Life is not a bowl full of cherries for all multifamily (apartment) REITS. This one has been around a very long time but needs to sell its underperforming properties and close shop. The incompetents who took over its management several years ago went in for ESG and DEI. It had previously performed well since 1960 as WRIT. Top DC'-'area landlord changes name to Elme Communities '-' WTOP News
Yes, I own a few shares, thankfully very few. Elme Communities takes steps to liquidate
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Last edited by manaboutown; 08-19-2025 at 02:36 PM.
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