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

Centerspace Q2 net loss $0.87 a share on impairment; revenue up 5.4%

Mixed Impact 4 of 5 earnings Written later

Centerspace reported a second-quarter 2025 net loss of $0.87 per diluted share, compared with $0.19 a year earlier, after a $14.5 million real estate impairment. Revenue rose 5.4% to $68.5 million and Core FFO per diluted share edged up to $1.28 from $1.27, but the company narrowed and lowered its 2025 FFO per diluted share outlook to $4.70 to $4.83 from $4.73 to $4.97. The Board also authorized a share repurchase program of up to $100 million through July 31, 2026.

Key points

  • Q2 2025 net loss was $0.87 per diluted share versus $0.19 in Q2 2024; six-month net loss was $1.09 versus $0.56.
  • Core FFO was $1.28 per diluted share versus $1.27; same-store NOI rose 2.9% year over year.
  • 2025 FFO per diluted share outlook is $4.70 to $4.83, down from $4.73 to $4.97; Core FFO outlook is $4.88 to $5.00, down from $4.86 to $5.10.
  • Repurchase program of up to $100 million of common shares was effective July 31, 2025, with no obligation to buy any specific number of shares.

The filing

CompanyCenterspace Trust (CSR)
Form8-K, current report
Filed with the SECAug 4, 2025, 4:35 PM ET
Accession number0000798359-25-000088

Items reported: 2.02 Results of Operations8.01 Other Events

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 August 04, 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.