Cortland Partners to buy part of Elme Communities portfolio for $1.6 billion
04/08/2025 11:55
Aug 4 (Reuters) - Real estate investment firm Cortland Partners will buy a 19-asset portfolio from Elme Communities ELME.N for $1.6 billion in cash. The transaction is expected to close in the fourth quarter of 2025, Elme Communities said on Monday. (Reporting by Aishwarya Jain in Bengaluru; Editing by Shinjini Ganguli) ((Aishwarya.Jain@thomsonreuters.com;))
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