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Now out of the office game, WashREIT rebrands to reflect multifamily focus

Now out of the office game, WashREIT rebrands to reflect multifamily focus

Reflecting its wholesale shift into residential real estate, the D.C.-based real estate investment trust, better known as WashREIT, announced Monday it has rebranded. The decision comes after WashREIT (NYSE: WRT) sold almost all of its office and retail assets to focus on becoming a regional multifamily operator. Its New York Stock Exchange ticker will change from WRE to ELME as of Thursday morning, the company announced.