Elme Communities, founded in 2018 and based in Tysons, Virginia, is a leading real estate investment trust (REIT) focused on multifamily properties in the Mid-Atlantic and Southeastern United States. The company aims to enhance value through a dynamic portfolio that emphasizes sustainable communities and resident satisfaction.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WRE 7.25% 2028-02-25 USDElme Communities | United States | 2028-02-25 | 7.250 | 4.75 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Elme Communities has actively engaged in bond issuances to fund its growth and investments. The company began issuing bonds in 2020, offering notable issuances that cater to various strategic initiatives, including refinancing existing debt and funding new acquisitions. Currently, Elme's bond yields are competitive within the multifamily REIT sector, with unique features such as fixed-rate interest terms that appeal to risk-averse investors amidst fluctuating market conditions. Recent news highlighted a successful $300 million bond issuance in early 2023, further solidifying its financial foundation and investor confidence.