---
schema_version: "secwatch.filing_event.v1"
accession: "0000104894-26-000018"
form_type: "8-K"
ticker: "ELME"
cik: "0000104894"
company_name: "Elme Communities"
filed_at: "2026-05-11T23:59:59+00:00"
generated_at: "2026-05-14T18:26:11.459767+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Elme updates liquidation: sold 5 properties, narrows distribution range to $16.74-$17.02/share

## Summary
- Sold five properties in 2026 for ~$252.7M; entered into PSAs for four remaining totaling ~$431.3M gross proceeds.
- Updates total liquidating distribution estimate to $16.74-$17.02/share (incl. initial $14.67 paid Jan 2026), down from prior $17.02-$17.47.
- Remaining $288.5M Term Loan to be repaid with net proceeds from future property sales.
- Targets completion of all remaining sales by mid-2026; NYSE delisting and dissolution targeted for Q3 2026.
- Riverside Apartments PSA subject to inspection; closings for DC properties subject to TOPA regulatory requirements.

## SEC filing metadata
- accession: 0000104894-26-000018
- form_type: 8-K
- ticker: ELME
- cik: 0000104894
- company_name: Elme Communities
- filed_at: 2026-05-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/104894/000010489426000018/0000104894-26-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104894/000010489426000018/elme-20260511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000104894-26-000018
- JSON: https://secwatch.observer/filing/0000104894-26-000018.json
- Plain text: https://secwatch.observer/filing/0000104894-26-000018.txt

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