secwatch.observer — SEC 8-K summary
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Issuer:     Elme Communities (ELME)
CIK:        0000104894
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0000104894-22-000093
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WashREIT Q2 net loss $8.9M; FY Core FFO guidance $0.86-$0.90 (lowered $0.02 midpoint)
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104894/000010489422000093/0000104894-22-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104894/000010489422000093/wre-20220728.htm
  HTML page:      https://secwatch.observer/filing/0000104894-22-000093

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