Elme Communities Reports Q3 2025 Earnings and Strategic Sale
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Elme Communities, a multifamily REIT, reported a Q3 2025 net loss of $1.40 per diluted share, up from a $0.03 loss last year. Same-store multifamily NOI decreased by 1.8%, while average effective monthly rent rose by 1.1%. The company announced a strategic sale of 19 communities for about $1.6 billion. Elme maintains a stable balance sheet with $321 million in liquidity and manageable debt, focusing on operational initiatives and shareholder value amid its strategic transactions.
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