Insights

Strategic Asset Sale Elme Communities recently executed a major asset divestment totaling 1.6 billion dollars, indicating a strategic shift that could open opportunities for real estate technology solutions, asset management platforms, or consulting services aimed at portfolio restructuring or optimization.

Financial Strength With a substantial funding of 500 million dollars and revenue between 250 to 500 million dollars, Elme Communities possesses significant capital and financial stability, creating potential for partnerships in innovative property development, technology upgrades, and scalable management systems.

Digital Initiatives The company has launched resident-centric technology platforms, such as Elme Resident Services and at-the-market equity programs, indicating a focus on digital engagement and revenue diversification — ideal opportunities for sales of property management software, resident engagement tools, or digital marketing solutions.

Leadership Growth Recent appointments of key executives including a new COO and independent director suggest ongoing leadership development and strategic planning, providing openings for executive training, corporate governance solutions, and leadership development services tailored to real estate management.

Market Positioning Operating within the value-oriented multifamily sector with a mid-sized employee base, Elme Communities presents potential for targeted outreach in property management, tenant engagement, sustainability initiatives, and next-generation building technologies aimed at enhancing operational efficiency and resident satisfaction.

Similar companies to Elme Communities

Elme Communities Tech Stack

Elme Communities uses 8 technology products and services including Amazon Web Services, Open Graph, Slick, and more. Explore Elme Communities's tech stack below.

  • Amazon Web Services
    Cloud Hosting
  • Open Graph
    Content Management System
  • Slick
    Javascript Libraries
  • PWA
    Miscellaneous
  • WP Engine
    Platform As A Service
  • X-XSS-Protection
    Security
  • Google Tag Manager
    Tag Management
  • Apache HTTP Server
    Web Servers

Media & News

Elme Communities's Email Address Formats

Elme Communities uses at least 2 format(s):
Elme Communities Email FormatsExamplePercentage
FLast@washreit.comJDoe@washreit.com
94%
First.Last@washreit.comJohn.Doe@washreit.com
5%
LFirst@washreit.comDJohn@washreit.com
1%
FLast@elmecommunities.comJDoe@elmecommunities.com
100%

Frequently Asked Questions

Where is Elme Communities's headquarters located?

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Elme Communities's main headquarters is located at 7550 Wisconsin Avenue Suite 900 Bethesda, Maryland 20814 United States. The company has employees across 4 continents, including North AmericaEuropeOceania.

What is Elme Communities's phone number?

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You can contact Elme Communities's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Elme Communities's official website and social media links?

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Elme Communities's official website is elmecommunities.com and has social profiles on LinkedInCrunchbase.

What is Elme Communities's NAICS code?

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Elme Communities's NAICS code is 531 - Real Estate.

How many employees does Elme Communities have currently?

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As of April 2026, Elme Communities has approximately 156 employees across 4 continents, including North AmericaEuropeOceania. Key team members include Chief Operating Officer: T. B.Chief Human Resources Officer: E. R.Chief Engineer: C. M.. Explore Elme Communities's employee directory with LeadIQ.

What industry does Elme Communities belong to?

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Elme Communities operates in the Real Estate industry.

What technology does Elme Communities use?

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Elme Communities's tech stack includes Amazon Web ServicesOpen GraphSlickPWAWP EngineX-XSS-ProtectionGoogle Tag ManagerApache HTTP Server.

What is Elme Communities's email format?

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Elme Communities's email format typically follows the pattern of FLast@washreit.com. Find more Elme Communities email formats with LeadIQ.

How much funding has Elme Communities raised to date?

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As of April 2026, Elme Communities has raised $500M in funding. The last funding round occurred on Jul 11, 2024 for $500M.

When was Elme Communities founded?

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Elme Communities was founded in 1960.

Elme Communities

Real EstateMaryland, United States51-200 Employees

Elme Communities (formerly WashREIT) owns and operates communities built to accommodate every life. With emphasis placed on impeccable communication, deep-rooted respect, and sustainable business practices, we offer spaces you’re proud to call home.

Section iconCompany Overview

Headquarters
7550 Wisconsin Avenue Suite 900 Bethesda, Maryland 20814 United States
Phone number
NAICS Code
531 - Real Estate
Founded
1960
Employees
51-200

Section iconFunding & Financials

  • $500M

    Elme Communities has raised a total of $500M of funding over 1 rounds. Their latest funding round was raised on Jul 11, 2024 in the amount of $500M.

  • $250M$500M

    Elme Communities's revenue is estimated to be in the range of $250M$500M

Section iconFunding & Financials

  • $500M

    Elme Communities has raised a total of $500M of funding over 1 rounds. Their latest funding round was raised on Jul 11, 2024 in the amount of $500M.

  • $250M$500M

    Elme Communities's revenue is estimated to be in the range of $250M$500M

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