Elme Communities completes two $55M DC property sales, sets NYSE delisting and November dissolution

Elme Communities

On Sept. 28, 2026, Elme completed sales of 3801 Connecticut Avenue (307 units) and The Kenmore (371 units) in Washington, DC, each for $55.0M to FPA Multifamily, LLC.
Elme notified NYSE on Sept. 29, 2026 of voluntary delisting; expects Form 25 filing Oct. 26, last trading Nov. 5, and voluntary dissolution effective Nov. 6, 2026.
Under the Plan of Sale and Liquidation, remaining assets/liabilities transfer to a Maryland liquidating trust; common shares cancel and beneficial interests will not trade on NYSE.
Deferred Compensation Plan for Officers and SERP #2 will terminate, and unpaid amounts will be paid by dissolution, per the filing.

item 2.01 item 3.01 item 8.01 item 5.02 item 7.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.