---
schema_version: "secwatch.filing_event.v1"
accession: "0000104894-24-000075"
form_type: "8-K"
ticker: "ELME"
cik: "0000104894"
company_name: "Elme Communities"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:36:59.067291+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Elme Q2 2024 NAREIT FFO $0.23/share; tightens Core FFO guidance to $0.91-$0.95

## Summary
- Net loss $3.5M ($0.04 diluted); NAREIT FFO $20.4M ($0.23); Core FFO $20.5M ($0.23).
- Same-store multifamily NOI +1.3% YoY; blended lease rate growth 3.2% (renewal 5.4%); average occupancy 94.6%.
- Core FFO guidance tightened to $0.91-$0.95 from $0.90-$0.96; same-store NOI growth raised to 0.75%-1.75%.
- Amended credit facility: $500M revolver (expandable to $1B), maturity extended to July 2028.
- Quarterly dividend $0.18 declared, payable Oct 3 to holders of record Sep 19.

## SEC filing metadata
- accession: 0000104894-24-000075
- form_type: 8-K
- ticker: ELME
- cik: 0000104894
- company_name: Elme Communities
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/104894/000010489424000075/0000104894-24-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104894/000010489424000075/elme-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000104894-24-000075
- JSON: https://secwatch.observer/filing/0000104894-24-000075.json
- Plain text: https://secwatch.observer/filing/0000104894-24-000075.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
