Elme Communities Targets Mid-2026 Completion of Liquidation with Updated Distribution Estimates

Reuters01-26 15:30

<a href="https://laohu8.com/S/ELME">Elme Communities</a> Targets Mid-2026 Completion of Liquidation with Updated Distribution Estimates

Elme Communities has announced progress in its ongoing liquidation activities, revealing that it has entered into purchase and sale agreements for three of its remaining ten properties, with closings expected in the first quarter of 2026. The company continues to target completion of all remaining property sales by mid-year 2026. Elme has updated its estimated range of total liquidating distributions to shareholders to $17.02 - $17.47 per share, which includes the initial $14.67 per share distribution paid in January 2026. The company plans to return net proceeds from these asset sales to shareholders as appropriate and at the discretion of its Board of Trustees.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elme Communities published the original content used to generate this news brief on January 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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