Cortland Partners to buy part of Elme Communities portfolio for $1.6 billion

ReutersAug 4, 2025 10:55 AM

Aug 4 (Reuters) - Real estate investment firm Cortland Partners will buy a 19-asset portfolio from Elme Communities ELME.N for $1.6 billion in cash.

The transaction is expected to close in the fourth quarter of 2025, Elme Communities said on Monday.

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