With New $250M Deal, Elme Is Fully Set To Liquidate
Elme Communities has found a new buyer for its Alexandria, Virginia, apartment complex after a previous deal fell through, putting the REIT back on track in its liquidation process. Elme Communities’ 1,222-unit Riverside Apartments at 5860 Cameron Run Terrace in Alexandria FPA Multifamily LLC has entered into an agreement to buy Riverside Apartments, a 1,222-unit…