Elme Communities sells Elme Bethesda for $58M, repays $52.4M Term Loan

Elme Communities

Sold Elme Bethesda, 193-unit community in Bethesda, MD, for $58.0M to Tilden Bethesda Hill Apartments, LLC.
Net proceeds $55.2M after adjustments; $52.4M used to repay Secured Term Loan, leaving $2.76M cash.
Pro forma net assets in liquidation unchanged at $167.7M as of June 30, 2026.
Seventh property sold since Nov 2025; prior six sold for ~$294M aggregate gross proceeds.
Company in liquidation mode; all remaining properties expected to be sold under Plan of Sale.

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