Elme Communities: Acquisition or sale completed
Elme Communities completed the sale of Riverside Apartments for $250.0 million and fully repaid its senior secured term loan.
Positive for the companyWhat happened
- On September 14, 2026, Elme Communities completed the sale of the 1,222 unit Riverside Apartments in Alexandria, Virginia to FPA Multifamily, LLC for $250.0 million.
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