BETHESDA, Md., July 11, 2024 (GLOBE NEWSWIRE) -- Elme Communities (NYSE: ELME), a multifamily owner and operator, announced today that it has entered into a new $500 million credit facility to replace the prior revolving credit facility which had been due to mature in August 2025. The new credit facility has a fouryear term ending on July 10, 2028, and includes two 6-month maturity extension options and an accordion feature which provides an additional $500 million of capacity on the facility. The initial i ...

Elme Communities is committed to elevating what home can be for value-oriented renters by providing a higher level of quality, service, and experience. The company is a multifamily real estate investment trust that owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Sunbelt, and owns approximately 300,000 square feet of commercial space. Focused on providing quality, affordable homes to a deep, solid, and underserved base of mid-market demand, Elme Communities is buildi ...

BETHESDA, Md., June 24, 2024 (GLOBE NEWSWIRE) -- Elme Communities ("Elme") (NYSE:ELME), a value-oriented multifamily owner and operator, will release second quarter earnings results after market close on Thursday, August 1, 2024. A conference call to discuss these results will be conducted on Friday, August 2, 2024, at 10:00 am ET. There will also be a live, listen-only webcast presentation. Conference call and webcast access information is as follows: USA Toll Free Number: 888-506-0062 International Toll N ...

USA Toll Free Number: 888-506-0062 International Toll Number: 973-528-0011 Entry Code 222443 Webcast: ir.elmecommunities.com About Elme Communities Contact: Investor Relations Amy Hopkins 202-774-3253 ahopkins@elmecommunities.com BETHESDA, Md., June 24, 2024 (GLOBE NEWSWIRE) -- Elme Communities ("Elme") (NYSE:ELME), a value-oriented multifamily owner and operator, will release second quarter earnings results after market close on Thursday, August 1, 2024. A conference call to discuss these results will be c ...

Aelme Elme Communities 1 Trove, Arlington, VA Table of Contents Q1 2024 Update 08 Current Market Dynamics 24 Multifamily Strategies and Target Market 34 Appendix 45 Elme Communities 4 About Us Value Creation Strategy Apartment Portfolio Overview Value-oriented apartment communities with strong long-term growth prospects ~3,300 Renovation Pipeline (homes) Washington Metro Atlanta Metro 89% of our homes are affordable to households earning the Area Median Income (AMI) Elme Communities 7 7 Market Performance H ...

Elme Communities (NYSE:ELME) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Amy Hopkins - Vice President, Investor Relations Paul McDermott - President and Chief Executive Officer Tiffany Butcher - Chief Operating Officer Steven Freishtat - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Jamie Feldman - Wells Fargo Operator Greetings and welcome to Elme Communities First Quarter 2024 Earnings Conference Call. At this time, all participants are in ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________ FORM 10-Q ___________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. COMMISSION FILE NO. 1-6622 ELME COMMUNITIES (Exact name of registrant as specified in its charter) Maryland 53-0261100 (State of incorporation) ...

Amy Hopkins Bethesda, MD 20814 Vice President, Investor Relations Tel 202-774-3253 E-Mail: ahopkins@elmecommunities.com Fax 301-984-9610 CONTACT: 7550 Wisconsin Ave, Suite 900 www.elmecommunities.com May 1, 2024 Elme Communities Announces First Quarter 2024 Results Elme Communities (the "Company") (NYSE: ELME), a multifamily REIT with communities in the Washington, DC metro area and the Atlanta metro area, reported financial and operating results today for the quarter ended March 31, 2024: Financial Results ...

Elme Communities (NYSE:ELME) Q4 2023 Earnings Conference Call February 16, 2024 10:00 AM ET Company Participants Amy Hopkins - VP of IR Paul McDermott - CEO Tiffany Butcher - COO Steven Freishtat - CFO Grant Montgomery - VP, Research Conference Call Participants Anthony Paolone - JPMorgan Jamie Feldman - Wells Fargo John Pawlowski - Green Street Michael Lewis - Truist Securities Operator Good day and welcome to the Elme Communities Fourth Quarter 2024 (sic) [2023] Earnings Conference call. As a reminder, to ...

Elme (ELME) came out with quarterly funds from operations (FFO) of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to FFO of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -4%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.24 per share when it actually produced FFO of $0.24, delivering no surprise.Over the last four quarters, the company has ...