Symbol: WRE
new symbol: ELME
CIK: 104894
Exchange: NYSE
Founded: 1960
HQ: Washington, DC, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Diversified, Residential, Retail, Office
Washington REIT is a self-administered equity real estate investment trust investing in income-producing properties in the greater Washington metro region. Washington REIT owns a diversified portfolio of 50 properties, totaling approximately 6.3 million square feet of commercial space and 4,480 multifamily units, and land held for development. These 50 properties consist of 20 office properties, 16 retail centers and 14 multifamily properties. Washington REIT shares are publicly traded on the New York Stock Exchange (NYSE: WRE).
Material | Source | Description |
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WashREIT is Now Elme Communities (2022-10-17) | GLOBE NEWSWIRE | Elme Communities is “elevating home” for underserved mid-market renters New name marks the final step in the Company’s transformation into a strategy-led, business-to-consumer, value-driven multifamily company WASHINGTON, Oct. 17, 2022 (GLOBE NEWSWIRE) -- WashREIT (NYSE: WRE), a value-driven multifamily owner and operator, announced today that it has changed its name and rebranded as Elme Communities, reflecting its ongoing commitment to elevating the value-living experience for its residents. The name change culminates the Company’s transformation into a focused multifamily company, and subsequent geographic expansion into Sunbelt markets. The Company, which has also changed its legal name to Elme Communities, will continue trading on the New York Stock Exchange under its existing ticker symbol until October 20, 2022, when its new ticker symbol, “ELME,” is expected to become effective. |
REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
---|---|---|---|---|---|
American Assets Trust, Inc. (AAT) | 7.4 | NYSE | Mid-Cap | Diversified Office Residential Hotel Retail | United States |
Welltower, Inc. (WELL) | 8.3 | NYSE | Large-Cap | Health Care | United States |
Last updated: 2024-12-18 - v5.8