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ELME| Name | Value |
|---|---|
| Revenues | 61.1M |
| Cost of Revenue | 24.5M |
| Gross Profit | 36.6M |
| Operating Expense | 29.8M |
| Operating I/L | 6.7M |
| Other Income/Expense | -9.7M |
| Interest Income | 0.0M |
| Pretax | -3.0M |
| Income Tax Expense | 0.0M |
| Net Income/Loss | -3.0M |
Elme Communities is a real estate company specializing in the ownership and operation of strategically positioned assets in the Washington Metro area. With a portfolio of 45 properties, including commercial space and multifamily apartment units, the company leverages its expertise to create value through insightful strategy implementation. The portfolio comprises 22 multifamily properties, 15 office properties, and 8 retail centers. Elme Communities generates revenue through property leasing, rental income from multifamily units, and commercial space tenancy. The company's success in driving returns and delivering customer satisfaction has established it as a trusted authority in the competitive Washington Metro real estate market.
