Elme Communities sold a suburban Washington, D.C., apartment complex to an affordable housing venture as the firm continues to wind down its portfolio ahead of its liquidation.
Elme extends sell-off with suburban DC multifamily deal
Affordable housing venture acquires 218-unit Elme Germantown in Maryland
By Scott Crue with
May 18, 2026 | 4:52 P.M.
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IN THIS ARTICLE
- Properties
- Hadley Germantown
2 Observation Ct, Germantown, MD
- Companies
- The NHP Foundation
Health Care and Social Assistance
- Urban Atlantic
Construction
- Elme Communities
Real Estate
- Contacts
- Robert Jenkins
Managing Director, Capital Markets, JLL
- Brett Thompson
Executive Vice President, JLL
- Andrew Gemma
Director, Capital Markets, JLL