BRIEF-Elme Communities Provides Update On Liquidation Activities

Reuters01-24 06:40

BRIEF-<a href="https://laohu8.com/S/ELME">Elme Communities</a> Provides Update On Liquidation Activities

Jan 23 (Reuters) - Elme Communities ELME.N:

ELME COMMUNITIES PROVIDES UPDATE ON LIQUIDATION ACTIVITIES
ELME COMMUNITIES - ENTERS AGREEMENTS TO SELL THREE PROPERTIES, CLOSING Q1 2026
ELME COMMUNITIES - EXPECTS TO SELL THREE PROPERTIES FOR $155 MILLION
ELME COMMUNITIES - STEVEN FREISHTAT, CFO, EXPECTED TO STEP DOWN
ELME COMMUNITIES - W. DREW HAMMOND TO BECOME CFO AFTER STEVEN FREISHTAT'S DEPARTURE
ELME COMMUNITIES - INTENDS FOR ITS COMMON SHARES TO CONTINUE TO BE LISTED ON NYSE
ELME COMMUNITIES - DOES NOT CURRENTLY EXPECT TO VOLUNTARILY DELIST PRIOR TO COMPLETING SALE OF AT LEAST A SUBSTANTIAL PORTION OF REMAINING PROPERTIES
ELME COMMUNITIES - MARKETING AND SALE PROCESS WITH RESPECT TO CO'S REMAINING SEVEN PROPERTIES REMAINS ONGOING
ELME COMMUNITIES - CONTINUES TO TARGET COMPLETION OF SALE OF ALL 10 REMAINING PROPERTIES BY MID-YEAR 2026

Source text: ID:nGNX4gFKwT

Further company coverage: ELME.N

((Reuters.Briefs@thomsonreuters.com;))

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