Elme Communities (ELME)
Real Estate · NYSE
A Washington DC and Sunbelt apartment REIT in active liquidation following approval of a $1.6 billion portfolio sale.
What Elme Communities does
Elme Communities is a Maryland-based real estate investment trust (REIT) that previously owned apartment communities in the greater Washington, DC metro and Sunbelt regions. As of December 31, 2025, the company owned nine apartment communities and one office property. On October 30, 2025, shareholders approved a Plan of Sale and Liquidation, and on November 12, 2025, the company completed a $1.6 billion portfolio sale of 19 multifamily properties. The company is now in active liquidation, selling its remaining ten properties and winding down operations with the goal of completing all sales by mid-2026.
Themes: ["Real estate liquidation","Multifamily residential real estate","REIT / Real estate investment"]
Fundamentals
- Price$1.52 as of 2026-07-10 close
- Market cap$135M as of 2026-07-13
- 1-year return-90.7% as of 2026-07-10 close
- Net margin-54.6% as of 2026-07-13
- Gross margin+59.3% as of 2026-07-13
- ROE-13.2% as of 2026-07-13
- Debt / equity1.66 as of 2026-07-13
- Revenue growth (YoY)+3.1% as of 2026-07-13
- Revenue CAGR (3y)+12.7% SEC XBRL
- Beta0.80 as of 2026-07-13
Dividend: yield +5.5%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
[]
Fundamentals: Finnhub, as of 2026-07-13. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-10.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.