Cortland Partners to buy part of Elme Communities portfolio for $1.6 billion-February 2024-www.financetom.com

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

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

Aug 4, 2025 4:13 AM

Aug 4 (Reuters) - Real estate investment firm Cortland

Partners will buy a 19-asset portfolio from Elme Communities ( ELME )

for $1.6 billion in cash.

The transaction is expected to close in the fourth quarter

of 2025, Elme Communities ( ELME ) said on Monday.

(Reporting by Aishwarya Jain in Bengaluru; Editing by Shinjini

Ganguli)

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