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Elme Communities

Real Estate Bethesda, Md. ~440 employees
Founded
--
Employees (Est.)
~440
22 leaders known
Total Funding
$500.0M
Funding Rounds
1
Last Funding
2024-07-11

About Elme Communities

Elme Communities, formerly known as WashREIT, owns and operates residential communities designed to accommodate various lifestyles. The company emphasizes impeccable communication, deep-rooted respect, and sustainable business practices to provide spaces that residents are proud to call home. Their mission focuses on delivering high-quality service, security, happiness, and practical living spaces for middle-income renters in strategically chosen locations.

Products & Services

Residential Communities:Thoughtfully curated living spaces for practical living, offering sensible commutes, energy-efficient appliances, and responsive communication. Examples include Elme Druid Hills (Atlanta, GA), Riverside Apartments (Alexandria, VA), and Elme Eagles Landing (Stockbridge, GA).

Specialties

Affordable Housing for Middle-Income Renters Sustainable Business Practices ESG Initiatives (Environmental, Social, Governance) Research-Backed Investment Strategies

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt
A: 500000000
MR: -
FA: 500 million
FAN: 500000000
D: 2024-07-11
FD: 2024-07-11
12 investors
Debt Latest
2024-07-11
$500.0M
12 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

T

Tiffany Butcher

Executive Vice President and COO

B

Bob Fisher

Controller

K

Katie Fluence

Director, Environmental, Social & Governance

S

Steven Freishtat

Executive Vice President and CFO

S

Susan Gerock

CIO

W

W. Drew Hammond

Senior VP, Chief Administrative Officer & Treasurer

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Recent News

Elme Communities Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Real Estate
Company Size
~440 employees (est.)
Locations
Bethesda, Md.

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Technology Stack

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