---
schema_version: "secwatch.filing_event.v1"
accession: "0000104894-26-000112"
form_type: "8-K"
ticker: "ELME"
cik: "0000104894"
company_name: "Elme Communities"
filed_at: "2026-09-18T20:22:54+00:00"
generated_at: "2026-09-18T20:25:08.561786+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Elme completes $250M sale of Riverside Apartments, repays $198.6M Term Loan

## Summary
- Sold 1,222-unit Riverside Apartments in Alexandria, VA to FPA Multifamily, LLC for $250.0M on Sept 14, 2026.
- Used proceeds to repay in full remaining ~$198.6M senior secured Term Loan from Goldman Sachs Bank USA, terminating loan agreement.
- Pro forma shows $44.1M net cash proceeds from Riverside; Bethesda sale previously repaid $52.4M of same loan.
- Remaining properties 3801 Connecticut Avenue and The Kenmore expected to close late Sept/early Oct 2026 at $55M each.
- Company in liquidation; net assets in liquidation at June 30, 2026 pro forma $167.7M after all four dispositions.

## SEC filing metadata
- accession: 0000104894-26-000112
- form_type: 8-K
- ticker: ELME
- cik: 0000104894
- company_name: Elme Communities
- filed_at: 2026-09-18T20:22:54+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.02, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/104894/000010489426000112/0000104894-26-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104894/000010489426000112/elme-20260914.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000104894-26-000112
- JSON: https://secwatch.observer/filing/0000104894-26-000112.json
- Plain text: https://secwatch.observer/filing/0000104894-26-000112.txt

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