Washington Real Estate Investment Trust

Elme Communities engages in the ownership and operation of income-producing real estate properties. It operates through the following segments: Office and Multifamily. The Office segment provides office space for various types of businesses and professions. The Multifamily segment provides rental housing for individuals and families throughout the Washington metro region. The company was founded by Arthur A. Birney and Benjamin H. Dorsey in 1960 and is headquartered in Washington, DC.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Elme Communities engages in the ownership and operation of apartment communities. It operates through the following segments: Residential and Other. The company was founded by Arthur A. Birney and Benjamin H. Dorsey in 1960 and is headquartered in Bethesda, MD.

Washington Real Estate Investment Trust continues to make big moves to reorganize itself and to focus on its multifamily properties. This creates some uncertainty but the picture on that front is starting to clear.

Washington Real Estate Investment Trust: Still Expensive

Washington Reit (WRE) delivered FFO and revenue surprises of -4.76% and -5.81%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Washington Reit (WRE) Lags Q3 FFO and Revenue Estimates

WASHINGTON, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a multifamily REIT with properties in the Washington metro region and the Southeast, reported financial and operating results today for the quarter ended September 30, 2021:

WashREIT Announces Third Quarter 2021 Results and Updates Progress on Transformation

WASHINGTON, Sept. 16, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE) will release third quarter earnings results after market close on Thursday, October 28, 2021.

WashREIT to Release Third Quarter 2021 Results on Thursday, October 28th

Washington REIT recently announced that it was selling its office and retail portfolio in order to become a pure-play apartment REIT.

Washington REIT Is Becoming An Apartment REIT: Buy, Hold Or Sell?

Washington Real Estate Investment (WRE) CEO Paul McDermott on Q2 2021 Results - Earnings Call Transcript

Washington Reit (WRE) delivered FFO and revenue surprises of -27.27% and -41.46%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Washington Reit (WRE) Q2 FFO and Revenues Lag Estimates

WASHINGTON, July 29, 2021 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of multifamily properties in the Washington, DC area, reported financial and operating results today for the quarter ended June 30, 2021:

WashREIT Announces Second Quarter 2021 Results and Updates Progress on Transformation

Brookfield Asset Management

Brookfield Property Partners

Brookfield Property Partners L.P.

Brookfield Property Partners L.P. - 6.50% PRF PERPETUAL USD 25 - Ser 1 Cls A

Boston Properties

SL Green Realty

The time to buy is when there's blood on the streets.

Billionaire Investor Says 'Buy Office Real Estate' - Our Top Office REIT Picks

Continues to Progress Multifamily Transformation and Planned Southeast Expansion Continues to Progress Multifamily Transformation and Planned Southeast Expansion

WashREIT Completes Office Portfolio Sale

Washington Real Estate Investment Trust has historically been diversified among multiple real estate sectors. They are now completing their transition to become a pure play multifamily REIT. The sale of office and retail properties will be dilutive in the short term but will enhance the company's long-term growth prospects given multifamily is much more attractive.

Washington Real Estate Investment Trust: Short-Term Pain Is Long-Term Gain

The management team at Washington Real Estate Investment Trust recently announced plans to divest a significant amount of its assets.

Washington Real Estate Investment Trust: Expensive Despite A Massive Transformation

WASHINGTON, June 22, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE), a leading owner of multifamily and commercial properties in the Washington Metro area, will release second quarter earnings results after market close on Thursday, July 29, 2021.

WashREIT to Release Second Quarter 2021 Results on Thursday, July 29th

WASHINGTON, June 15, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE: WRE) (“WashREIT” or the “Company”), as part of its multi-year strategic transformation into a multifamily REIT, announced today that it has entered into a definitive agreement to sell substantially all its office portfolio to a Brookfield Asset Management private real estate fund for an aggregate purchase price of $766 million. This office portfolio sale consists of twelve office assets, comprising 2,371,000 square feet, located in the Washington, DC metro area. The transaction is expected to close in the third quarter of 2021, subject to the satisfaction of customary closing conditions.

WashREIT Accelerates Transformation Into Multifamily REIT With Agreement to Sell Office Portfolio

Washington Real Estate Investment Trust (WRE) CEO Paul McDermott on Q1 2021 Results - Earnings Call Transcript

WASHINGTON, April 28, 2021 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of multifamily and commercial properties in the Washington, DC area, reported financial and operating results today for the quarter ended March 31, 2021:

WashREIT Announces First Quarter 2021 Results

SAN FRANCISCO--(BUSINESS WIRE)-- #ESG--WashREIT (NYSE: WRE) in Washington, D.C. recently announced an expansion of its Green Bond Framework for eligible green projects, including eight multifamily assets acquired in 2019. As outlined in WashREIT's Green Bond Framework, WashREIT intends to achieve BREEAM In-Use Very Good certifications for the majority of these assets. WashREIT will allocate the majority of the proceeds to buildings that achieve BREEAM certification as part of its multipronged approach

WashREIT Announces $350 Million of Green Bonds for Eligible Green Buildings that Achieve BREEAM Certification

Washington REIT has seen its share of headwinds but the worst may be behind it, as the clouds appear to be clearing. It has seen robust apartment applications and leasing activity so far this year.

Why 5.4%-Yielding Washington REIT Deserves A Second Look

WASHINGTON, March 04, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE), a leading owner of multifamily and commercial properties in the Washington Metro area, will release first quarter earnings results after market close on Wednesday, April 28, 2021.

WashREIT to Release First Quarter 2021 Results on Wednesday, April 28th

Washington Real Estate Investment Trust (WRE) CEO Paul McDermott on Q4 2020 Results - Earnings Call Transcript

Washington Reit (WRE) delivered FFO and revenue surprises of -2.94% and -0.43%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Washington Reit (WRE) Q4 FFO and Revenues Lag Estimates

WASHINGTON, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of multifamily and commercial properties in the Washington, DC area, reported financial and operating results today for the quarter and year ended December 31, 2020:

WashREIT Announces Fourth Quarter and Full Year 2020 Results

WashREIT (WRE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for WashREIT (WRE) This Earnings Season?

WASHINGTON, Jan. 20, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE) announced the income tax treatment of its 2020 dividend distributions. This information represents final income allocations. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of WashREIT dividend distributions. The Ordinary Taxable Income Per Share is equal to the Section 199A Dividend Per Share. Under Section 199A, non-corporate shareholders may generally deduct 20% of ordinary taxable REIT dividends.

WashREIT Announces Tax Treatment of 2020 Distributions

Washington REIT continues to experience headwinds in the current environment. However, I see a light at the end of the tunnel, and WRE could benefit from increasing tech company presence in the area.

News for Washington Real Estate Investment Trust Stock (WRE)