Earnings summaries and quarterly performance for Elme Communities.
Executive leadership at Elme Communities.
Paul T. McDermott
President and Chief Executive Officer
Steven M. Freishtat
Executive Vice President and Chief Financial Officer
Tiffany M. Butcher
Executive Vice President and Chief Operating Officer
W. Drew Hammond
Senior Vice President, Chief Administrative Officer and Treasurer
Board of directors at Elme Communities.
Research analysts who have asked questions during Elme Communities earnings calls.
Anthony Paolone
JPMorgan Chase & Co.
3 questions for ELME
Ann Chan
Green Street
2 questions for ELME
Cole Bardawill
Wolfe Research, LLC
2 questions for ELME
Cooper Clark
Wells Fargo
2 questions for ELME
James Feldman
Wells Fargo
2 questions for ELME
John Pawlowski
Green Street
2 questions for ELME
Jamie Feldman
Wells Fargo & Company
1 question for ELME
Michael Gorman
BTG Pactual
1 question for ELME
Michael Lewis
Truist Securities, Inc.
1 question for ELME
Recent press releases and 8-K filings for ELME.
- Elme Communities announced an initial special liquidating distribution of $14.67 per share.
- The distribution will be paid on January 7, 2026, to shareholders of record as of the close of business on December 22, 2025.
- This distribution follows the completion of Elme's 19-property portfolio sale on November 12, 2025, and is in accordance with the Company's voluntary Plan of Sale and Liquidation.
- Due to the distribution representing more than 25% of the common share price, Elme's common shares will trade with "due bills" from December 22, 2025, through January 7, 2026, meaning purchasers during this period are entitled to the dividend.
- Elme Communities completed the sale of 19 multifamily communities to an affiliate of Cortland Partners, LLC for $1.6 billion in cash on November 12, 2025.
- This transaction is the first step in the Company's Plan of Sale and Liquidation, which was approved by shareholders and contemplates the sale of all remaining assets and the voluntary wind-down of the Company.
- The Company expects to pay an initial special liquidating distribution of between $14.50 and $14.82 per common share in January 2026.
- Following the sale, Elme entered into a $520 million senior secured term loan with Goldman Sachs Bank USA and repaid all existing corporate indebtedness, including its $50 million aggregate principal amount of 7.25% senior notes due 2028.
- Elme Communities completed the sale of 19 multifamily communities to an affiliate of Cortland Partners, LLC for $1.6 billion in cash on November 12, 2025.
- This transaction represents the first step in the Company's Plan of Sale and Liquidation, which was approved by shareholders on October 30, 2025, and aims for the sale of all company assets and its voluntary dissolution.
- Following the sale, Elme and its subsidiaries entered into a $520 million senior secured term loan with Goldman Sachs Bank USA, maturing on November 9, 2026.
- Elme intends to return net proceeds to shareholders through an initial special liquidating distribution, expected to be between $14.50 and $14.82 per common share, declared later this year and paid in January 2026.
- The Company aims to complete all remaining asset sales by June 2026 to accelerate the return of capital to shareholders.
Quarterly earnings call transcripts for Elme Communities.
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