Elme Communities
Price
Key statistics
- Forward rate
- $58.68
- Yield
- 3353.14%
- Payout ratio
- 342.86%
- Frequency
- Quarterly
- 2026-01-08$14.67
Elme Communities is a multifamily real estate investment trust focused on owning and operating apartment communities for middle-income renters. The company’s portfolio centers on residential properties in the Washington, DC metro area and the Atlanta metro region, with a smaller commercial space component in the Washington area. Its business today is built around providing quality, service-oriented housing in locations close to employment centers, transportation, and retail, supporting steady demand from residents seeking practical urban and suburban living options. Based in Bethesda, Maryland, Elme Communities plays a targeted role in the residential real estate market by managing income-producing properties and serving a broad base of renters across its core markets.
- Sector
- Real Estate
- Industry
- REIT - Residential
- CEO
- Mr. Paul T. McDermott
- Employees
- 255
- Headquarters
- Bethesda, MD, United States
- Website
- www.elmecommunities.com