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Stock impact report

Elme Communities Provides Update On Liquidation Activities

Elme Communities (ELME) 
Company Research Source: GlobeNewswire
Company has entered into purchase and sale agreements covering three of the remaining 10 properties expected to close in first quarter 2026Continues to target completing all remaining sales by mid-year 2026Updates range of total estimated liquidating distributions to $17.02 - $17.47 per share (including the initial $14.67 per share distribution paid in January 2026) BETHESDA, Md., Jan. 23, 2026 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) (NYSE: ELME) today provided an update regarding the status of ongoing liquidation activities under the Company’s Plan of Sale and Liquidation, approved by Elme shareholders on October 30, 2025. Marketing and Sale Process As of January 23, 2026, the Company has entered into two purchase and sale agreements, which are no longer subject to ongoing inspection periods, pursuant to which it expects to sell three of its remaining properties – Elme Sandy Spring and Elme Marietta located in Georgia and Elme Watkins Mill located in Maryl Show less Read more
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