Elme Communities Transfers Remaining Assets and Liabilities to Elme Communities Liquidating Trust and Dissolves

BETHESDA, Md., Nov. 06, 2026 (GLOBE NEWSWIRE) -- Elme Communities (“Elme” or the “Company”) today announced that the Company has completed the transfer of its remaining assets and liabilities to Elme Communities Liquidating Trust, a newly-created Maryland common law trust (the “Liquidating Trust”), for the benefit of the common shareholders of the Company, effective November 6, 2026 (the “Effective Date”) and that the Company was dissolved on the Effective Date. This previously announced transfer and dissolution were contemplated in the Plan of Sale and Liquidation (the “Plan of Sale and Liquidation”) approved by the Company’s Board of Trustees on July 30, 2025 and the Company’s shareholders on October 30, 2025. Also as previously announced, the share transfer books of Elme were closed at the close of business (Eastern Time) on November 5, 2026.