---
schema_version: "secwatch.filing_event.v1"
accession: "0000104894-26-000086"
form_type: "8-K"
ticker: "ELME"
cik: "0000104894"
company_name: "Elme Communities"
filed_at: "2026-06-24T20:07:09+00:00"
generated_at: "2026-06-24T20:08:44.071259+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Elme's $280M Riverside Apartments sale terminated; liquidating distribution estimates withdrawn

## Summary
- Buyer of Riverside Apartments (1,222 units, Alexandria, VA) terminated PSA on June 17, 2026; earnest money refunded.
- Company withdrawing previously disclosed estimated ranges of liquidating distributions due to uncertainty on Riverside sale timing and proceeds.
- Three other properties (Elme Bethesda, The Kenmore, 3801 Connecticut Ave) under contract for $168M aggregate; sales subject to closing conditions.
- Elme Watkins Mill sold June 10; net proceeds used to repay Term Loan; remaining Term Loan balance $251M as of June 24.
- NYSE delisting and dissolution originally expected Q3 2026; now uncertain, may slip to Q4 2026.

## SEC filing metadata
- accession: 0000104894-26-000086
- form_type: 8-K
- ticker: ELME
- cik: 0000104894
- company_name: Elme Communities
- filed_at: 2026-06-24T20:07:09+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/104894/000010489426000086/0000104894-26-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104894/000010489426000086/elme-20260617.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000104894-26-000086
- JSON: https://secwatch.observer/filing/0000104894-26-000086.json
- Plain text: https://secwatch.observer/filing/0000104894-26-000086.txt

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