ELME
Elme Communities
NYSE · Real Estate · REIT - Office · US
$1.76
+0.57%Sep 29, 2026, 21:00 UTC
Elme Communities sold two residential communities, 3801 Connecticut Avenue (307 units) and The Kenmore (371 units), to FPA Multifamily, LLC for $55.0 million each.
Sep 29, 2026, 20:35 UTC
Elme Communities' board approved the declaration of an additional liquidating distribution of $1.74 per share.
Source:Sep 29, 2026, 20:35 UTC
Elme Communities completed the sales of all its remaining properties as part of its ongoing liquidation and wind-down process.
Source:Sep 29, 2026, 20:35 UTC
Elme Communities announced that its delisting from the New York Stock Exchange is anticipated to occur in early November 2026.
Source:Jul 27, 2026, 14:24 UTC
Elme Communities, through a subsidiary, entered into a contract to sell the Riverside Apartments and undeveloped land in Alexandria, Virginia, to FPA Multifamily for $250 million.
Source:Jul 24, 2026, 20:15 UTC
Elme Communities provided an update on its ongoing liquidation activities, having sold six properties in 2026 and placed the remaining four under contract, including a new purchase and sale agreement for Riverside Apartments.
Jun 26, 2026, 18:00 UTC
Elme Communities disclosed that a sale of its Riverside Apartments property fell through, casting doubt on its ability to repay a $520 million term loan from Goldman Sachs.
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