Elme Communities engages in the provision of ownership and operation of apartment communities. The company is headquartered in Bethesda, Maryland and currently employs 255 full-time employees. The firm operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities (the Residential segment). The Company’s properties include Riverside Apartments, Elme Bethesda, Elme Germantown, Elme Watkins Mill, 3801 Connecticut Avenue, Kenmore Apartments, Elme Conyers, Elme Marietta and Elme Sandy Springs. The company also owns and operates approximately 300,000 square feet of commercial space (Watergate 600) in the Washington, DC metro region.