ELME Elme Communities

1.750USD-0.57%Mkt Cap: 155.50M $P/E: —

Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The Company is a multifamily real estate investment trust that owns a…

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Elme reaches deal to sell last property for $250M

After one sale fell through earlier this year, the REIT entered an agreement to sell the 222-unit Riverside Apartments in Alexandria, Virginia, and related undeveloped land for $30 million less.

Multifamily Dive
Elme Communities shares climb after updating liquidation payout outlook

Elme Communities (NYSE:ELME) shares jumped 9. 1% on Monday after the real estate investment trust revised its estimated liquidation distributions and announced a new agreement to sell its Riverside Apartments property.

InvestorsHub