Elme Communities reported a net loss per diluted share of $(0.04) and Core FFO per diluted share of $0.24 for Q2 2025. The company announced a strategic review update, including a purchase agreement for the sale of 19 multifamily communities for approximately $1.6 billion and a voluntary plan of sale and liquidation for its remaining assets. Operational highlights included increases in same-store multifamily NOI and average effective monthly rent per home, along with stable retention.

Elme Communities reported a net loss of $4.7 million for Q1 2025. Despite this, the company saw strong operational performance with a 5.5% increase in same-store multifamily NOI and a 0.5% increase in same-store multifamily average occupancy. The company also maintained a strong balance sheet with $324 million in available liquidity.

Elme Communities reported a net loss of $3.0 million and Core FFO of $20.7 million for Q4 2024. The company saw an increase in same-store multifamily NOI by 1.7% and average effective monthly rent per home by 1.9%. The Board of Trustees has initiated a formal evaluation of strategic alternatives to maximize shareholder value.

Elme Communities reported financial and operating results for the quarter ended September 30, 2024. The company experienced solid demand in its Washington Metro portfolio, with a sequential improvement in same-store occupancy. However, progress on reducing bad debt in the Atlanta portfolio was slower than anticipated.

Elme Communities reported a net loss of $3.5 million, or $0.04 per diluted share, NAREIT FFO of $20.4 million, or $0.23 per diluted share, and Core FFO of $20.5 million, or $0.23 per diluted share. Same-store multifamily NOI increased by 1.3% compared to the prior year period.

Elme Communities reported a net loss of $3.6 million for Q1 2024. However, NAREIT FFO increased by 20% year-over-year due to additional easement payments. Same-store multifamily NOI increased slightly, and effective blended lease rate growth was positive.

Elme Communities reported a net loss of $3.1 million, or $0.04 per diluted share, for the fourth quarter of 2023. NAREIT FFO was $21.0 million, or $0.24 per diluted share, up 14.3% compared to the prior year period. Core FFO was $20.9 million, or $0.24 per diluted share, unchanged compared to the prior year period. Same-store multifamily NOI increased by 4.5% compared to the prior year period.

Elme Communities reported a net loss of $43.6 million for Q3 2023, which included a $41.9 million non-cash impairment charge. Core FFO was $21.4 million, up over 4% year-over-year, and NOI was $36.9 million, up over 5% year-over-year. The company completed the acquisition of Elme Druid Hills in Atlanta, GA for $108.0 million.

Elme Communities reported a net loss of $2.6 million, or $0.03 per diluted share, for the second quarter of 2023. Core FFO was $21.4 million, up 14% from the prior year period, and NOI increased by 11% to $36.3 million.

Elme Communities reported a net loss of $3.6 million, but Core FFO was $21.5 million, up 20% from the prior year period. Same-store multifamily NOI increased by 10.7% compared to the prior year period. The company is tightening its 2023 Core FFO guidance to $0.96 to $1.02 per fully diluted share.

Elme Communities reported a net loss of $3.5 million for Q4 2022. However, the company saw growth in same-store multifamily NOI, and effective blended lease rate.

Elme Communities reported a net loss of $10.7 million, or $0.12 per diluted share, NAREIT FFO was $12.9 million, or $0.15 per diluted share and Core FFO was $20.5 million, or $0.23 per diluted share. Same-store multifamily NOI increased by 10.4% compared to the prior year period.

WashREIT reported a net loss of $8.9 million, or $0.10 per diluted share, NAREIT FFO was $15.2 million, or $0.17 per diluted share and Core FFO was $18.2 million, or $0.21 per diluted share. Same-store multifamily NOI increased by 5.1% compared to the prior year period. Available liquidity was approximately $745 million as of June 30, 2022.

WashREIT reported a net loss of $7.7 million, or $0.09 per diluted share, NAREIT FFO was $14.5 million, or $0.17 per diluted share, and Core FFO was $0.20 per diluted share. Same-store multifamily NOI increased by 7.9% compared to the prior year period.

WashREIT reported a net loss of $6.8 million, or $0.08 per diluted share, for the fourth quarter of 2021. NAREIT FFO was $13.3 million, or $0.16 per diluted share, and Core FFO was $0.17 per diluted share. Same-store Multifamily NOI increased by 4.2% year-over-year and 8.0% on a cash basis.

WashREIT reported financial and operating results for the quarter ended September 30, 2021, completing the sale of the office and retail portfolios and the acquisition of The Oxford.

WashREIT reported a net loss of $7.0 million, or $0.08 per diluted share, for the quarter ended June 30, 2021. The company completed the sale of its office portfolio and entered into an agreement to sell its remaining retail assets as part of its strategic transformation.

WashREIT reported a net loss of $1.1 million, or $0.02 per diluted share, for the quarter ended March 31, 2021. NAREIT FFO was $28.5 million, or $0.34 per diluted share, and Core FFO was also $0.34 per diluted share. Same-store NOI declined 6.5% and cash NOI declined 6.0% compared to the first quarter of 2020.

WashREIT reported a net loss of $11.0 million for Q4 2020, with NAREIT FFO at $26.7 million and Core FFO at $0.33 per share. The company's overall portfolio NOI from continuing operations was $42.5 million, impacted by transaction activity and COVID-19. Cash collections remained strong, and multifamily occupancy, excluding Trove, increased in January.

WashREIT reported a net loss of $1.0 million, NAREIT FFO of $29.5 million, and Core FFO of $0.36 per diluted share for the third quarter of 2020. Same-store NOI declined by 4.9%, and multifamily occupancy increased slightly compared to the previous quarter.

WashREIT reported a net loss of $5.4 million, or $0.07 per diluted share, primarily due to a loss recognized on the sale of an office asset. However, the company delivered solid second quarter performance driven by strong cash collections despite the challenges presented by the ongoing economic disruption due to COVID-19.

WashREIT reported a net income of $1.7 million, NAREIT FFO of $31.4 million, and Core FFO of $0.37 per diluted share for the quarter ended March 31, 2020. The company's overall portfolio NOI from continuing operations was $48.2 million, an increase compared to the prior year period.

WashREIT reported a net income attributable to controlling interests of $54.2 million, or $0.66 per diluted share, for the fourth quarter of 2019. The company's overall portfolio NOI was $50.1 million, compared to $46.1 million in the same period one year ago.