secwatch.observer — SEC 8-K summary
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Issuer:     Elme Communities (ELME)
CIK:        0000104894
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0000104894-22-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WashREIT reports Q1 net loss $7.7M, Core FFO $0.20; guides FY Core FFO $0.87-$0.93
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104894/000010489422000060/0000104894-22-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104894/000010489422000060/wre-20220427.htm
  HTML page:      https://secwatch.observer/filing/0000104894-22-000060

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