Elme Communities: Doesn't Seem Worth The Risks

Scharvik/iStock via Getty Images As of the end of the first quarter, Elme owned ~9.4K apartments in the Washington, DC metro and Sunbelt regions. Most of the assets are located in Washington and are Class-B, with about half of them being located in Urban areas: Washington DC - Historical Population Data The same story applies to Atlanta, only the growth rate has been more attractive there: Now, while Atlanta has a relatively low unemployment rate at the moment, Washington has historically been a city with a ...