Elme Communities (NYSE: ELME) declared an initial special liquidating distribution of $14.67 per share, payable on January 7, 2026 to shareholders of record at the close of business on December 22, 2025. The distribution follows the closing of Elme’s 19-property portfolio sale on November 12, 2025 and reflects net proceeds, a new term loan entered into on November 12, 2025, repayment of other indebtedness, transaction costs, and establishment of escrows and reserves in connection with the term loan.
Because the payout exceeds 25% of the share price, NYSE will require trading with due bills during the Dividend Right Period (Dec 22, 2025–Jan 7, 2026); buyers…