secwatch.observer — SEC 8-K summary
======================================

Issuer:     Elme Communities (ELME)
CIK:        0000104894
Form:       8-K
Filed at:   2026-05-28T20:07:48+00:00
Accession:  0000104894-26-000082
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Elme Communities agrees to sell 193-unit Bethesda property for $59.0M
---------------------------------------------------------------------

- Purchase and sale agreement with CAPREIT Acquisition Corporation for Elme Bethesda, a 193-unit community in Bethesda, MD.
- Contract price $59.0M; aggregate earnest money deposit of $1M, with $500K due at signing and $500K after inspection.
- Inspection period expires June 3, 2026; closing no later than July 9, 2026 or 10 business days after Montgomery County certificate.
- Sale is part of ongoing Plan of Sale and Liquidation; subject to customary closing conditions and inspection completion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104894/000010489426000082/0000104894-26-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104894/000010489426000082/elme-20260527.htm
  HTML page:      https://secwatch.observer/filing/0000104894-26-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer