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Elme Communities (ELME) Q4 2024 Earnings Call Transcript

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Elme Communities (NYSE:ELME) Q4 2024 Earnings Conference Call February 14, 2025 10:00 AM ET

Company Participants

Amy Hopkins – VP, IR
Paul McDermott – CEO
Tiffany Butcher – COO
Steve Freishtat – CFO
Grant Montgomery – Head, Research

Conference Call Participants

Anthony Paolone – JPMorgan
Jamie Feldman – Wells Fargo
John Pawlowski – Green Street
Cole Bardawill – Wolfe Research

Operator

Good day, and welcome to the Elme Communities Fourth Quarter 2024 Earnings Conference Call. As a reminder, today’s call is being recorded.

And at this time, I would like to turn the call over to your host, Amy Hopkins, Vice President, Investor Relations. Amy, please go ahead.

Amy Hopkins

Good morning, and thank you for joining, our fourth quarter earnings call. Today’s event is being webcast with a slide presentation that is available on the Investors section of our website and will be available on our webcast replay.

Statements made during this call may constitute forward-looking statements that involve known and unknown risks and uncertainties which may cause actual results to differ materially, and we undertake no duty to update them as actual events unfold. We refer to certain of these risks in our SEC filings.

Reconciliations of the GAAP and non-GAAP financial measures discussed on this call are available in our most recent earnings press release and financial supplement, which was distributed yesterday and can be found on the Investors page of our website.

Presenting on the call today will be Paul McDermott, our CEO; Tiffany Butcher, our COO; and Steve Freishtat, our CFO.

And with that, I will turn the call over to Paul.

Paul McDermott

Thanks, Amy. Welcome everyone, and thank you for joining us this morning. I’ll start by addressing the announcement, we made in conjunction with our earnings release. I will also cover our 2024, achievements and the impact of the

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