{"filings":[{"id":2384516,"accession_number":"0000104894-26-000110","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2026-08-20T21:06:40+00:00","items":["8.01"],"status":"ready","headline":"Elme Communities: Riverside Apartments sale to FPA on track, closing expected Sept 14","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sale price $250M for 1,222-unit Riverside Apartments in Alexandria, VA.","Inspection period expired Aug 20, 2026; $4M earnest money deposit now nonrefundable.","Closing expected Sept 14, 2026, subject to conditions precedent.","Part of Elme's plan of sale and liquidation; buyer FPA Multifamily LLC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2271956,"accession_number":"0000104894-26-000107","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2026-08-14T20:16:59+00:00","items":["2.01","9.01"],"status":"ready","headline":"Elme Communities sells Elme Bethesda for $58M, repays $52.4M Term Loan","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sold Elme Bethesda, 193-unit community in Bethesda, MD, for $58.0M to Tilden Bethesda Hill Apartments, LLC.","Net proceeds $55.2M after adjustments; $52.4M used to repay Secured Term Loan, leaving $2.76M cash.","Pro forma net assets in liquidation unchanged at $167.7M as of June 30, 2026.","Seventh property sold since Nov 2025; prior six sold for ~$294M aggregate gross proceeds.","Company in liquidation mode; all remaining properties expected to be sold under Plan of Sale."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1857160,"accession_number":"0000104894-26-000091","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2026-07-24T20:16:01+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Elme Communities liquidation update: six sold, four under contract; total estimated distributions $16.41-$16.61/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold six properties in 2026 for ~$294M gross proceeds; four remaining under contract for ~$418M aggregate.","New purchase agreement for Riverside Apartments (1,222 units, Alexandria, VA) at $250M; closing by Sept 14, 2026.","Updated total estimated liquidating distributions $16.41-$16.61 per share (incl. $14.67 initial distribution paid Jan 2026).","Elme Bethesda closing by Aug 11, 2026; DC properties subject to TOPA process expected by end of 2026.","Targets completion of all sales in Q3/Q4 2026, delisting and dissolution in Q4 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1249396,"accession_number":"0000104894-26-000086","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2026-06-24T20:07:09+00:00","items":["1.02","8.01"],"status":"ready","headline":"Elme's $280M Riverside Apartments sale terminated; liquidating distribution estimates withdrawn","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Buyer of Riverside Apartments (1,222 units, Alexandria, VA) terminated PSA on June 17, 2026; earnest money refunded.","Company withdrawing previously disclosed estimated ranges of liquidating distributions due to uncertainty on Riverside sale timing and proceeds.","Three other properties (Elme Bethesda, The Kenmore, 3801 Connecticut Ave) under contract for $168M aggregate; sales subject to closing conditions.","Elme Watkins Mill sold June 10; net proceeds used to repay Term Loan; remaining Term Loan balance $251M as of June 24.","NYSE delisting and dissolution originally expected Q3 2026; now uncertain, may slip to Q4 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":721877,"accession_number":"0000104894-26-000082","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2026-05-28T20:07:48+00:00","items":["1.01"],"status":"ready","headline":"Elme Communities agrees to sell 193-unit Bethesda property for $59.0M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Purchase and sale agreement with CAPREIT Acquisition Corporation for Elme Bethesda, a 193-unit community in Bethesda, MD.","Contract price $59.0M; aggregate earnest money deposit of $1M, with $500K due at signing and $500K after inspection.","Inspection period expires June 3, 2026; closing no later than July 9, 2026 or 10 business days after Montgomery County certificate.","Sale is part of ongoing Plan of Sale and Liquidation; subject to customary closing conditions and inspection completion."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":90888,"accession_number":"0000104894-26-000018","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2026-05-11T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Elme updates liquidation: sold 5 properties, narrows distribution range to $16.74-$17.02/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold five properties in 2026 for ~$252.7M; entered into PSAs for four remaining totaling ~$431.3M gross proceeds.","Updates total liquidating distribution estimate to $16.74-$17.02/share (incl. initial $14.67 paid Jan 2026), down from prior $17.02-$17.47.","Remaining $288.5M Term Loan to be repaid with net proceeds from future property sales.","Targets completion of all remaining sales by mid-2026; NYSE delisting and dissolution targeted for Q3 2026.","Riverside Apartments PSA subject to inspection; closings for DC properties subject to TOPA regulatory requirements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100727,"accession_number":"0000104894-26-000004","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2026-01-23T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Elme Communities updates liquidation: estimated additional dist. $2.90-$3.50/sh, CFO change","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Directors Goitia and Sturzenegger will resign after 10-K filing, not due to disagreements.","CFO Freishtat to step down after 10-K filing; Drew Hammond appointed CFO, EVP.","Retention agreements for four execs: payments totaling $5.06M (McDermott), $1.20M (Freishtat), $1.03M (Hammond), $1.66M (Butcher).","New STIP ties bonuses to liquidating distributions ($3.20/sh target) and asset sale timing (target July 31, 2026).","Two purchase agreements signed for three of ten remaining properties, expected gross proceeds ~$155M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117029,"accession_number":"0000104894-25-000154","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2025-11-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Elme declares $14.67/sh special liquidating dividend; payable Jan 7, 2026","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Special liquidating distribution of $14.67 per share approved by Board.","Payable January 7, 2026 to shareholders of record December 22, 2025.","Distribution follows completion of 19-property portfolio sale on Nov 12, 2025.","Shares trade with due bills from Dec 22, 2025 through Jan 7, 2026.","Company also entered a new term loan on Nov 12, 2025 to fund distribution."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117024,"accession_number":"0000104894-25-000138","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K/A","filed_at":"2025-11-18T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Elme completes $1.606B sale of 19 properties to Cortland, repays debt, suspends dividend","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sold 19 multifamily properties to Cortland for $1.606B cash; net cash proceeds of ~$1.574B after credits and transaction costs.","Repaid all existing debt including $186M revolver; total prepayment of $739.5M; recorded $45.5M loss on extinguishment.","Originated $520M new term loan at SOFR+2.25% secured by remaining 10 properties; net new debt proceeds ~$490.6M.","Suspended regular quarterly dividend; shareholders approved a Plan of Sale and Liquidation on October 30, 2025.","Pro forma net loss of $204.9M for nine months ended Sep 30, 2025; $91.4M loss for FY2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117028,"accession_number":"0000104894-25-000132","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2025-11-14T23:59:59+00:00","items":["5.02","7.01"],"status":"ready","headline":"Elme Communities CIO resigns; workforce down to 117 after multifamily sale","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Susan Gerock, SVP and CIO, resigned effective Nov 14, 2025; receives 24 months base salary continuation plus bonus and up to 18 months COBRA.","Workforce reduction ongoing: headcount ~117 (73 in community management) following sale of 19 multifamily assets to Cortland Partners.","Company is executing its plan of sale and liquidation, downsizing to retain only essential personnel for remaining assets and wind-down."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117027,"accession_number":"0001104659-25-110656","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2025-11-13T23:59:59+00:00","items":["1.01","1.02","2.01","2.03","5.01","7.01","9.01"],"status":"ready","headline":"Elme completes $1.6B sale of 19 multifamily communities; initial liquidating distribution $14.50-$14.82/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold 19 multifamily communities to Cortland affiliate for $1.606B cash; closed November 12, 2025.","Plan of Sale and Liquidation approved; will sell 9 remaining assets and Watergate 600, aiming for completion by June 2026.","Initial special liquidating distribution expected $14.50-$14.82/share, declared later this year, paid January 2026.","Entered $520M senior secured term loan with Goldman Sachs, maturing Nov 2026 with one-year extension option, secured by 10 retained properties.","Repaid and terminated existing credit facilities and redeemed $50M of 7.25% senior notes due 2028."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117026,"accession_number":"0000104894-25-000111","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Elme shareholders approve sale of 19 properties and liquidation plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved sale of 19 multifamily properties to Cortland affiliate per Purchase Agreement dated August 1, 2025.","Liquidation Plan approved; company to wind down operations and dissolve.","Non-binding compensation proposal for named executives also approved.","Closing of Portfolio Sale expected on or about November 12, 2025.","Votes: Portfolio sale 69.6M for, 221k against; Liquidation 69.5M for, 228k against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117025,"accession_number":"0000104894-25-000105","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2025-10-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme reports Q3 net loss of $1.40/share; proceeds with $1.6B portfolio sale and liquidation plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Net loss per diluted share $(1.40) vs $(0.03) in prior year; Core FFO $0.22 vs $0.23.","Same-store multifamily NOI down 1.8%; average occupancy 94.4% vs 95.2% prior year.","Recognized $111.7M impairment on properties not in portfolio sale due to revised holding periods.","Pending sale of 19 multifamily communities for ~$1.6B to Cortland; shareholder vote Oct 30.","No future regular dividends if liquidation plan approved; last dividend of $0.18 paid Oct 3."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133460,"accession_number":"0000104894-25-000084","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme Communities sells 19 multifamily properties for ~$1.6B; adopts plan of liquidation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Net loss per diluted share $(0.04) in Q2 2025, unchanged YoY; Core FFO per share $0.24 vs $0.23 YoY.","Same-store multifamily NOI up 4.5% YoY; average occupancy 94.7%, up 0.2% YoY.","Purchase agreement with Cortland Partners for $1.6B sale; Board approves voluntary plan of sale and liquidation.","Quarterly dividend of $0.18 declared for Oct 3, 2025 payment; 2025 guidance withdrawn.","Available liquidity $330M; annualized Net Debt to Adjusted EBITDA 5.6x."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133459,"accession_number":"0001193125-25-172118","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2025-08-04T23:59:59+00:00","items":["1.01","7.01","8.01","9.01"],"status":"ready","headline":"Elme Communities to sell 19 properties to Cortland for $1.605B; plans liquidation","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price of $1.605 billion in cash for 19 multifamily assets; expected close Q4 2025.","Upfront shareholder distribution estimated at $14.68–$15.00 per share; additional $2.90–$3.50 per share from remaining asset sales.","Shareholder vote required for both the portfolio sale and the Plan of Sale and Liquidation.","Termination fee: Elme pays $37.5M ($27.5M if superior proposal before Aug 31); buyer pays $100M.","Cortland's financing not a condition; Elme obtained $520M–$565M commitment from Goldman Sachs for post-sale assets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150139,"accession_number":"0000104894-25-000067","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2025-05-30T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Elme Communities shareholders elect eight trustees, approve say-on-pay, ratify auditor at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All eight incumbent trustees reelected to one-year terms; each received over 70M votes for.","Non-binding advisory vote on named executive officer compensation passed with ~70.1M for, ~3.9M against.","Ratification of Ernst & Young as independent auditor for FY2025 approved with ~78.5M for, ~2.1M against.","Final voting results certified; annual meeting held May 29, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150138,"accession_number":"0000104894-25-000047","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme Q1 net loss $(0.05)/share, Core FFO $0.24; reaffirms 2025 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss per diluted share $(0.05) vs $(0.04) prior year; Core FFO $0.24 vs $0.23.","Same-store multifamily NOI up 5.5% YoY on higher rental revenue and property tax appeals.","Same-store occupancy 94.8% (+0.5% YoY); blended lease rate growth 1.9% (new -2.0%, renewal +5.0%).","Board initiated strategic review of alternatives to maximize shareholder value; ongoing.","2025 Core FFO guidance reaffirmed at $0.91-$0.97; quarterly dividend $0.18 declared."],"consensus_eps_estimate":-0.0408,"consensus_eps_actual":-0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":61493000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169143,"accession_number":"0000104894-25-000023","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2025-03-20T23:59:59+00:00","items":["1.01","5.02","7.01","9.01"],"status":"ready","headline":"Elme Communities adds board member, enters cooperation with ALM, opts out of MUTA","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Appointed Ron D. Sturzenegger as independent trustee; Board now 8 members, 7 independent.","Entered cooperation agreement with Argosy-Lionbridge (ALM); standstill, voting commitments, mutual non-disparagement.","Board approved resolution to opt out of MUTA Section 3-803; shareholder vote required to classify Board.","Sturzenegger brings 30+ years finance/real estate experience; will serve on transaction committee for strategic review.","ALM expressed confidence in Elme's upside; company advised by Goldman Sachs and Hogan Lovells."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169142,"accession_number":"0000104894-25-000008","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme reports Q4 net loss, initiates strategic review; 2025 Core FFO guidance $0.91-$0.97","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q4 net loss $3.0M ($0.03/diluted share); Core FFO $20.7M ($0.24/diluted share).","FY2024 net loss $13.1M ($0.15/diluted share); Core FFO $81.8M ($0.93/diluted share).","Same-store multifamily NOI up 1.7% in Q4, 1.4% for full year vs prior year.","Board initiates formal strategic alternatives review; Goldman Sachs and JLL Securities as advisors.","2025 Core FFO guidance $0.91-$0.97 per share; quarterly dividend $0.18/share declared."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186197,"accession_number":"0000104894-24-000084","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2024-11-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme Q3 net loss $3M, Core FFO $0.23; tightens FY guidance to $0.92-$0.94","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $3.0M ($0.03 diluted EPS); NAREIT FFO $20.5M ($0.23); Core FFO $20.7M ($0.23).","Same-store multifamily NOI up 2.3% YoY; blended lease rate growth 2.1% (new -1.5%, renewal 4.5%).","FY 2024 Core FFO guidance tightened to $0.92-$0.94 per share; midpoint unchanged.","Quarterly dividend maintained at $0.18/share; payable Jan 6, 2025 to holders of record Dec 19.","Available liquidity $337M; net debt/EBITDA 5.6x; only $125M debt maturing before 2028."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":180671000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202832,"accession_number":"0000104894-24-000075","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2024-08-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme Q2 2024 NAREIT FFO $0.23/share; tightens Core FFO guidance to $0.91-$0.95","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $3.5M ($0.04 diluted); NAREIT FFO $20.4M ($0.23); Core FFO $20.5M ($0.23).","Same-store multifamily NOI +1.3% YoY; blended lease rate growth 3.2% (renewal 5.4%); average occupancy 94.6%.","Core FFO guidance tightened to $0.91-$0.95 from $0.90-$0.96; same-store NOI growth raised to 0.75%-1.75%.","Amended credit facility: $500M revolver (expandable to $1B), maturity extended to July 2028.","Quarterly dividend $0.18 declared, payable Oct 3 to holders of record Sep 19."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":119616000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202831,"accession_number":"0000104894-24-000069","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2024-07-11T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"Elme Communities enters $500M revolver, replacing $700M facility and repaid term loan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $500M unsecured revolver matures July 10, 2028; initial rate SOFR + 0.85% plus 0.10% adjustment, facility fee 0.20%.","$167M drawn at closing; prior $700M revolver and $250M term loan (fully repaid) replaced.","Option to increase commitments up to $1.0B with lender consent; two six-month extension options available.","Amendment to existing term loan with Truist Bank aligns covenants; no change to maturity or pricing.","No subsidiary guarantees required now; potential future guarantees if subsidiary guarantees >$200M other debt or incurs recourse debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219009,"accession_number":"0000104894-24-000062","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2024-06-04T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Elme Communities shareholders approve all proposals at annual meeting, including 2.9M share increase for equity plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 7 trustee nominees re-elected; lowest support was 68.7M for Anthony L. Winns.","2016 Omnibus Incentive Plan amended, adding 2.9M shares to reserve (70.3M for, 2.6M against).","Advisory vote on executive compensation approved (69.7M for, 3.2M against).","Ernst & Young ratified as independent auditor for 2024 (78.5M for, 2.0M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219008,"accession_number":"0000104894-24-000039","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2024-05-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme Q1 net loss $3.6M; Core FFO $0.23/share; full-year guidance reaffirmed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $3.6M ($0.04 diluted EPS); NAREIT FFO up 20% YoY to $21.3M ($0.24/share).","Core FFO $19.9M ($0.23/share), down 4% YoY; NOI $37.8M, up 4% YoY.","Same-store multifamily NOI up 0.3%; effective blended lease rate growth 2.3% (new -2.1%, renewal 6.2%).","Same-store average occupancy 94.4% (down 0.9% YoY); Atlanta occupancy pressure noted, Washington Metro stable.","Quarterly dividend $0.18/share declared (payable July 3, record June 20); FY2024 Core FFO guidance $0.90–$0.96."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":59513000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238897,"accession_number":"0001193125-24-040053","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2024-02-20T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Elme Communities establishes $350M at-the-market equity offering program, terminates prior ATM with $340M unsold","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["New ATM program under equity distribution agreement allows sale of up to $350M in common shares through multiple agents.","Prior ATM program terminated; approximately $340M remained unsold under it.","Net proceeds intended for general corporate purposes including property acquisitions, improvements, and debt repayment.","Company also filed prospectus supplement for Dividend Reinvestment and Share Purchase Plan for dividend reinvestment and share purchases.","Agents include Wells Fargo Securities, BNY Mellon, Citigroup, Goldman Sachs, KeyBanc, TD Securities, and Truist."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238896,"accession_number":"0000104894-24-000008","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2024-02-15T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme Communities reports 2023 Core FFO $0.97/sh, up 10.2% YoY; guides 2024 Core FFO $0.90-$0.96","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year net loss $53.0M ($0.61/sh); NAREIT FFO $0.88/sh (+27.9% YoY); Core FFO $0.97/sh (+10.2%).","Same-store multifamily NOI up 8.3% YoY; average effective rent up 6.5%; average occupancy 95.6%.","Q4 Core FFO $0.24/sh (flat YoY); same-store NOI +4.5%; blended lease rate growth 2.5% (renewal +6.2%).","2024 Core FFO guidance $0.90-$0.96/sh; same-store multifamily NOI growth 0.25%-2.0%.","Quarterly dividend maintained at $0.18/sh, payable Apr 3, 2024; liquidity ~$550M; no debt maturities until 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":227911000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256381,"accession_number":"0000104894-23-000110","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2023-10-26T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme Communities Q3 core FFO $0.24/share; net loss $43.6M on $41.9M impairment; guides FY core FFO $0.97-$0.99","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Core FFO $0.24/diluted share, up >4% YoY; same-store multifamily NOI +7.3%.","Net loss $43.6M includes $41.9M non-cash impairment on Watergate 600 office asset.","Completed $108M acquisition of Elme Druid Hills in Atlanta, adding ~500 homes.","Board authorized $50M share repurchase program through October 2025.","Q3 dividend $0.18/share held; FY 2023 core FFO guidance tightened to $0.97-$0.99."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":169059000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273786,"accession_number":"0000104894-23-000101","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2023-09-20T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Elme amends bylaws: electronic meetings, proxy rules, exclusive forum, trustee age cap removed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders may attend meetings via electronic transmission; proxy solicitors must use non-white proxy cards.","Bylaws updated for universal proxy rules (SEC Rule 14a-19) and enhanced nomination/information requirements.","Trustee age restriction removed: previously no nomination after 72nd birthday; now soft cap at 75 in governance guidelines.","Exclusive forum designates Baltimore City Circuit Court for internal claims and federal courts for Securities Act claims.","Additional administrative, clarifying, and conforming changes made throughout the bylaws."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273785,"accession_number":"0000104894-23-000089","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2023-09-13T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Elme Communities appoints Susan Carras to its Board of Trustees","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board expanded from six to seven members; Carras is an independent trustee, effective Sept. 8, 2023.","Carras is Senior Managing Director in JLL Capital Markets; previously co-head of HFF's DC office.","She will receive $55k annual cash retainer, $100k common share grant, and $15k for committee service, prorated for first year.","Appointment increases female representation among independent trustees to 50%.","Carras also serves on BREIT's board and is active in ULI."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273784,"accession_number":"0000104894-23-000080","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2023-07-31T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme Q2 net loss $0.03/shr, Core FFO $0.24; lowers 2023 Core FFO guidance to $0.96-$1.00","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $2.6M ($0.03/diluted); Core FFO $21.4M ($0.24/diluted) up 14% YoY.","Same-store multifamily NOI grew 10.9% YoY; effective blended lease rate growth 3.7% (new 0.4%, renewal 6.4%).","Completed internalization of community-level operations; retained 93% of team. Hired Tiffany Butcher as COO.","2023 Core FFO guidance lowered to $0.96-$1.00 per share from $0.96-$1.02; same-store NOI growth now 8-9% (prev 9-10.5%).","Dividend maintained at $0.18/quarter; paid Oct 4 to shareholders of record Sep 20."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":112408000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290852,"accession_number":"0000104894-23-000068","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2023-06-28T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Elme Communities appoints Tiffany Butcher as EVP & COO effective July 10, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Annual base salary of $425,000; eligible for short-term (target 93% of salary) and long-term (target 190% of salary) incentive plans.","Granted $100,000 in restricted shares vesting in three equal annual installments beginning July 10, 2024.","Butcher previously Chief Residential Officer at JBG SMITH, overseeing 11,000+ multifamily apartments in the Washington, DC area.","Role planned and budgeted; she will lead operational initiatives to maximize net operating income.","Also enters change in control and indemnification agreements standard for Elme executives."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290851,"accession_number":"0000104894-23-000064","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2023-05-30T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Elme Communities 2023 annual meeting votes: all director nominees elected, say-on-pay approved, EY ratified","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six trustees elected: J. Banner (74.5M for), B. Butcher (74.4M), E. Goitia (74.3M), P. McDermott (72.4M), T. Nolan (73.9M), A. Winns (73.3M).","Shareholders approved non-binding advisory vote on executive compensation (70.9M for, 4.1M against).","Advisory vote on frequency of say-on-pay: 1 year approved (72.4M for); company will hold annual vote until 2029.","Ratification of Ernst & Young as independent auditor for FY2023 (79.1M for, 1.5M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290850,"accession_number":"0000104894-23-000046","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2023-04-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme Q1 Core FFO $0.24, up 20% YoY; tightens FY guidance to $0.96-$1.02","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Core FFO of $0.24/diluted share, up 20% YoY; GAAP net loss $3.6M ($0.04/diluted).","Same-store multifamily NOI up 10.7% YoY; effective blended lease rate growth of 4.5%.","2023 Core FFO guidance tightened to $0.96-$1.02/diluted share, ~13% growth at midpoint.","Quarterly dividend declared $0.18/share, payable July 6, 2023 to shareholders of record June 22.","Transformation: 70% of portfolio transitioned; expects incremental FFO of $4.25-$4.75M from 2023-2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":55809000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311705,"accession_number":"0000104894-23-000024","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2023-02-16T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme Communities reports Q4 Core FFO $0.24/share; 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Steven Freishtat to succeed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Stephen Riffee, EVP and CFO, to retire at end of February 2023; Steven Freishtat expected to succeed as CFO.","Freishtat, currently VP Finance, joined Elme in 2015 and led financial planning, capital markets, and treasury.","Drew Hammond, VP and Chief Accounting Officer, to be promoted to SVP and CAO.","Kelly O'Shields, Director of Real Estate Accounting, to be promoted to VP Finance.","Succession plan reflects orderly transition; Riffee praised for leading multifamily transformation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":330271,"accession_number":"0000104894-22-000108","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2022-10-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Elme Communities Q3 2022: Net loss $10.7M, Core FFO $0.23; same-store NOI up 10.4%; guidance tightened","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $10.7M ($0.12 diluted); Core FFO $20.5M ($0.23 diluted).","Same-store multifamily NOI increased 10.4% YoY; effective blended lease rate growth 10.3% same-store.","2022 Core FFO guidance tightened to $0.87-$0.89; 2023 guidance reaffirmed at $0.96-$1.04.","Quarterly dividend declared $0.17/share, payable Jan 5, 2023 to holders of record Dec 22, 2022.","No additional acquisitions expected in 2022 due to shifting market conditions; $125M capacity available."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":153787000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":330270,"accession_number":"0001193125-22-263735","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2022-10-17T23:59:59+00:00","items":["5.03","7.01","9.01"],"status":"ready","headline":"WashREIT rebrands as Elme Communities; ticker to change to ELME on Oct 20; expects 14% Core FFO growth in 2023","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Name changed to Elme Communities; ticker symbol on NYSE to become 'ELME' effective Oct 20, 2022.","Expects ~14% year-over-year Core FFO growth in 2023, highest in over 20 years.","Same-store multifamily NOI growth expected at 9.0% to 11.0% in 2023.","Expanded Sunbelt exposure: 20% of apartment homes in Sunbelt vs 3% a year ago.","Internalization of community-level operations to be completed by mid-2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347830,"accession_number":"0001193125-22-251716","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2022-09-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"WashREIT provides 2023 guidance with Core FFO $0.96-$1.04, 14% growth, and strong leasing trends","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["2023 Core FFO guidance of $0.96 to $1.04 per share; midpoint implies 14% growth over 2022.","Reaffirms 2022 Core FFO guidance of $0.86 to $0.90 per share.","Same-store multifamily blended lease rate growth was 11.1% in July and 10.6% in August; occupancy ~95.6%.","Non-same-store multifamily blended lease rate growth ~17.4% in July and August 2022.","Expects to deploy remaining $125M in 2022 acquisitions, targeting 25% of homes in Southeast by year-end."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347829,"accession_number":"0000104894-22-000093","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2022-07-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"WashREIT Q2 net loss $8.9M; FY Core FFO guidance $0.86-$0.90 (lowered $0.02 midpoint)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $8.9M (-$0.10 diluted EPS); Core FFO $18.2M ($0.21 diluted EPS).","Same-store multifamily NOI +5.1% YoY; blended lease rate growth 11.2% (same-store), 16.9% (Atlanta).","Completed $178M acquisitions of Alder Park and Marietta Crossing in Georgia in May 2022.","FY2022 Core FFO guidance $0.86-$0.90/share (lowered $0.02 at midpoint); same-store NOI growth guidance raised to 8.5%-9.5%.","Quarterly dividend $0.17/share declared, payable Oct 5, 2022 to holders of record Sep 21, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":99184000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":364358,"accession_number":"0000104894-22-000077","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2022-05-31T23:59:59+00:00","items":["1.01","5.07","9.01"],"status":"ready","headline":"Washington REIT elects Jennifer Banner to board; annual meeting votes on directors, auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders elected Jennifer Banner as trustee with 71.76M votes for, 205k against.","Banner brings 36 years experience including CEO of Schaad Companies and director of Truist Financial.","Advisory vote on executive compensation approved with 69.39M for, 2.41M against.","Ratification of Ernst & Young as auditor for FY2022 passed with 77.12M for, 1.62M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":364357,"accession_number":"0000104894-22-000060","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2022-04-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"WashREIT reports Q1 net loss $7.7M, Core FFO $0.20; guides FY Core FFO $0.87-$0.93","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $7.7M ($0.09/diluted share); NAREIT FFO $14.5M ($0.17); Core FFO $0.20 per share.","Same-store multifamily NOI up 7.9% YoY; blended effective lease rate growth 9.5% (13.8% Atlanta portfolio).","Expects to close ~$178M acquisition of two GA multifamily communities in early May; targeting ~$100M more by mid-year.","FY 2022 Core FFO guidance $0.87-$0.93 per share; same-store multifamily NOI growth 7.75%-9.75%.","Quarterly dividend maintained at $0.17/share; payable July 6, 2022 to holders of record June 22."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":47804000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384070,"accession_number":"0000104894-22-000046","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2022-03-10T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Washington REIT General Counsel Taryn Fielder departs; severance of $121,154","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ms. Fielder resigned as SVP, General Counsel and Corporate Secretary, effective Feb 25, 2022.","Separation agreement includes a cash severance payment of $121,154 and 5 months of COBRA premium subsidy.","Prorated 2022 short-term incentive bonus and prorated LTIP awards based on performance through departure date.","All unvested restricted shares and restricted share units vest; SERP account also vests.","Agreement includes a 12-month non-solicitation covenant and mutual general release of claims."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384069,"accession_number":"0000104894-22-000043","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2022-03-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"WashREIT posts March 2022 investor presentation with transformation update","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Company posted investor presentation on March 4, 2022 to ir.washreit.com.","Presentation is labeled 'Transformation Update – March 2022'.","No revenue, earnings, or deal specifics available from provided exhibit text."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384068,"accession_number":"0000104894-22-000039","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2022-03-03T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Washington REIT SVP, General Counsel & Corporate Secretary Taryn Fielder resigns","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Taryn D. Fielder and Washington REIT agreed to a mutual separation on Feb 25, 2022.","Fielder resigned as SVP, General Counsel and Corporate Secretary effective Feb 25, 2022.","No replacement has been announced as of the filing date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384067,"accession_number":"0000104894-22-000016","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2022-02-17T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"WashREIT reports Q4 net loss $0.08/diluted share; guides 2022 Core FFO $0.87-$0.93","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2021 Core FFO $1.06/diluted share; net income $16.4M.","Q4 same-store multifamily NOI +4.2% YoY; occupancy 95.9%; blended lease rate growth 8.4%.","Acquired Assembly Eagles Landing ($106M) and Carlyle of Sandy Springs ($106M) expanding Southeast.","2022 Core FFO guidance $0.87-$0.93; same-store multifamily NOI growth 7.75%-9.75%.","Quarterly dividend $0.17 declared, payable April 5, 2022; raised $68.2M via ATM share issuances."],"consensus_eps_estimate":null,"consensus_eps_actual":0.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":169151000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":401905,"accession_number":"0000104894-21-000088","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2021-10-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"WashREIT Q3 Core FFO $0.20; completes $934M in asset sales, redeems $300M notes","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $31.3M ($0.37 diluted); Core FFO $0.20 per share; NOI $27.1M.","Completed sale of office portfolio for $766M and retail portfolio for $168.3M.","Acquired The Oxford for $48M; binding agreements for two Atlanta properties ($106M).","Redeemed $300M senior notes due 2022; repaid $150M term loan; liquidity ~$1.0B.","Reinstated 2021 Core FFO guidance $1.05–$1.08; same-store multifamily NOI $90–$90.5M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":124403000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":420836,"accession_number":"0000104894-21-000080","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2021-08-26T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"Washington REIT enters $700M revolving credit facility, extends maturity to 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Second Amended and Restated Credit Agreement provides $700M revolving credit facility maturing August 26, 2025.","Existing $250M term loan facility continues, maturing July 21, 2023; no revolving loans drawn at closing.","Pricing: LIBOR + 0.70%-1.40% (revolver) and LIBOR + 0.85%-1.75% (term loan), based on credit rating.","Facility includes sustainability-linked pricing adjustment and option to increase total commitments to $1.5B.","Financial covenants unchanged: max total-debt/total-asset value 0.60x, min adjusted EBITDA/fixed charges 1.50x."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":420835,"accession_number":"0000104894-21-000074","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2021-07-29T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"WashREIT Q2 net loss $7.0M; transforms to multifamily REIT with $766M office sale","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net loss $7.0M ($0.08/share); Core FFO $30.1M ($0.35/share); same-store multifamily NOI down 2.0% YoY.","Completed $766M office portfolio sale; agreed to sell retail assets for $168.3M, expected to close in Q3.","Plans to redeem $300M notes due 2022, repay $150M term loan, and acquire $450M multifamily in SE markets.","Dividend cut to $0.17/share from $0.30; Board reset dividend to fund transformation.","Trove occupancy >76%, stabilization near year-end; full-year same-store NOI guidance $85.5-$86.5M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":81904000.0,"consensus_period":"2021-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":420834,"accession_number":"0000104894-21-000071","cik":104894,"company_name":"Elme Communities","ticker":"ELME","form_type":"8-K","filed_at":"2021-07-27T23:59:59+00:00","items":["2.01","9.01"],"status":"ready","headline":"WashREIT completes $766M sale of 12 office assets; plans debt repayment and multifamily expansion","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold 12 office properties for $766M to BPG Acquisitions, LLC on July 26, 2021.","Proceeds to redeem $300M senior notes due 2022 and repay $150M term loan, plus terminate interest rate swaps.","Expects to sell 8 retail assets for $168.3M in August 2021; pro forma shows shift to multifamily.","CEO Paul McDermott cites a 'significant milestone' in strategic transformation to a multifamily REIT.","WashREIT now owns ~7,059 apartment units and 1M sq ft commercial space; enterprise value ~$3B."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":177715759.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}