Form 8-K Filing by Elme Communities

Elme Communities has filed a Form 8-K detailing significant financial events. On September 14, 2026, the company fully repaid a $198.6 million senior secured term loan using proceeds from the sale of Riverside Apartments. This repayment terminated the loan agreement and released all associated liens. The sale of Riverside Apartments, a 1,222-unit community, was completed on the same day for $250.0 million. The filing also includes pro forma financial statements reflecting these and other recent property dispositions, including Elme Bethesda and anticipated sales of 3801 Connecticut Avenue and The Kenmore. These adjustments are presented on a liquidation basis and provide a view of the company's financial position post-transactions, indicating a strategic shift and asset divestment.