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BRIEF-Elme Communities Provides Update On Liquidation Activities

Reuters
01/24
BRIEF-<a href="https://laohu8.com/S/ELME">Elme Communities</a> Provides Update On Liquidation Activities

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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