Real estate investment trust focused on multifamily residential properties, particularly workforce housing.
Elme Communities is a prominent real estate company specializing in the ownership and operation of uniquely positioned assets within the Washington Metro area. Leveraging decades of experience, expertise, and ambition, Elme Communities excels in creating value by converting insights into actionable strategies. The company’s approach ensures both short-term and long-term success in one of the nation's most competitive real estate markets.
As of October 29, 2020, Elme Communities boasts a diverse portfolio comprising 45 properties, which include approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. This portfolio consists of 22 multifamily properties, 15 office properties, and 8 retail centers, reflecting a balanced mix that caters to a wide range of tenants and uses. This diversification underscores Elme’s ability to effectively manage and optimize various asset types to meet market demands.
Elme Communities trades on the NYSE, offering investors an opportunity to participate in a company with a proven track record of driving returns and delivering high levels of tenant satisfaction. The company's strategic focus on the Washington Metro area allows it to leverage local market dynamics and capitalize on growth opportunities unique to this region. This localized expertise positions Elme as a trusted authority in the real estate sector.
With a solid foundation built on experience and a forward-looking approach, Elme Communities continues to excel in managing and expanding its portfolio. The company’s commitment to transforming strategic insights into tangible actions ensures sustained growth and value creation for its stakeholders. For investors seeking reliable returns and operational excellence in real estate, Elme Communities stands out as a compelling choice.