Calculation of Filing Fee Tables
424(b)(5)
(Form Type)
Elme Communities
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
| Security Type |
Security Title(1) |
Fee Calculation or Carry Forward Rule |
Amount Registered |
Proposed Maximum Offering Price Per Unit |
Maximum Price |
Fee Rate |
Amount of Fee(2) | |||||||||
| Newly Registered Securities | ||||||||||||||||
| Fees to Be Paid | Equity | Common Shares of Beneficial Interest, $.01 par value per share | Other | — | — | $350,000,000 | $0.00014760 | $51,660 | ||||||||
| Fees Previously Paid |
— | — | — | — | — | — | — | |||||||||
| Carry Forward Securities | ||||||||||||||||
| Carry Forward Securities |
— | — | — | — | — | — | ||||||||||
| Total Offering Amounts | $350,000,000 | $51,660 | ||||||||||||||
| Total Fees Previously Paid | $0 | |||||||||||||||
| Total Fee Offsets | $37,092.58(3) | |||||||||||||||
| Net Fee Due | $14,567.42 | |||||||||||||||
Table 2. Fee Offset Claims and Sources
| Registrant or Filer Name |
Form or Filing Type |
File Number |
Initial Filing Date |
Filing Date |
Fee Offset Claimed |
Security Type Associated with Fee Offset Claimed |
Security Title |
Unsold Securities Associated with Fee Offset Claimed |
Unsold Aggregate Amount with Fee Offset Claimed |
Fee Paid with Fee Offset Source | ||||||||||||
| Rule 457(p) | ||||||||||||||||||||||
| Fee Offset Claims | Elme Communities (f/k/a Washington Real Estate Investment Trust) | 424(b)(5) | 333-253164 | February 18, 2021 | $37,092.58 | Equity | Common Shares of Beneficial Interest, $.01 par value per share | — | $339,985,629 (3) | |||||||||||||
| Fee Offset Sources | Elme Communities (f/k/a Washington Real Estate Investment Trust) | 424(b)(5) | 333-253164 | February 18, 2021 | $31,064(3) | |||||||||||||||||
| Elme Communities (f/k/a Washington Real Estate Investment Trust) | 424(b)(5) | 333-224135 | May 4, 2018 | $6,028.58(3) | ||||||||||||||||||
| (1) | The securities registered herein are offered pursuant to an automatic shelf registration statement. |
| (2) | The registration fee is calculated in accordance with Rule 457(o) under the Securities Act of 1933, as amended (the “Securities Act”) based on the proposed maximum aggregate offering price, and Rule 457(r) under the Securities Act. In accordance with Rules 456(b) and 457(r) under the Securities Act, the registrant initially deferred payment of all of the registration fees for the Registration Statement (File No. 333-277167) filed by the registrant on February 20, 2024. |
| (3) | Elme Communities filed a prospectus supplement to Registration Statement No. 333-224135 on May 4, 2018 (the “2018 Prospectus Supplement”), which became effective upon filing, registering an aggregate gross sales price of up to $250,000,000 common shares, for a total registration fee of $31,125, the offering of which has been terminated, $6,375 of which was offset from the fee related to the unsold securities under a prior prospectus supplement. On February 17, 2021, Elme Communities filed a prospectus supplement to Registration Statement No. 333-253164 (the “2021 Prospectus Supplement”) registering an aggregate gross sales price of up to $408,183,475 common shares, for a total registration fee of $44,533, $13,468 of which was offset from the fee related to the unsold securities under the 2018 Prospectus Supplement. As of the date of this Registration Statement, $339,985,629.07 remains unsold under the 2021 Prospectus Supplement, the offering of which has been terminated. Pursuant to Rule 457(p) under the Securities Act, a registration fee credit of $37,092.58, the amount of the fee attributable to the unsold securities under the 2021 Prospectus Supplement, is available to offset the current registration fee. |