Company has sold five of its properties in 2026 and entered into purchase and sale agreements covering four of its remaining five properties
Continues to target completing all remaining sales by mid-year 2026 with delisting and dissolution targeted for third quarter 2026
Updates range of total estimated liquidating distributions to $16.74 – $17.02 per share (including the initial $14.67 per share distribution paid in January 2026)
BETHESDA, Md., May 11, 2026 (GLOBE NEWSWIRE) — Elme Communities (“Elme” or the “Company”) (NYSE: ELME) today provided an update regarding the status of ongoing liquidation activities under the Company’s Plan of Sale and Liquidation, approved by Elme shareholders on October 30, 2025.