<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:019cd859-096e-75c8-a705-2abab450ac7f,g:248edf87-76aa-42f9-a13f-e8ede017fe74-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:arcroleRef arcroleURI="https://xbrl.org/2023/arcrole/summation-item" xlink:type="simple" xlink:href="https://www.xbrl.org/2023/calculation-1.1.xsd#summation-item"/>
  <link:roleRef roleURI="http://elmecommunities.com/role/CONSOLIDATEDSTATEMENTOFNETASSETSLIQUIDATIONBASIS" xlink:type="simple" xlink:href="elme-20260331.xsd#CONSOLIDATEDSTATEMENTOFNETASSETSLIQUIDATIONBASIS"/>
  <link:calculationLink xlink:role="http://elmecommunities.com/role/CONSOLIDATEDSTATEMENTOFNETASSETSLIQUIDATIONBASIS" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Assets_019ce6f1-6360-749f-8a48-4d37e37b8cb8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Assets"/>
    <link:loc xlink:type="locator" xlink:label="loc_elme_RentalPropertiesLiquidationValue_019ce6f1-6361-756a-aea1-7410f17d47c6" xlink:href="elme-20260331.xsd#elme_RentalPropertiesLiquidationValue"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_019ce6f1-6360-749f-8a48-4d37e37b8cb8" xlink:to="loc_elme_RentalPropertiesLiquidationValue_019ce6f1-6361-756a-aea1-7410f17d47c6" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_019ce6f1-6361-7fe9-b0a8-404d0fbdac38" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_019ce6f1-6360-749f-8a48-4d37e37b8cb8" xlink:to="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_019ce6f1-6361-7fe9-b0a8-404d0fbdac38" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsAndNotesReceivableNet_019ce6f1-6361-72b6-a8c7-a43e40a98b5b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsAndNotesReceivableNet"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_019ce6f1-6360-749f-8a48-4d37e37b8cb8" xlink:to="loc_us-gaap_AccountsAndNotesReceivableNet_019ce6f1-6361-72b6-a8c7-a43e40a98b5b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_019ce6f1-79db-73c2-b92a-84d1df980b56" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities"/>
    <link:loc xlink:type="locator" xlink:label="loc_elme_LiquidationBasisOfAccountingAssetsAndLiabilitiesAmount_019ce6f1-79db-7208-b249-014fd0634e55" xlink:href="elme-20260331.xsd#elme_LiquidationBasisOfAccountingAssetsAndLiabilitiesAmount"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_019ce6f1-79db-73c2-b92a-84d1df980b56" xlink:to="loc_elme_LiquidationBasisOfAccountingAssetsAndLiabilitiesAmount_019ce6f1-79db-7208-b249-014fd0634e55" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NotesPayable_019ce6f1-79db-70e5-839e-708e7451a9bb" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NotesPayable"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_019ce6f1-79db-73c2-b92a-84d1df980b56" xlink:to="loc_us-gaap_NotesPayable_019ce6f1-79db-70e5-839e-708e7451a9bb" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_019ce6f1-79db-799e-85ed-b6b602dd3417" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_019ce6f1-79db-73c2-b92a-84d1df980b56" xlink:to="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_019ce6f1-79db-799e-85ed-b6b602dd3417" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_elme_LiquidatingDistributionPayable_019ce6f1-79db-798f-a4fd-9e93bb240453" xlink:href="elme-20260331.xsd#elme_LiquidatingDistributionPayable"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_019ce6f1-79db-73c2-b92a-84d1df980b56" xlink:to="loc_elme_LiquidatingDistributionPayable_019ce6f1-79db-798f-a4fd-9e93bb240453" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetsNet_019ce6ed-e552-7d23-b0b5-605539cb6a54" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsNet"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Assets_019ce6ed-e552-718f-9df2-53601fa50d8f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Assets"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsNet_019ce6ed-e552-7d23-b0b5-605539cb6a54" xlink:to="loc_us-gaap_Assets_019ce6ed-e552-718f-9df2-53601fa50d8f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_019ce6ed-e552-74ab-8e9d-5082b8a326a1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsNet_019ce6ed-e552-7d23-b0b5-605539cb6a54" xlink:to="loc_us-gaap_Liabilities_019ce6ed-e552-74ab-8e9d-5082b8a326a1" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://elmecommunities.com/role/CONDENSEDCONSOLIDATEDSTATEMENTOFCHANGESINNETASSETSLIQUIDATIONBASIS" xlink:type="simple" xlink:href="elme-20260331.xsd#CONDENSEDCONSOLIDATEDSTATEMENTOFCHANGESINNETASSETSLIQUIDATIONBASIS"/>
  <link:calculationLink xlink:role="http://elmecommunities.com/role/CONDENSEDCONSOLIDATEDSTATEMENTOFCHANGESINNETASSETSLIQUIDATIONBASIS" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiquidationBasisOfAccountingRemeasurementGainLossOnAsset_019ce727-31da-7b0a-a479-5d06373ce7ef" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiquidationBasisOfAccountingRemeasurementGainLossOnAsset"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiquidationBasisOfAccountingRemeasurementGainLossOnItemsPreviouslyNotRecognized_019ce727-31da-7738-8ec8-280da6e79df9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiquidationBasisOfAccountingRemeasurementGainLossOnItemsPreviouslyNotRecognized"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LiquidationBasisOfAccountingRemeasurementGainLossOnAsset_019ce727-31da-7b0a-a479-5d06373ce7ef" xlink:to="loc_us-gaap_LiquidationBasisOfAccountingRemeasurementGainLossOnItemsPreviouslyNotRecognized_019ce727-31da-7738-8ec8-280da6e79df9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiquidationBasisOfAccountingRemeasurementGainLossOnItemsPreviouslyNotRecognized_019ce727-31da-7ac0-b801-3c7656116313" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiquidationBasisOfAccountingRemeasurementGainLossOnItemsPreviouslyNotRecognized"/>
    <link:loc xlink:type="locator" xlink:label="loc_elme_LiquidationBasisOfAccountingRemeasurementGainLossOnIncomeProducingProperty_019ce727-31da-77c3-9181-f0cdd8f31d73" xlink:href="elme-20260331.xsd#elme_LiquidationBasisOfAccountingRemeasurementGainLossOnIncomeProducingProperty"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LiquidationBasisOfAccountingRemeasurementGainLossOnItemsPreviouslyNotRecognized_019ce727-31da-7ac0-b801-3c7656116313" xlink:to="loc_elme_LiquidationBasisOfAccountingRemeasurementGainLossOnIncomeProducingProperty_019ce727-31da-77c3-9181-f0cdd8f31d73" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_elme_LiquidationBasisOfAccountingRemeasurementOfAssetsLiabilitiesNetValue_019ce727-31da-7d44-b5b4-41ab0175eff5" xlink:href="elme-20260331.xsd#elme_LiquidationBasisOfAccountingRemeasurementOfAssetsLiabilitiesNetValue"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_LiquidationBasisOfAccountingRemeasurementGainLossOnItemsPreviouslyNotRecognized_019ce727-31da-7ac0-b801-3c7656116313" xlink:to="loc_elme_LiquidationBasisOfAccountingRemeasurementOfAssetsLiabilitiesNetValue_019ce727-31da-7d44-b5b4-41ab0175eff5" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://elmecommunities.com/role/CONDENSEDCONSOLIDATEDSTATEMENTSOFOPERATIONSGOINGCONCERNBASIS" xlink:type="simple" xlink:href="elme-20260331.xsd#CONDENSEDCONSOLIDATEDSTATEMENTSOFOPERATIONSGOINGCONCERNBASIS"/>
  <link:calculationLink xlink:role="http://elmecommunities.com/role/CONDENSEDCONSOLIDATEDSTATEMENTSOFOPERATIONSGOINGCONCERNBASIS" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CostsAndExpenses_019cd859-0a31-73b8-aabe-ea15d014ce1b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CostsAndExpenses"/>
    <link:loc xlink:type="locator" xlink:label="loc_elme_PropertyOperatingAndMaintenance_019cd859-0a31-7dad-a518-95f2c8925b9b" xlink:href="elme-20260331.xsd#elme_PropertyOperatingAndMaintenance"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_019cd859-0a31-73b8-aabe-ea15d014ce1b" xlink:to="loc_elme_PropertyOperatingAndMaintenance_019cd859-0a31-7dad-a518-95f2c8925b9b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateTaxesAndInsurance_019cd859-0a31-73e9-a01a-2176b198528f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealEstateTaxesAndInsurance"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_019cd859-0a31-73b8-aabe-ea15d014ce1b" xlink:to="loc_us-gaap_RealEstateTaxesAndInsurance_019cd859-0a31-73e9-a01a-2176b198528f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_elme_CostsOfGoodsAndServicesSoldPropertyManagement_019cd859-0a31-751a-bfa8-b1db1d761f4a" xlink:href="elme-20260331.xsd#elme_CostsOfGoodsAndServicesSoldPropertyManagement"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_019cd859-0a31-73b8-aabe-ea15d014ce1b" xlink:to="loc_elme_CostsOfGoodsAndServicesSoldPropertyManagement_019cd859-0a31-751a-bfa8-b1db1d761f4a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_019cd859-0a31-796c-bfb0-ae5c710b46d9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GeneralAndAdministrativeExpense"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_019cd859-0a31-73b8-aabe-ea15d014ce1b" xlink:to="loc_us-gaap_GeneralAndAdministrativeExpense_019cd859-0a31-796c-bfb0-ae5c710b46d9" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepreciationAndAmortization_019cd859-0a31-71ae-ba69-ce2ef0db67c1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DepreciationAndAmortization"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_019cd859-0a31-73b8-aabe-ea15d014ce1b" xlink:to="loc_us-gaap_DepreciationAndAmortization_019cd859-0a31-71ae-ba69-ce2ef0db67c1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_019ce742-ce70-710a-851f-79c57e8f9189" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingIncomeLoss_019ce742-ce70-7c7d-a1de-37d9a4d42ebb" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingIncomeLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_019ce742-ce70-710a-851f-79c57e8f9189" xlink:to="loc_us-gaap_OperatingIncomeLoss_019ce742-ce70-7c7d-a1de-37d9a4d42ebb" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_019ce742-ce70-7379-a628-867e33ab629b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonoperatingIncomeExpense"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_019ce742-ce70-710a-851f-79c57e8f9189" xlink:to="loc_us-gaap_NonoperatingIncomeExpense_019ce742-ce70-7379-a628-867e33ab629b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingIncomeLoss_019cd859-0a31-75f5-b5eb-179e8691d4ad" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingIncomeLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Revenues_019cd859-0a31-728f-a292-9aecb5087c4c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Revenues"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_019cd859-0a31-75f5-b5eb-179e8691d4ad" xlink:to="loc_us-gaap_Revenues_019cd859-0a31-728f-a292-9aecb5087c4c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CostsAndExpenses_019cd859-0a31-73c6-be31-867b07266a57" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CostsAndExpenses"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_019cd859-0a31-75f5-b5eb-179e8691d4ad" xlink:to="loc_us-gaap_CostsAndExpenses_019cd859-0a31-73c6-be31-867b07266a57" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NonoperatingIncomeExpense_019cd859-0a31-7029-8a70-9dfe32d161e9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NonoperatingIncomeExpense"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseNonoperating_019cd859-0a31-7e64-a66b-968348053adc" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseNonoperating"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_019cd859-0a31-7029-8a70-9dfe32d161e9" xlink:to="loc_us-gaap_InterestExpenseNonoperating_019cd859-0a31-7e64-a66b-968348053adc" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://elmecommunities.com/role/CONDENSEDCONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINCOMELOSSGOINGCONCERNBASIS" xlink:type="simple" xlink:href="elme-20260331.xsd#CONDENSEDCONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINCOMELOSSGOINGCONCERNBASIS"/>
  <link:calculationLink xlink:role="http://elmecommunities.com/role/CONDENSEDCONSOLIDATEDSTATEMENTSOFCOMPREHENSIVEINCOMELOSSGOINGCONCERNBASIS" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_019cd859-0a31-7146-a237-d026e1683039" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ComprehensiveIncomeNetOfTax"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_019cd859-0a31-77df-ab7b-7fdfa1bcb447" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_019cd859-0a31-7146-a237-d026e1683039" xlink:to="loc_us-gaap_NetIncomeLoss_019cd859-0a31-77df-ab7b-7fdfa1bcb447" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax_019cd859-0a31-72d9-85ff-c2a191cc0416" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_019cd859-0a31-7146-a237-d026e1683039" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax_019cd859-0a31-72d9-85ff-c2a191cc0416" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_019cd859-0a31-7968-91fd-27f9285ff754" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax"/>
    <link:calculationArc order="3" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_019cd859-0a31-7146-a237-d026e1683039" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax_019cd859-0a31-7968-91fd-27f9285ff754" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://elmecommunities.com/role/CONSOLIDATEDSTATEMENTOFCASHFLOWSGOINGCONCERNBASIS" xlink:type="simple" xlink:href="elme-20260331.xsd#CONSOLIDATEDSTATEMENTOFCASHFLOWSGOINGCONCERNBASIS"/>
  <link:calculationLink xlink:role="http://elmecommunities.com/role/CONSOLIDATEDSTATEMENTOFCASHFLOWSGOINGCONCERNBASIS" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_019cd859-0a31-7e4e-9aab-db41521901c0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsForCapitalImprovements_019cd859-0a31-78fd-88fa-cf57e7749016" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsForCapitalImprovements"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_019cd859-0a31-7e4e-9aab-db41521901c0" xlink:to="loc_us-gaap_PaymentsForCapitalImprovements_019cd859-0a31-78fd-88fa-cf57e7749016" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquireOtherProductiveAssets_019cd859-0a31-7c34-ab81-98017fa2c124" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToAcquireOtherProductiveAssets"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_019cd859-0a31-7e4e-9aab-db41521901c0" xlink:to="loc_us-gaap_PaymentsToAcquireOtherProductiveAssets_019cd859-0a31-7c34-ab81-98017fa2c124" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_019cd859-0a31-7c3e-bbb0-257240b45af8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019cd859-0a31-7cac-9368-2dee026919f4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_019cd859-0a31-7c3e-bbb0-257240b45af8" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019cd859-0a31-7cac-9368-2dee026919f4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_019cd859-0a31-738b-83ed-eb2eba06cd5a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_019cd859-0a31-7c3e-bbb0-257240b45af8" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_019cd859-0a31-738b-83ed-eb2eba06cd5a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019cd859-0a31-7705-8466-5ad3891533ce" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_019cd859-0a31-7c3e-bbb0-257240b45af8" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019cd859-0a31-7705-8466-5ad3891533ce" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019cd859-0a31-7b7c-9fa1-e5213c63e209" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_019cd859-0a31-7803-8640-e8cfe8a08258" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019cd859-0a31-7b7c-9fa1-e5213c63e209" xlink:to="loc_us-gaap_ProfitLoss_019cd859-0a31-7803-8640-e8cfe8a08258" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_019cd859-0a31-7b15-ae62-65b0e56d8f4d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DepreciationDepletionAndAmortization"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019cd859-0a31-7b7c-9fa1-e5213c63e209" xlink:to="loc_us-gaap_DepreciationDepletionAndAmortization_019cd859-0a31-7b15-ae62-65b0e56d8f4d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProvisionForDoubtfulAccounts_019cd859-0a31-7528-b656-524c99b08a6e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProvisionForDoubtfulAccounts"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019cd859-0a31-7b7c-9fa1-e5213c63e209" xlink:to="loc_us-gaap_ProvisionForDoubtfulAccounts_019cd859-0a31-7528-b656-524c99b08a6e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShareBasedCompensation_019cd859-0a31-79bd-b518-5afedb1e1444" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensation"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019cd859-0a31-7b7c-9fa1-e5213c63e209" xlink:to="loc_us-gaap_ShareBasedCompensation_019cd859-0a31-79bd-b518-5afedb1e1444" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_019cd859-0a31-7b85-a422-69d44042f5f0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AmortizationOfFinancingCostsAndDiscounts"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019cd859-0a31-7b7c-9fa1-e5213c63e209" xlink:to="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_019cd859-0a31-7b85-a422-69d44042f5f0" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_019cd859-0a31-73cd-ba47-6d531035c3e4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets"/>
    <link:calculationArc order="6" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019cd859-0a31-7b7c-9fa1-e5213c63e209" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_019cd859-0a31-73cd-ba47-6d531035c3e4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_019cd859-0a31-7387-a1d0-fc3fac0a0a64" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities"/>
    <link:calculationArc order="7" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_019cd859-0a31-7b7c-9fa1-e5213c63e209" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_019cd859-0a31-7387-a1d0-fc3fac0a0a64" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019cd859-0a31-737c-9194-64b1caa0d0d6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_019cd859-0a31-7aa9-b9f0-6de03229fa2b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromRepaymentsOfLinesOfCredit"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019cd859-0a31-737c-9194-64b1caa0d0d6" xlink:to="loc_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_019cd859-0a31-7aa9-b9f0-6de03229fa2b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsOfDividends_019cd859-0a31-7c69-89b5-64bf3072aeab" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsOfDividends"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019cd859-0a31-737c-9194-64b1caa0d0d6" xlink:to="loc_us-gaap_PaymentsOfDividends_019cd859-0a31-7c69-89b5-64bf3072aeab" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentOfFinancingAndStockIssuanceCosts_019cd859-0a31-7f5b-841f-78d87679f7ef" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentOfFinancingAndStockIssuanceCosts"/>
    <link:calculationArc order="3" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019cd859-0a31-737c-9194-64b1caa0d0d6" xlink:to="loc_us-gaap_PaymentOfFinancingAndStockIssuanceCosts_019cd859-0a31-7f5b-841f-78d87679f7ef" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToMinorityShareholders_019cd859-0a31-72c5-8283-ccb5cc4d05ad" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToMinorityShareholders"/>
    <link:calculationArc order="4" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019cd859-0a31-737c-9194-64b1caa0d0d6" xlink:to="loc_us-gaap_PaymentsToMinorityShareholders_019cd859-0a31-72c5-8283-ccb5cc4d05ad" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_019cd859-0a31-7bdb-a906-42b7ce9da717" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation"/>
    <link:calculationArc order="5" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_019cd859-0a31-737c-9194-64b1caa0d0d6" xlink:to="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_019cd859-0a31-7bdb-a906-42b7ce9da717" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_019cd859-0a31-7497-81cd-8abba2853a26" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_019cd859-0a31-72b5-b7e3-27e6bbe0e2d8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_019cd859-0a31-7497-81cd-8abba2853a26" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_019cd859-0a31-72b5-b7e3-27e6bbe0e2d8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalents_019cd859-0a31-7974-9a91-3d6377818a67" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RestrictedCashAndCashEquivalents"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_019cd859-0a31-7497-81cd-8abba2853a26" xlink:to="loc_us-gaap_RestrictedCashAndCashEquivalents_019cd859-0a31-7974-9a91-3d6377818a67" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://elmecommunities.com/role/EARNINGSPERCOMMONSHAREDetails" xlink:type="simple" xlink:href="elme-20260331.xsd#EARNINGSPERCOMMONSHAREDetails"/>
  <link:calculationLink xlink:role="http://elmecommunities.com/role/EARNINGSPERCOMMONSHAREDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_019cd859-0ae7-7eab-9f80-0bbb80bf8aa4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_019cd859-0ae7-7ea2-95f5-a8680af42c00" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_019cd859-0ae7-7eab-9f80-0bbb80bf8aa4" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_019cd859-0ae7-7ea2-95f5-a8680af42c00" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_019cd859-0ae7-7e80-8974-7b423d0da719" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_019cd859-0ae7-7eab-9f80-0bbb80bf8aa4" xlink:to="loc_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_019cd859-0ae7-7e80-8974-7b423d0da719" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_019cd859-0ae7-7a9a-8bd8-67367e63f039" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_019cd859-0ae7-76e9-98b1-df997eb95e59" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_019cd859-0ae7-7a9a-8bd8-67367e63f039" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_019cd859-0ae7-76e9-98b1-df997eb95e59" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_019cd859-0ae7-7592-9d48-c251cca40150" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_019cd859-0ae7-7a9a-8bd8-67367e63f039" xlink:to="loc_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_019cd859-0ae7-7592-9d48-c251cca40150" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://elmecommunities.com/role/SEGMENTINFORMATIONScheduleofReconciliationofNetOperatingIncomeofReportableSegmentsDetails" xlink:type="simple" xlink:href="elme-20260331.xsd#SEGMENTINFORMATIONScheduleofReconciliationofNetOperatingIncomeofReportableSegmentsDetails"/>
  <link:calculationLink xlink:role="http://elmecommunities.com/role/SEGMENTINFORMATIONScheduleofReconciliationofNetOperatingIncomeofReportableSegmentsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_019cd859-0ae7-725f-89e8-4db7dd3d2024" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GrossProfit_019cd859-0ae7-7684-8a87-f71b81d25c41" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GrossProfit"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_019cd859-0ae7-725f-89e8-4db7dd3d2024" xlink:to="loc_us-gaap_GrossProfit_019cd859-0ae7-7684-8a87-f71b81d25c41" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_elme_CostsOfGoodsAndServicesSoldPropertyManagement_019cd859-0ae7-7aa9-b3e0-5d0077411ab4" xlink:href="elme-20260331.xsd#elme_CostsOfGoodsAndServicesSoldPropertyManagement"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_019cd859-0ae7-725f-89e8-4db7dd3d2024" xlink:to="loc_elme_CostsOfGoodsAndServicesSoldPropertyManagement_019cd859-0ae7-7aa9-b3e0-5d0077411ab4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_019cd859-0ae7-7814-b396-49f67c67d969" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GeneralAndAdministrativeExpense"/>
    <link:calculationArc order="3" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_019cd859-0ae7-725f-89e8-4db7dd3d2024" xlink:to="loc_us-gaap_GeneralAndAdministrativeExpense_019cd859-0ae7-7814-b396-49f67c67d969" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepreciationAndAmortization_019cd859-0ae7-7fbb-99a9-b6579edb8137" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DepreciationAndAmortization"/>
    <link:calculationArc order="4" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_019cd859-0ae7-725f-89e8-4db7dd3d2024" xlink:to="loc_us-gaap_DepreciationAndAmortization_019cd859-0ae7-7fbb-99a9-b6579edb8137" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseNonoperating_019cd859-0ae7-7f1e-b1ad-4d876fa6da0c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseNonoperating"/>
    <link:calculationArc order="5" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_019cd859-0ae7-725f-89e8-4db7dd3d2024" xlink:to="loc_us-gaap_InterestExpenseNonoperating_019cd859-0ae7-7f1e-b1ad-4d876fa6da0c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GrossProfit_019cd859-0ae7-7ea9-8c92-cec6cc328dfd" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GrossProfit"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Revenues_019cd859-0ae7-747e-9f5e-6dab5156d970" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Revenues"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_GrossProfit_019cd859-0ae7-7ea9-8c92-cec6cc328dfd" xlink:to="loc_us-gaap_Revenues_019cd859-0ae7-747e-9f5e-6dab5156d970" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CostOfGoodsAndServicesSold_019cd859-0ae7-77f3-9b03-d2e2cbf78267" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CostOfGoodsAndServicesSold"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="https://xbrl.org/2023/arcrole/summation-item" xlink:from="loc_us-gaap_GrossProfit_019cd859-0ae7-7ea9-8c92-cec6cc328dfd" xlink:to="loc_us-gaap_CostOfGoodsAndServicesSold_019cd859-0ae7-77f3-9b03-d2e2cbf78267" xlink:type="arc"/>
  </link:calculationLink>
</link:linkbase>
