Elme Communities Files 8-K/A Amendment
Ticker: ELME · Form: 8-K/A · Filed: Nov 18, 2025 · CIK: 104894
Sentiment: neutral
Topics: amendment, financial-statements, exhibits
TL;DR
Elme Communities (formerly WRE) filed an amendment to its 8-K, updating financial docs. Nothing major, just housekeeping.
AI Summary
Elme Communities filed an 8-K/A on November 18, 2025, to amend a previous filing related to financial statements and exhibits. The amendment pertains to events reported as of November 12, 2025. The company, formerly known as Washington Real Estate Investment Trust, is a Maryland-incorporated REIT based in Bethesda, MD.
Why It Matters
This filing is an amendment to a previous report, indicating a correction or addition to previously disclosed information regarding financial statements and exhibits for Elme Communities.
Risk Assessment
Risk Level: low — This is an amendment to a previous filing, typically for corrections or additions, and does not appear to introduce new material risks.
Key Numbers
- 001-06622 — SEC File Number (Elme Communities' SEC registration number)
- 53-0261100 — IRS Employer Identification Number (Elme Communities' EIN)
Key Players & Entities
- Elme Communities (company) — Registrant
- Washington Real Estate Investment Trust (company) — Former company name
- Maryland (location) — State of incorporation
- Bethesda, MD (location) — Principal executive office location
- November 12, 2025 (date) — Earliest event reported date
- November 18, 2025 (date) — Filing date
FAQ
What specific information is being amended in this 8-K/A filing?
The filing is an amendment to a previous report concerning financial statements and exhibits, with the earliest event reported on November 12, 2025.
What is the exact date of the filing?
The filing was made on November 18, 2025.
What was Elme Communities' former name?
Elme Communities was formerly known as Washington Real Estate Investment Trust.
In which state is Elme Communities incorporated?
Elme Communities is incorporated in Maryland.
Where are Elme Communities' principal executive offices located?
Elme Communities' principal executive offices are located at 7550 Wisconsin Ave, Suite 900, Bethesda, MD 20814.
Filing Stats: 3,839 words · 15 min read · ~13 pages · Grade level 16.3 · Accepted 2025-11-18 16:25:33
Key Financial Figures
- $1.606 billion — Sub, for an aggregate purchase price of $1.606 billion in cash, subject to customary adjustmen
- $1.606 b — for an aggregate contract sale price of $1.606 billion, subject to customary adjustments
- $520.0 million — has made a senior secured term loan of $520.0 million (the "New Term Loan") to the Borrowers,
- $0.01 — Shareholders' equity Preferred shares; $0.01 par value; 10,000 shares authorized; no
- $150.0 m — s, with an aggregate notional amount of $150.0 million, associated with the Prepaid Inde
- $125.0 million — ble interest rate margins) and (ii) the $125.0 million Existing Term Loan term loan's interest
- $487.5 thousand — ld result in an increase or decrease of $487.5 thousand for the nine months ended September 30,
- $650.0 thousand — ld result in an increase or decrease of $650.0 thousand for the twelve months ended December 31
Filing Documents
- elme-20251112.htm (8-K/A) — 325KB
- 0000104894-25-000138.txt ( ) — 459KB
- elme-20251112.xsd (EX-101.SCH) — 2KB
- elme-20251112_lab.xml (EX-101.LAB) — 22KB
- elme-20251112_pre.xml (EX-101.PRE) — 13KB
- elme-20251112_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (b) Pro Forma Financial Information. The following pro forma financial statements reflecting the Portfolio Sale Transaction disposition described above and debt repayments are filed hereto: 1. Introduction 2. Elme Communities Unaudited Pro Forma Consolidated Balance Sheet as of September 30, 2025 and notes thereto. 3. Elme Communities Unaudited Pro Forma Condensed Consolidated Statements of Operations for the nine months ended September 30, 2025 and the twelve months ended December 31, 2024 and notes thereto. 4. Elme Communities Unaudited Pro Forma Condensed Consolidated Statements of Comprehensive Income for the nine months ended September 30, 2025 and the twelve months ended December 31, 2024 and notes thereto.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ELME COMMUNITIES (Registrant) By: /s/ W. Drew Hammond (Signature) W. Drew Hammond Senior Vice President and Chief Administrative Officer November 18, 2025 (Date) ELME COMMUNITIES INTRODUCTION TO UNAUDITED PRO FORMA CONSOLIDATED BALANCE SHEET, CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) On November 12, 2025, Elme Communities ("Elme", "we" or the "Company") completed the previously announced sale of Elme's interests in Echo Sub LLC, a Delaware limited liability company ("Echo Sub"), for an aggregate contract sale price of $1.606 billion, subject to customary adjustments (the "Portfolio Sale Transaction"). Immediately prior to the closing of the Portfolio Sale Transaction, Echo Sub owned all the equity interests in the Elme subsidiaries that owned the following 19 multifamily properties (the "Cortland Portfolio"): 1 Cascade at Landmark, 300 Yoakum Parkway, Alexandria, VA 22304 2 Clayborne, 820 South Columbus Street, Alexandria, VA 22314 3 Elme Alexandria, 205 Century Place, Alexandria, VA 22304 4 Bennett Park, 1601 Clarendon Boulevard, Arlington, VA 22209 5 Park Adams, 2000 N Adams Street, Arlington, VA 22201 6 The Maxwell, 4200 North Carlin Springs Road, Arlington, VA 22203 7 The Paramount, 1425 South Eads Street, Arlington, VA 22202 8 The Wellington, 1850 Columbia Pike, Arlington, VA 22204 9 Trove, 1201 South Ross St, Arlington, VA 22204 10 Roosevelt Towers, 500 North Roosevelt Boulevard, Falls Church, VA 22044 11 Elme Dulles, 13690 Legacy Circle, Herndon, VA 20171 12 Elme Herndon, 2511 Farmcrest Drive, Herndon, VA 20171 13 Elme Leesburg, 86 Heritage Way NE, Leesburg, VA 20176 14 Elme Manassas, 10519 Lariat Lane, Manassas, VA 20109 15 The Ashby at McLean, 1350 Beverly