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Recent Updates — UMH

August 31, 2026View Source ↗

UMH Properties secured a new $10.2 million Fannie Mae mortgage on August 28, 2026, for a manufactured home community with 267 sites in Freehold, New Jersey. The loan carries a fixed interest rate of 6.03% and has a 10-year term. Proceeds will fund acquisitions, expansions, rental homes, and repay higher-interest debt. This follows the earlier repayment of a $2.8 million mortgage on the same property. UMH Properties is an equity REIT that owns and operates manufactured home communities.

August 5, 2026View Source ↗

UMH Properties, Inc. reported second quarter 2026 results on August 5, 2026, showing Total Income of $71.6 million and Net Income Attributable to Common Shareholders of $4.4 million ($0.05 per diluted share), compared to $2.5 million ($0.03) in the prior year period. Normalized Funds from Operations (FFO) increased 9% on a per-share basis to $0.25, driven by an 8% increase in Community Net Operating Income and improved same-property occupancy of 110 basis points to 89.4%. The company also raised approximately $7.6 million through the issuance of Series D Preferred Stock via its At-the-Market program. Management reiterated full-year guidance for Normalized FFO per diluted share between $0.98 and $1.04. UMH Properties, Inc. is a real estate investment trust that owns and operates manufactured home communities.

July 9, 2026View Source ↗

UMH Properties, Inc. announced a zero-down payment lending promotion specifically for Veterans on July 8, 2026. The company is a real estate investment firm.

June 23, 2026View Source ↗

On June 18, 2026, UMH Properties, Inc. entered into an employment agreement with Kevin Miller, who was appointed as Executive Vice President, Chief Financial Officer, and Treasurer effective June 1, 2026. Mr. Miller will receive an annual base salary of $430,000 and is eligible for an annual cash bonus with a target of 60% of his base salary. He is also eligible for long-term equity compensation under the 2023 Equity Incentive Award Plan. The agreement includes a termination benefit equal to three times the sum of his base salary and average three-year cash bonus if terminated without cause or for good reason, payable in 36 monthly installments unless triggered by a change of control. The company is a real estate investment trust (REIT) that owns and manages manufactured housing communities.