ELME Profile
Elme Communities is a prominent real estate investment and management firm specializing in the ownership and operation of strategically located properties in the Washington Metro area. The company leverages decades of industry experience and expertise to generate value through a well-defined approach that translates market insights into actionable strategies. This methodology underpins Elme's ability to effectively manage and optimize its real estate assets, ensuring sustained growth and performance.
As of October 29, 2020, Elme Communities boasts a diverse portfolio comprising 45 properties that collectively encompass approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. This portfolio includes 22 multifamily residential properties, 15 office buildings, and 8 retail centers, reflecting a balanced mix of asset types designed to capture various market opportunities. The company's holdings are strategically positioned to benefit from the dynamic economic and demographic trends in the Washington Metro region.
Elme Communities is actively engaged in enhancing the value of its real estate assets through strategic acquisitions, developments, and management initiatives. The company's approach includes identifying high-potential investment opportunities, executing redevelopment projects, and implementing operational improvements to drive returns and tenant satisfaction. This commitment to excellence is integral to maintaining Elme's competitive edge in one of the nation’s most challenging and competitive real estate markets.
Listed on the New York Stock Exchange (NYSE), Elme Communities operates with a reputation for delivering robust financial performance and high-quality real estate solutions. The company's established track record of generating value and fostering positive outcomes for stakeholders underscores its role as a trusted authority in the real estate sector. By continually adapting to market changes and leveraging its extensive expertise, Elme Communities remains a key player in shaping the real estate landscape in the Washington Metro area.
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