Elme Communities to Release First Quarter 2025 Results on Thursday, May 1st BETHESDA, Md., April 07, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release first quarter earnings results after market close on Thursday, May 1, 2025. A conference call to discuss these results will be conducted on Friday, May 2, 2025, at 10:00 am ET. There will also be a webcast presentation with slides. Conference call and webcast access information is as follows: USA Toll Free Number:888-506-0062International Toll Numbe...
Elme Communities Appoints Ron Sturzenegger to Board of Trustees BETHESDA, Md., March 19, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington, DC and the Atlanta metro areas, today announced the appointment of Ron D. Sturzenegger to its Board of Trustees (the “Board”), effective immediately. With Mr. Sturzenegger’s appointment as an independent trustee, the Board is now comprised of eight trustees, seven of whom are independent. Mr. Sturzenegger brings more than three decades of finance and real estate experience t...
Elme Communities Announces Fourth Quarter and Full Year 2024 Results Board of Trustees Initiates Review of Strategic Alternatives to Maximize Shareholder Value BETHESDA, Md., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (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 and year ended December 31, 2024: Fourth Quarter Financial and Operational Highlights Net loss was $3.0 million, or $0.03 per diluted shareCore FFO was $20.7 million...
Elme Communities to Release Fourth Quarter 2024 Results on Thursday, February 13th BETHESDA, Md., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release fourth quarter earnings results after market close on Thursday, February 13, 2025. A conference call to discuss these results will be conducted on Friday, February 14, 2025, at 10:00 am ET. There will also be a webcast presentation with slides. Conference call and webcast access information is as follows: USA Toll Free Number:888-506-0062International Toll Num...
Elme Communities Announces Income Tax Treatment of Its 2024 Dividend Distribution BETHESDA, Md., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Elme Communities (NYSE:ELME) announced the income tax treatment of its 2024 dividend distributions. This information represents final income allocations. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Elme Communities dividend distributions. Beginning in 2018, Ordinary Taxable Income Per Share is equal to the 199A dividend that was created by the 2017 Tax Cuts and Jobs Act. Dividend Paid DateGross ...
Elme Communities Announces Third Quarter 2024 Results BETHESDA, Md., Nov. 04, 2024 (GLOBE NEWSWIRE) -- 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 September 30, 2024: Financial Results Net loss was $3.0 million, or $0.03 per diluted shareNAREIT FFO was $20.5 million, or $0.23 per diluted shareCore FFO was $20.7 million, or $0.23 per diluted shareNet Operating Income (NOI) was $38.8 million Operational Highlights ...
Elme Communities to Release Third Quarter 2024 Results on Monday, November 4th BETHESDA, Md., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release third quarter earnings results after market close on Monday, November 4, 2024. A conference call to discuss these results will be conducted on Tuesday, November 5, 2024, at 10:00 am ET. There will also be a webcast presentation with slides. Conference call and webcast access information is as follows: USA Toll Free Number:888-506-0062International Toll Number:973...
Elme Communities Announces Second Quarter 2024 Results BETHESDA, Md., Aug. 01, 2024 (GLOBE NEWSWIRE) -- 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 June 30, 2024: Financial Results Net loss was $3.5 million, or $0.04 per diluted shareNAREIT FFO was $20.4 million, or $0.23 per diluted shareCore FFO was $20.5 million, or $0.23 per diluted shareNet Operating Income (NOI) was $38.1 million Operational Highlights Same-stor...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Elme Communities and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 25 July 2024 in which we reassessed the appropriateness of the ratings in the context of t...
Elme Communities Announces New $500 Million Credit Facility 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 four-year 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 interest rate is based ...
Elme Communities to Release Second Quarter 2024 Results on Thursday, August 1st 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:888-506-0062International Toll Number...
Elme Communities Announces First Quarter 2024 Results BETHESDA, Md., May 01, 2024 (GLOBE NEWSWIRE) -- 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 Net loss was $3.6 million, or $0.04 per diluted shareNAREIT FFO was $21.3 million, or $0.24 per diluted share, up 20% compared to the prior year period due primarily to additional payments received with respect to easements previously conveyedC...
Elme Communities to Release First Quarter 2024 Results on Wednesday, May 1st BETHESDA, Md., March 26, 2024 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release first quarter earnings results after market close on Wednesday, May 1, 2024. A conference call to discuss these results will be conducted on Thursday, May 2, 2024, at 9:00 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:877-545-0523International Toll Number:973-52...
Elme Communities Announces Fourth Quarter and Full Year 2023 Results BETHESDA, Md., Feb. 15, 2024 (GLOBE NEWSWIRE) -- 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 and year ended December 31, 2023: Full-Year 2023 Financial and Operational Results Net loss was $53.0 million, or $0.61 per diluted shareNAREIT FFO was $77.8 million, or $0.88 per diluted share, up 27.9% compared to the prior yearCore FFO was $85.2 million, or $0....
Elme Communities Announces Income Tax Treatment of its 2023 Dividend Distribution BETHESDA, Md., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Elme Communities (NYSE:ELME) announced the income tax treatment of its 2023 dividend distributions. This information represents final income allocations. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Elme Communities dividend distributions. Beginning in 2018, Ordinary Taxable Income Per Share is equal to the 199A dividend that was created by the 2017 Tax Cuts and Jobs Act. Dividend Paid DateGrossD...
Elme Communities to Release Fourth Quarter 2023 Results on Thursday, February 15th BETHESDA, Md., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release fourth quarter earnings results after market close on Thursday, February 15, 2024. A conference call to discuss these results will be conducted on Friday, February 16, 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:888-506-0062International To...
Elme Communities Announces Third Quarter 2023 Results BETHESDA, Md., Oct. 26, 2023 (GLOBE NEWSWIRE) -- 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 September 30, 2023: Financial Results Net loss was $43.6 million, or $0.50 per diluted share, including a $41.9 million non-cash impairment charge as described belowNAREIT FFO was $20.1 million, or $0.23 per diluted shareCore FFO was $21.4 million, or $0.24 per diluted share, u...
Elme Communities to Release Third Quarter 2023 Results on Thursday, October 26th BETHESDA, Md., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release third quarter earnings results after market close on Thursday, October 26, 2023. A conference call to discuss these results will be conducted on Friday, October 27, 2023, 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:888-506-0062International Toll Nu...
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