Company has entered into purchase and sale agreements covering three of the remaining 10 properties expected to close in first quarter 2026
Continues to target completing all remaining sales by mid-year 2026
Updates range of total estimated liquidating distributions to $17.02 – $17.47 per share (including the initial $14.67 per share distribution paid in January 2026)
BETHESDA, Md., Jan. 23, 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.
Marketing and Sale Process
As of January 23, 2026, the Company has entered…