---
schema_version: "secwatch.filing_event.v1"
accession: "0000104894-25-000105"
form_type: "8-K"
ticker: "ELME"
cik: "0000104894"
company_name: "Elme Communities"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:25:16.984262+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Elme reports Q3 net loss of $1.40/share; proceeds with $1.6B portfolio sale and liquidation plan

## Summary
- Net loss per diluted share $(1.40) vs $(0.03) in prior year; Core FFO $0.22 vs $0.23.
- Same-store multifamily NOI down 1.8%; average occupancy 94.4% vs 95.2% prior year.
- Recognized $111.7M impairment on properties not in portfolio sale due to revised holding periods.
- Pending sale of 19 multifamily communities for ~$1.6B to Cortland; shareholder vote Oct 30.
- No future regular dividends if liquidation plan approved; last dividend of $0.18 paid Oct 3.

## SEC filing metadata
- accession: 0000104894-25-000105
- form_type: 8-K
- ticker: ELME
- cik: 0000104894
- company_name: Elme Communities
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/104894/000010489425000105/0000104894-25-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104894/000010489425000105/elme-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000104894-25-000105
- JSON: https://secwatch.observer/filing/0000104894-25-000105.json
- Plain text: https://secwatch.observer/filing/0000104894-25-000105.txt

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