Elme Communities
For the period ended Aug 11, 2026. Filed Aug 14, 2026.
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Aug 11, 2026 · Filed Aug 14, 2026
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ELME$1.77+0.6%Stored close · as of Oct 22, 2026
Contents
(IN THOUSANDS, EXCEPT PER SHARE DATA)
| Elme Communities · Disposition of Cortland Portfolio · Existing Debt Prepayment · New Debt Origination · Bethesda Disposition | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Pro Forma | ||||||||||
| Revenue | ||||||||||
| Real estate rental revenue | $206,360 | $(126,584) | (1) | $— | $— | $(4,757) | (2) | $75,019 | ||
| Expenses | ||||||||||
| Property operating and maintenance | 49,962 | (28,868) | (1) | — | — | (1,043) | (2) | 20,051 | ||
| Real estate taxes and insurance | 26,640 | (16,904) | (1) | — | — | (615) | (2) | 9,121 | ||
| Property management | 7,494 | (4,787) | (1) | — | — | (181) | (2) | 2,526 | ||
| General and administrative expenses | 54,591 | — | (1) | — | — | — | (2) | 54,591 | ||
| Depreciation and amortization | 78,162 | (49,256) | (1) | — | — | (936) | (2) | 27,970 | ||
| Real estate impairment | 111,719 | — | — | — | — | 111,719 | ||||
| 328,568 | (99,815) | — | — | (2,775) | 225,978 | |||||
| Real estate operating loss | (122,208) | (26,769) | — | — | (1,982) | (150,959) | ||||
| Other income (expense) | ||||||||||
| Interest expense | (31,954) | — | 31,954 | (3) | (35,613) | (4) | — | (35,613) | ||
| Loss on extinguishment of debt, net | — | — | (45,511) | (5) | — | — | (45,511) | |||
| (31,954) | — | (13,557) | (35,613) | — | (81,124) | |||||
| Net loss | $(154,162) | $(26,769) | $(13,557) | $(35,613) | $(1,982) | $(232,083) | ||||
| Basic net loss per common share: | $(1.75) | $(1.78) | ||||||||
| Diluted net loss per common share: | $(1.75) | $(1.78) | ||||||||
| Weighted average shares outstanding – basic | 88,092 | 88,092 | ||||||||
| Weighted average shares outstanding – diluted | 88,092 | 88,092 | ||||||||
See accompanying notes to the pro forma condensed consolidated statement of operations.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.