Aelme Elme Communities 1 Trove, Arlington, VA Table of Contents Q1 2024 Update 08 Current Market Dynamics 24 Multifamily Strategies and Target Market 34 Appendix 45 Elme Communities 4 About Us Value Creation Strategy Apartment Portfolio Overview Value-oriented apartment communities with strong long-term growth prospects ~3,300 Renovation Pipeline (homes) Washington Metro Atlanta Metro 89% of our homes are affordable to households earning the Area Median Income (AMI) Elme Communities 7 7 Market Performance H ...

We're very pleased with the demand patterns that we're seeing across our Washington Metro portfolio and average occupancy for our Washington Metro communities increased 30 basis points year-over-year to 96%. We To wrap it up, we are largely where we expected to be at this point in the year. Our midmarket focus remains well-positioned and we are pleased to see positive momentum building in April. The technology and process Jamie Feldman Tiffany Butcher Jamie Feldman Furthermore, we're rolling out managed WiF ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________ FORM 10-Q ___________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. COMMISSION FILE NO. 1-6622 ELME COMMUNITIES (Exact name of registrant as specified in its charter) ...

CONTACT: 7550 Wisconsin Ave, Suite 900 Amy Hopkins Bethesda, MD 20814 Vice President, Investor Relations Tel 202-774-3253 E-Mail: ahopkins@elmecommunities.com Fax 301-984-9610 www.elmecommunities.com May 1, 2024 Elme Communities Announces First Quarter 2024 Results Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington, DC metro area and the Atlanta metro area, reported financial and operating results today for the quarter ended March 31, 2024: Financial Results ...

Good day and welcome to the Elme Communities Fourth Quarter 2024 (sic) [2023] Earnings Conference call. As a reminder, today's call is being recorded. Really, I'm sorry, excuse me? Paul McDermott Operator No, I mean, I think we talked earlier about the bad debt and all of the initiatives that we're putting in place, including we've tightened our income standards. We have put in place new credit screening policies and procedures. So not only are we tightening our standards on the front end, but then we are a ...

Elme (ELME) came out with quarterly funds from operations (FFO) of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to FFO of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -4%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.24 per share when it actually produced FFO of $0.24, delivering no surprise.Over the last four quarters, the company has ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________ FORM 10-K ___________________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NO. 001-06622 ___________________________________________________ ELME COMMUNITIES (Exact ...

Elme Communities (NYSE:ELME) Q3 2023 Results Conference Call October 27, 2023 10:00 AM ET Company Participants Amy Hopkins - Vice President Investor Relations Paul McDermott - Chairman of Board, President and CEO Tiffany Butcher - Executive VP and COO Steven Freishtat - Executive VP and CFO Grant Montgomery - Vice President of Research Conference Call Participants Jamie Feldman - Wells Fargo Alan Peterson - Green Street Operator Hello, and welcome to the Elme Communities Third Quarter 2023 Earnings Conferen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________ FORM 10-Q ___________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. COMMISSION FILE NO. 1-6622 ELME COMMUNITIES (Exact name of registrant as specified in its chart ...

Company Participants Conference Call Participants Operator Before we begin our prepared remarks, I would like to remind everyone that this conference call contains forward-looking statements that involve known and unknown risks and uncertainties which may cause actual results to differ materially, and we undertake no duty to update them as actual events unfold. We refer to certain of these risks in our SEC filings. I am very pleased to share that we have officially completed the transition of community-leve ...