Core Viewpoint - Elme Communities is actively progressing with its liquidation plan, having entered into agreements for the sale of three properties and targeting completion of all sales by mid-2026, with estimated liquidating distributions ranging from $17.02 to $17.47 per share [1][6]. Marketing and Sale Process - The company has entered into two purchase and sale agreements for three properties, expecting gross proceeds of approximately $155 million, with closings anticipated in the first quarter of 2026 [2]. - The ongoing marketing process for the remaining seven properties aims to finalize sales by mid-2026, with specific properties targeted for contract by mid-May [3]. Financial Updates - Following the sale of a 19-property portfolio for $1.6 billion and a $520 million term loan, an initial liquidating distribution of $14.67 per share was paid to shareholders [5]. - The estimated additional liquidating distributions are projected to be between $2.35 and $2.80 per share, leading to a total estimated distribution of $17.02 to $17.47 per share, a decrease from previous estimates [6][8]. Personnel Matters - The company announced the resignation of two trustees and its CFO as part of downsizing efforts related to the liquidation process, with a focus on maintaining a lean operational structure [12][13].