Elme Communities (ELME) news

JLL Income Property Trust pays ~$90M for Worcester Center

JLL Income Property Trust has acquired the Worcester Center, a 1,222-unit multifamily community in Virginia, for approximately $90 million. The property was previously owned by Elme Communities and was sold as part of portfolio liquidation . The acquisition aligns with JLL Income Property Trust's…

Elme Communities - Delisting from NYSE anticipated in early November 2026

Elme Communities, a multifamily real estate investment trust (REIT), has announced its intention to delist from the New York Stock Exchange (NYSE) in early November 2026, following the completion of its voluntary Plan of Sale and Liquidation. The company has already executed key steps in this…

Elme Communities - Board approves $1.74 per share additional liquidating distribution

Elme Communities has announced an updated estimate for its additional liquidating distributions, with the board projecting a range of $1.74 to $1.94 per common share. This update brings the total estimated liquidating distributions to between $16.41 and $16.61 per share, including initial $14.67…

Elme Communities - estimates additional liquidating distributions of $1.74-$1.94 per share

Elme Communities, a real estate investment trust focused on multifamily housing, has announced estimates for additional liquidating distributions to shareholders, ranging from $1.74 to $1.94 per share. This update follows the company’s ongoing strategy to wind down its portfolio and return capital…

Elme Communities - enters purchase and sale agreement for Riverside Apartments at $250 mln