{"filings":[{"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}],"next_cursor":null}