Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Elme Communities incurred term loan of $520.0 million with Goldman Sach Bank USA at one-month term SOFR (subject to a term SOFR floor of 3.00%) plus the spread. The maturing November 9, 2026.
- Instrument
- term loan
- Principal
- $520.0 million
- Counterparty
- Goldman Sach Bank USA
- Rate
- one-month term SOFR (subject to a term SOFR floor of 3.00%) plus the spread. The
- Maturity
- November 9, 2026
- Event
- incurrence
Exact text from the filing
On November 12, 2025, certain indirect subsidiaries of the Company, as borrowers (collectively, the “Borrowers”), and Goldman Sach Bank USA, as lender (the “Lender”), entered into that certain Loan Agreement (the “Loan Agreement”) pursuant to which the Lender has made a senior secured term loan of $520.0 million (the “Term Loan”) to the Borrowers.
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.99
Elme Communities completed a disposition involving CEVF VI Capitol Holdings, LLC and CEVF VI Co-Invest I Venture, LLC for $1.606 billion in cash (closed 2025-11-12).
- Action
- disposition
- Counterparty
- CEVF VI Capitol Holdings, LLC and CEVF VI Co-Invest I Venture, LLC
- Consideration
- $1.606 billion in cash
- Closing
- 2025-11-12
Exact text from the filing
Parties are affiliates of Cortland Partners, LLC. Pursuant to the Purchase Agreement, Buyer acquired all of the equity interests of Echo Sub, for an aggregate purchase price of $1.606 billion in cash, subject to customary adjustments (the “Portfolio Sale Transaction”). hase Agreement, Buyer acquired all of the equity interests of Echo Sub, for an aggregate purchase
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