Brief: Elme Communities Provides Update On Liquidation Activities
23/01/2026 22:40
Jan 23 (Reuters) - Elme Communities ELME.N: ELME COMMUNITIES PROVIDES UPDATE ON LIQUIDATION ACTIVITIES ELME COMMUNITIES - ENTERS AGREEMENTS TO SELL THREE PROPERTIES, CLOSING Q1 2026 ELME COMMUNITIES - EXPECTS TO SELL THREE PROPERTIES FOR $155 MILLION ELME COMMUNITIES - STEVEN FREISHTAT, CFO, EXPECTED TO STEP DOWN ELME COMMUNITIES - W. DREW HAMMOND TO BECOME CFO AFTER STEVEN FREISHTAT'S DEPARTURE ELME COMMUNITIES - INTENDS FOR ITS COMMON SHARES TO CONTINUE TO BE LISTED ON NYSE ELME COMMUNITIES - DOES NOT CURRENTLY EXPECT TO VOLUNTARILY DELIST PRIOR TO COMPLETING SALE OF AT LEAST A SUBSTANTIAL PORTION OF REMAINING PROPERTIES ELME COMMUNITIES - MARKETING AND SALE PROCESS WITH RESPECT TO CO'S REMAINING SEVEN PROPERTIES REMAINS ONGOING ELME COMMUNITIES - CONTINUES TO TARGET COMPLETION OF SALE OF ALL 10 REMAINING PROPERTIES BY MID-YEAR 2026 Source text: ID:nGNX4gFKwT Further company coverage: ELME.N ((Reuters.Briefs@thomsonreuters.com;))
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