AI brief of an SEC Form 8-K · Centerspace Trust (CSR)

Centerspace Q1 revenue rises 4.0% to $67.1 million; Core FFO dips to $1.21

Mixed Impact 3 of 5 earnings Written later

Centerspace reported first-quarter 2025 results on May 1, 2025, with revenue up 4.0% to $67.1 million and a narrower net loss of $0.22 per diluted share versus $0.37 a year earlier. Core FFO per diluted share fell 1.6% to $1.21, which the company attributed to higher same-store property taxes, and it reaffirmed its 2025 Core FFO guidance of $4.86 to $5.10 per share.

Key points

  • Revenue rose $2.6 million, or 4.0%, to $67.1 million from $64.5 million in Q1 2024
  • Net loss was $0.22 per diluted share, compared with $0.37 in Q1 2024
  • Core FFO per diluted share was $1.21 versus $1.23, down 1.6%, due to a $0.06 per share increase in same-store property taxes
  • 2025 guidance was reaffirmed, including Core FFO of $4.86 to $5.10 per diluted share and same-store NOI growth of 1.25% to 3.25%

The filing

CompanyCenterspace Trust (CSR)
Form8-K, current report
Filed with the SECMay 1, 2025, 4:46 PM ET
Accession number0000798359-25-000042

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.