Elme Communities updates liquidation progress, 3 properties sold, aiming to close remaining 10 by Q1 2026, projected total distribution of $17.02 - $17.47 per share.
A company has finalized agreements for the purchase and sale of three out of the ten remaining properties, scheduled to be completed by the first quarter of 2026. The company aims to conclude all outstanding sales by mid-year 2026. The estimated total liquidating distributions have been revised to a range of $17.02 to $17.47 per share, inclusive of the initial $14.67 per share distributed in January 2026.
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