Elme Communities
Company Profile
Business description
Elme Communities is a real estate investment trust engaged in owning and operating properties in the greater Washington DC metropolitan area. The company's real estate portfolio is comprised of office, retail, and multifamily properties located near transportation nodes. It derives nearly all of its income in the form of rental revenue from tenants organized into long-term leases. The company's office assets contribute the majority of this income, while the rest is split fairly evenly between its retail and multifamily locations. Elme Communities' tenants are banking, consulting, law, and financial services firms. The company operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities.
Contact
7550 Wisconsin Avenue
Suite 900
BethesdaMD20814
USAT: +1 202 774-3200
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Residential
Fiscal Year End
31 December 2026
Employees
243
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