secwatch.observer — SEC 8-K summary
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Issuer:     Elme Communities (ELME)
CIK:        0000104894
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0000104894-21-000088
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WashREIT Q3 Core FFO $0.20; completes $934M in asset sales, redeems $300M notes
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104894/000010489421000088/0000104894-21-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104894/000010489421000088/wre-20211028.htm
  HTML page:      https://secwatch.observer/filing/0000104894-21-000088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer