Elme Communities

Item 2.01 Completion of Acquisition or Disposition of Assets. On September 28, 2026, Elme 3801 Connecticut Ave Trustee LLC, a wholly-owned subsidiary of Elme Communities, a Maryland real estate investment trust (the “Company”), completed its previously announced disposition of 3801 Connecticut Avenue, a 307-unit community located in Washington, DC, for a purchase price of $55.0 million, subject to certain customary adjustments and prorations, pursuant to a purchase and sale agreement, as amended (the “3801 Agreement”), with FPA Multifamily, LLC (“FPA”). The foregoing description of the 3801 Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the 3801 Agreement, the First Amendment to the 3801 Agreement, the Reinstatement of and Second Amendment to the 3801 Agreement and the Reinstatement of and Third Amendment to the 3801 Agreement, which are filed as Exhibits 10.1, 10.2, 10.3 and 10.4, respectively, to this Current Report on Form 8-K and incorporated by reference herein. Also on September 28, 2026, Elme Kenmore LLC, a wholly-owned subsidiary of the Company, completed its previously announced disposition of The Kenmore, a 371-unit community located in Washington, DC, for a purchase price of $55.0 million, subject to certain customary adjustments and prorations, pursuant to a purchase and sale agreement, as amended (the “Kenmore Agreement”), with FPA. The foregoing description of the Kenmore Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Kenmore Agreement, the First Amendment to the Kenmore Agreement, the Reinstatement of and Second Amendment to the Kenmore Agreement and the Reinstatement of and Third Amendment to the Kenmore Agreement, which are filed as Exhibits 10.5, 10.6, 10.7 and 10.8, respectively, to this Current Report on Form 8-K and incorporated by reference herein. In addition to the 3801 Agreement and the Kenmore Agreement, FPA has previously entered into two other purchase and sale agreements for the purchase of three other Company properties (consisting of a purchase and sale agreement for both Elme Sandy Springs and Elme Marietta which were sold in February 2026 and Riverside Apartments which was sold in September 2026). Each of these purchase and sale agreements, including the 3801 Agreement and the Kenmore Agreement, was negotiated independently and none have been contingent on any other purchase and sale agreement between the parties.

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On September 29, 2026, in connection with its intended dissolution and the cancellation of its common shares of beneficial interest, par value $0.01 per share (the “Common Shares”), described under Item 8.01 below, the Company, in accordance with the authority granted by the Company’s Board of Trustees (the “Board”) pursuant to the Plan of Sale and Liquidation (as defined below), provided notice to the New York Stock Exchange (the “NYSE”) of its intention to voluntarily delist its Common Shares from the NYSE. The Company anticipates filing a Form 25, or Notification of Removal from Listing, with the Securities and Exchange Commission (the “SEC”) and the NYSE relating to the delisting of the Common Shares on October 26, 2026. The Company anticipates the last day of trading of its Common Shares on the NYSE to be November 5, 2026 and that the Company’s share transfer books will be closed as of 4:00 p.m. (Eastern Time) on such date.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. In connection with the Company’s intended dissolution, the Washington Real Estate Investment Trust Deferred Compensation Plan for Officers, as amended and restated, and the Washington Real Estate Investment Trust Supplemental Executive Retirement Plan #2, will be terminated, and any amounts remaining unpaid under these and other compensation arrangements will be paid on or before the dissolution.

Item 7.01 Other Events. On September 29, 2026, the Company issued a press release providing an update on its ongoing liquidation activities, including the completion of the sales of its remaining properties, as well as the declaration of an additional liquidating distribution and updates on the anticipated timing of NYSE delisting, establishment of a liquidating trust for purposes of completing the wind-down process and dissolution of the Company. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. This information, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to liabilities of that section, and is not incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 8.01 Other Events. In accordance with the Plan of Sale and Liquidation approved by the Board on July 30, 2025 and by the shareholders of the Company on October 30, 2025 (the “Plan of Sale and Liquidation”), following delisting from the NYSE as described above, the Company intends to terminate its existence by voluntary dissolution effective November 6, 2026 (the “Effective Time”). Prior to the Effective Time, the Company intends to transfer all of its remaining assets and liabilities to a Maryland liquidating trust (the “Liquidating Trust”). The purpose of the Liquidating Trust will be to liquidate the assets of the Liquidating Trust and distribute the residual proceeds of such assets to the holders of the beneficial interests of the Liquidating Trust (the “Beneficial Interests”). All of the Beneficial Interests will be held by the shareholders of the Company, with each shareholder of the Company being deemed automatically to have received and hold a percentage of Beneficial Interests in the Liquidating Trust corresponding to such shareholder’s percentage ownership in the Company as of the close of business on the last day of trading of the Common Shares on the NYSE. Shareholders of the Company will not be required to take any action to receive Beneficial Interests in the Liquidating Trust. Following the transfer of the Company’s assets and liabilities to the Liquidating Trust, subject to certain exceptions related to transfer by will, intestate succession or operation of law, Beneficial Interests in the Liquidating Trust will not be transferable, nor will holders of Beneficial Interests have authority or power to sell or in any other manner dispose of their Beneficial Interests. The Beneficial Interests will not trade on the NYSE or any other exchange. Simultaneously, all of the outstanding Common Shares and certificates representing Common Shares will be automatically cancelled and will thereafter no longer be deemed outstanding. The rights of holders of Beneficial Interests will not be represented by any form of certificate or other instrument. For a discussion of the tax consequences of the transfer of the Company’s assets to the Liquidating Trust and the deemed distribution of the Beneficial Interests to the shareholders, please see “Material U.S. Federal Income Tax Consequences - Tax Consequences of the Liquidating Trust” beginning on page 76 of the definitive proxy statement filed by the Company with the SEC on September 24, 2025 for the special meeting of shareholders held on October 30, 2025, which is available free of charge through the website maintained by the SEC at http://www.sec.gov or the Company’s website at www.elmecommunities.com. You are urged to consult your own tax advisor to determine the particular tax consequences to you of the transfer of the Company’s assets to the Liquidating Trust and the deemed distribution of Beneficial Interests to the shareholders, including the applicability and effect of any U.S. federal, state and local and foreign tax laws. Based on guidance previously provided by the SEC in similar circumstances, assuming the Company terminates its existence as described above, the Company anticipates that the Liquidating Trust will be required to file only annual reports on Form 10-K (using the SEC file number of the Company) containing unaudited financial statements, as well as current reports on Form 8-K (also filed using the SEC file number of the Company).