Elme Communities ELME

Elme Communities sold its final three D.C.-area apartment properties, completing a liquidation that began in August 2025.

The REIT finalized the sale of its last remaining properties in September. Its last day of trading on the New York Stock Exchange is expected to be Nov. 5.

Bethesda-based REIT Elme Communities announced that it will cease operations on Nov. 6.

Sales of all remaining properties have now been completed Board approves declaration of $1.74 per share additional liquidating distribution Delisting from NYSE anticipated to occur in early November 2026 BETHESDA, Md., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME) today provided an update on its ongoing liquidation activities, including the completion of the sales of all of its remaining properties, as well as the declaration of an additional liquidat

After one sale fell through earlier this year, the REIT entered an agreement to sell the 222-unit Riverside Apartments in Alexandria, Virginia, and related undeveloped land for $30 million less.

Elme Communities (NYSE:ELME) shares jumped 9. 1% on Monday after the real estate investment trust revised its estimated liquidation distributions and announced a new agreement to sell its Riverside Apartments property.

The Beitel Group terminated its agreement to acquire the 1,222-unit Riverside Apartments, while the REIT reduced CAPREIT’s sales price of Elme Bethesda by $1 million.

The REIT is slated to offload the 193-unit Elme Bethesda to CAPREIT for $59 million, as it aims to liquidate by mid-year.

The Bethesda, Maryland-based REIT projects distributions between $16.74 and $17.02 per common share, a lower range than its January estimate.

Operating nationwide, Telephone and Data Systems delivers broadband and cloud-based services to a diverse U.S. customer base.

ManpowerGroup delivers workforce and talent solutions to clients in over 75 countries, spanning recruitment, training, and HR outsourcing.

LegalZoom.com (NasdaqGS:LZ) is set to join the S&P SmallCap 600 index, replacing Elme Communities. The index change is scheduled to take effect at the next index rebalancing date announced by S&P Dow Jones Indices. This move may influence trading activity as index-tracking funds adjust their holdings. LegalZoom.com provides online legal and compliance services for individuals and small businesses, a segment that often looks for lower cost, technology based legal solutions. The company sits...

Shares of online legal service provider LegalZoom (NASDAQ:LZ) jumped 5.1% in the afternoon session after S&P Dow Jones Indices announced the company will be added to the S&P SmallCap 600 index.

S&P Dow Jones Indices will make the following changes to the S&P MidCap 400, S&P SmallCap 600:

Elme Communities (ELME) said Friday that as part of its liquidation activities it has signed two agr

BETHESDA, Md., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Elme Communities (NYSE:ELME) announced the income tax treatment of its 2025 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 Pa