The Daily Buyout
$103MDivestiture / carve-outReal EstateCompleted

Elme Communities completes property sell-off, declares $1.74 liquidating payout

Elme Communities closed the sale of its final two properties, The Kenmore and 3801 Connecticut Avenue, for about $103.2 million net, finishing its portfolio wind-down and declaring a $1.74 per share liquidating distribution ahead of NYSE delisting.

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