secwatch.observer — SEC 8-K summary
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Issuer:     Elme Communities (ELME)
CIK:        0000104894
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0000104894-22-000108
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Elme Communities Q3 2022: Net loss $10.7M, Core FFO $0.23; same-store NOI up 10.4%; guidance tightened
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104894/000010489422000108/0000104894-22-000108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104894/000010489422000108/wre-20221027.htm
  HTML page:      https://secwatch.observer/filing/0000104894-22-000108

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