Elme to Seek Shareholder Approval for Cortland Portfolio Transaction and Plan of Sale and Liquidation
Intends to Make Total Upfront Distributions to Shareholders of Approximately $14.68 to $15.00 per Share assuming the Consummation of the Cortland Portfolio Transaction
Company’s Current Estimate of Additional Liquidating Distributions to Shareholders is Approximately $2.90 to $3.50 per Share in the Aggregate
BETHESDA, Md., Aug. 04, 2025 (GLOBE NEWSWIRE) — Elme Communities (“Elme” or the “Company”) (NYSE: ELME), a value-oriented multifamily owner and operator, today announced that its Board of Trustees has completed its previously announced formal evaluation of strategic alternatives to maximize…