{"schema_version":"secwatch.filing_event.v1","accession":"0000104894-23-000046","form_type":"8-K","ticker":"ELME","cik":"0000104894","company_name":"Elme Communities","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.766165+00:00","generated_at":"2026-06-16T07:52:23.847577+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Elme Q1 Core FFO $0.24, up 20% YoY; tightens FY guidance to $0.96-$1.02","bullets":["Core FFO of $0.24/diluted share, up 20% YoY; GAAP net loss $3.6M ($0.04/diluted).","Same-store multifamily NOI up 10.7% YoY; effective blended lease rate growth of 4.5%.","2023 Core FFO guidance tightened to $0.96-$1.02/diluted share, ~13% growth at midpoint.","Quarterly dividend declared $0.18/share, payable July 6, 2023 to shareholders of record June 22.","Transformation: 70% of portfolio transitioned; expects incremental FFO of $4.25-$4.75M from 2023-2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000104894-23-000046","json":"https://secwatch.observer/filing/0000104894-23-000046.json","markdown":"https://secwatch.observer/filing/0000104894-23-000046.md","text":"https://secwatch.observer/filing/0000104894-23-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/104894/000010489423000046/0000104894-23-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/104894/000010489423000046/wre-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T07:52:23.847577+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6c68e41eb1faa5602e079b9ef52fa0dc88bdb003","claim":"Elme Communities reported the quarter ended March 31, 2023 results: net income Net loss was $3.6 million, or $0.04 per diluted share. Guidance reaffirmed.","evidence_excerpt":"Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with properties in the Washington DC metro area and the Sunbelt, reported financial and operating results today for the quarter ended March 31, 2023: Financial Results • Net loss was $3.6 million, or $0.04 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/104894/000010489423000046/0000104894-23-000046-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"Net loss was $3.6 million, or $0.04 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}