Current Report · Items 8.01 · 8-K
Centerspace
CSRNYSEEQUITYCurrent
Other Events
Item 8.01 Regulation Other Events. As previously disclosed, on September 30, 2021, Centerspace, LP (the “Operating Partnership”), an indirect subsidiary of Centerspace (the “Company”), entered into a Third Amended and Restated Credit Agreement, as amended (the “Credit Agreement”), by and among the Operating Partnership, each of the guarantors party thereto, including the Company, the lenders from…
Filed Aug 26, 2026Accepted Aug 26, 2026, 4:30 PM EDTCIK 798359Accession 0000798359-26-000088
Company context
Centerspace (NYSE: CSR) is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, as of September 9, 2026, Centerspace owned 47 apartment communities consisting of 10,456 units located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and Utah. Centerspace was named a Top Workplace in 2026 by USA Today and for the seventh consecutive year in 2026 by the Minnesota Star Tribune. For more information, please visit www.centerspacehomes.com.
Current securities
Disclosure sections
Items 8.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 8.01Item 8.01 - Other Events
Item 8.01 Regulation Other Events.
As previously disclosed, on September 30, 2021, Centerspace, LP (the “Operating Partnership”), an indirect subsidiary of Centerspace (the “Company”), entered into a Third Amended and Restated Credit Agreement, as amended (the “Credit Agreement”), by and among the Operating Partnership, each of the guarantors party thereto, including the Company, the lenders from time to time party thereto, and Bank of Montreal, as administrative agent (the “Agent”).
On May 29, 2025, the Company exercised an accordion option under the Credit Agreement to increase the aggregate borrowing capacity available thereunder by $150.0 million, from $250.0 million to $400.0 million.
On August 21, 2026, the Company notified the Agent that it has elected to terminate the previously exercised accordion option, reducing the aggregate borrowing capacity under the Credit Agreement by $150.0 million, from $400.0 million to $250.0 million. The Company expects this reduction in available capacity to be effective on August 28, 2026.
Other than the reduction in aggregate borrowing capacity described above, the material terms of the Credit Agreement remain unchanged.