# EDGAR Filing Document

**Accession Number:** 0000798359
**File Stem:** 0000798359-25-000107
**Filing Date:** 2025-9
**Character Count:** 7667
**Document Hash:** ae417bb3e89f51419c192aeafa8d9d2f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000798359-25-000107.hdr.sgml**: 20250923

**ACCESSION NUMBER**: 0000798359-25-000107

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20250923

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250923

**DATE AS OF CHANGE**: 20250923

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CENTERSPACE
- **CENTRAL INDEX KEY:** 0000798359
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 450311232
- **STATE OF INCORPORATION:** ND
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35624
- **FILM NUMBER:** 251333986

**BUSINESS ADDRESS:**
- **STREET 1:** 3100 10TH ST SW
- **STREET 2:** PO BOX 1988
- **CITY:** MINOT
- **STATE:** ND
- **ZIP:** 58702-1988
- **BUSINESS PHONE:** 701-837-4738

**MAIL ADDRESS:**
- **STREET 1:** 3100 10TH ST SW
- **STREET 2:** PO BOX 1988
- **CITY:** MINOT
- **STATE:** ND
- **ZIP:** 58702-1988

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INVESTORS REAL ESTATE TRUST
- **DATE OF NAME CHANGE:** 19920703

?xml version='1.0' encoding='ASCII'? iret-20250923

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934** 

Date of Report (Date of earliest event reported): September 23, 2025

**CENTERSPACE** 

(Exact name of Registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **North Dakota** | **001-35624** | **45-0311232** |
| (State or Other Jurisdiction<br>of Incorporation or Organization) | (Commission File Number) | (I.R.S. Employer Identification No.) |

---

**3100 10th Street SW, Post Office Box 1988, Minot, ND 58702-1988**

(Address of principal executive offices) (Zip code)

**(701) 837-4738** 

(Registrant's telephone number, including area code)

**Not Applicable**

(Former name or former address, if changed from last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act

☐&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Shares of Beneficial Interest, no par value | CSR | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 7.01 Regulation FD Disclosure.**

On September 23, 2025, Centerspace (the "Company") issued a press release related to the disposition of its St. Cloud communities. A copy of that press release is furnished as Exhibit 99.1 and incorporated herein by reference.

The information in this Item 7.01 and item 9.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any Company filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such filing.

**Item 9.01 Financial Statements and Exhibits**

(d) Exhibits

---

| | |
|:---|:---|
| Exhibit | |
| Number | Description |
| <u>[99.1](pressreleaseseptember232025.htm)</u> | <u>[Press Release, dated September 23, 2025](pressreleaseseptember232025.htm)</u> |
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL Document. |

---

------

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| | **Centerspace** | **Centerspace** |
| | By | <u>/s/ Anne Olson</u> |
| | | Anne Olson |
| Date: September 23, 2025 | | President and Chief Executive Officer |

---

## Exhibit 99.1

**FOR IMMEDIATE RELEASE** &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Contact Information</u>** 

Josh Klaetsch, Investor Relations

Phone : (952) 401-6600

E-mail : <u>IR@centerspacehomes.com</u> 

**CENTERSPACE COMPLETES SALE OF FIVE ST. CLOUD** 

**COMMUNITIES FOR $124.0 MILLION**

MINNEAPOLIS, MN, September 23, 2025 – Centerspace (NYSE: CSR) announced it has completed the disposition of five communities comprising 832 homes in the St. Cloud, MN, market for an aggregate sale price of $124.0 million. This transaction marks the Company's exit from the St. Cloud market, while the Company's planned disposition of seven communities in Minneapolis remains on track with an expected closing in Q4 2025.

These sales are part of the larger portfolio repositioning that the Company outlined in June 2025. Proceeds will be used to decrease leverage and for general corporate purposes.

"Combined with our recent acquisitions in Salt Lake City and Fort Collins, this transaction activity improves the quality and diversification of our communities while demonstrating the compelling value our portfolio offers," said Anne Olson, Centerspace CEO.

"As we evaluate future disposition activity, management and our board will be prudently considering capital allocation in light of the current market and relative share price. Specifically, our options are not limited to investments that continue our trajectory of improved portfolio quality and growth but also may include accelerated deleveraging, value-add investments within our current portfolio, share buy backs, and dividends to investors, among other things," Ms. Olson continued. "Our goal is to create value for our shareholders and to provide information and demonstrate action so that the value of Centerspace is better recognized."

CBRE acted as broker for the St. Cloud portfolio sale.

<u>About Centerspace</u> 

*Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, Centerspace owns 68 apartment communities consisting of 12,941 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Utah. Centerspace was named a top workplace for the sixth consecutive year in 2025 by the* Minneapolis Star Tribune. *For more information, please visit <u>www.centerspacehomes.com</u>.* 

###

If you would like more information about this topic, please contact Josh Klaetsch, Investor Relations, at (952) 401-6600 or <u>IR@centerspacehomes.com</u>.

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