{"schema_version":"secwatch.filing_event.v1","accession":"0000104894-23-000080","form_type":"8-K","ticker":"ELME","cik":"0000104894","company_name":"Elme Communities","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.014508+00:00","generated_at":"2026-06-12T21:41:34.032435+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Elme Q2 net loss $0.03/shr, Core FFO $0.24; lowers 2023 Core FFO guidance to $0.96-$1.00","bullets":["Net loss $2.6M ($0.03/diluted); Core FFO $21.4M ($0.24/diluted) up 14% YoY.","Same-store multifamily NOI grew 10.9% YoY; effective blended lease rate growth 3.7% (new 0.4%, renewal 6.4%).","Completed internalization of community-level operations; retained 93% of team. Hired Tiffany Butcher as COO.","2023 Core FFO guidance lowered to $0.96-$1.00 per share from $0.96-$1.02; same-store NOI growth now 8-9% (prev 9-10.5%).","Dividend maintained at $0.18/quarter; paid Oct 4 to shareholders of record Sep 20."],"urls":{"canonical":"https://secwatch.observer/filing/0000104894-23-000080","json":"https://secwatch.observer/filing/0000104894-23-000080.json","markdown":"https://secwatch.observer/filing/0000104894-23-000080.md","text":"https://secwatch.observer/filing/0000104894-23-000080.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/104894/000010489423000080/0000104894-23-000080-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/104894/000010489423000080/elme-20230731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T21:41:34.032435+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":"147f1da4b79626044a15f75bea83cc86b9961b23","claim":"Elme Communities reported quarter ended June 30, 2023 results: net income Net loss was $2.6 million, or $0.03 per diluted share, EPS $0.03 per diluted share. Guidance lowered.","evidence_excerpt":"Elme Communities (the \"Company\") (NYSE: ELME), a multifamily REIT with communities in the Washington DC metro area and the Sunbelt, reported financial and operating results today for the quarter ended June 30, 2023: Financial Results • Net loss was $2.6 million, or $0.03 per diluted share • NAREIT FFO was $18.8 million, or $0.21 per diluted share • Core FFO was $21.4 million, or $0.24 per diluted share, up 14% from the prior year period driven by rental rate growth • Net Operating Income (NOI) was $36.3 million, up 11% from the prior year period driven by rental rate growth","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/104894/000010489423000080/0000104894-23-000080-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2023"},{"label":"Net income","value":"Net loss was $2.6 million, or $0.03 per diluted share"},{"label":"EPS","value":"$0.03 per diluted share"},{"label":"Guidance","value":"lowered"},{"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"}