UMH Properties, Inc.

UMH PROPERTIES, INC. THIRD QUARTER 2026 OPERATIONS UPDATE

UMH Properties issued a preliminary Q3 2026 operations update showing total rental and related income up 9.3% and same-store rental income up 8.7%. Gross home sales income hit a quarterly record of $12.8 million, up 28% from $10.0 million last year, while 202 new rental homes were rented and net rental occupancy rose 72 units to 95%. Management cited the Road to Housing Act and amended opportunity zone tax rules as growth drivers, and said it anticipates the strong sales pipeline to continue into Q4. Full Q3 results will be released November 2, 2026, after market close, with a call on November 3 at 10:00 a.m. ET.

•25d ago

Cavco Unveils Grande Arbor, First HUD-Code Manufactured Home Built Without a Steel Chassis, at 2026 Innovative Housing Showcase

Cavco Industries will debut the Grande Arbor, the first HUD-code manufactured home built without a permanent steel chassis, at the 2026 Innovative Housing Showcase on the National Mall in Washington, D.C., September 22-24. The frameless design was enabled by the bipartisan 21st Century ROAD to Housing Act passed July 11, 2026, which eliminated the federal chassis mandate; ground-set capability allows lower-profile installation, multi-story construction and access to urban and suburban markets. The double grande suite floor plan targets multigenerational households, a segment Pew Research Center says covers about 22% of Americans, and which drove a record 17% of 2024 U.S. home purchases according to the National Association of Realtors. Cavco is co-exhibiting the home with UMH Properties, and CEO Bill Boor framed it as part of the company's push to meet buyer needs while keeping prices affordable.

•1mo ago

UMH PROPERTIES, INC. SECURES NEW FANNIE MAE MORTGAGE

UMH Properties secured a $10.2 million, 10-year interest-only Fannie Mae mortgage at a fixed rate of 6.03% for a 267-site community. The transaction pays off an existing $2.8 million loan, generating $7.4 million in additional proceeds after the company improved occupancy from 69% to 95%. Management intends to use the capital for acquisitions, expansions, rental homes and the repayment of higher interest debt.

•1mo ago

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2026

UMH Properties reported Q2 Total Income of $71.6 million, up 7% year-over-year, with Net Income jumping 75% to $4.4 million or $0.05 per diluted share. Normalized FFO increased 11% to $21.5 million, or $0.25 per share, driven by an 8.8% rise in Same Property NOI and a 110 basis point improvement in Same Property Occupancy to 89.4%. Management reaffirmed full-year Normalized FFO guidance of $0.98 to $1.04 per share and closed an ATM sale of Series D Preferred Stock, generating $7.2 million in net proceeds.

•2mo ago

UMH: 10-Q · periodic report

UMH Properties filed its Q2 2026 10-Q reporting net income attributable to common shareholders of $4.4 million, or $0.05 per share, up from $2.5 million, or $0.03, in the year-ago quarter, as rental and related income rose 9% to $61.1 million. Operating fundamentals strengthened, with same-property occupancy up 110 basis points to 89.4% on 5.3% rental rate increases. Community NOI grew 8% to $35.8 million and Normalized FFO rose to $21.5 million from $19.5 million a year earlier. Financing costs are a growing headwind: interest expense jumped 31% to $9.7 million in the quarter, average total debt reached $775.4 million at a 4.9% weighted average rate, and cash declined to $28.6 million from $72.1 million at year-end 2025. The company also disclosed a June 26, 2026 amendment to its 2021 Nuveen joint venture giving Nuveen the right, any time after December 31, 2027, to require UMH to purchase its 60% interest for cash equal to its capital contributions, approximately $41.7 million as of June 30, 2026.

SEC 10-Q•2mo ago

UMH PROPERTIES, INC. ANNOUNCES ZERO-DOWN PAYMENT LENDING PROGRAM FOR VETERANS

UMH Properties launched a zero-down payment lending program for qualified U.S. Veterans in partnership with Triad Financial Services. The program aims to facilitate homeownership in manufactured home communities, a segment typically excluded from standard VA loan considerations. UMH currently operates 145 manufactured home communities across 11 states with approximately 27,100 developed homesites.

•3mo ago

UMH: 8-K · earnings release

UMH Properties reported strong preliminary second-quarter results, achieving a record $11.4 million in home sales income, a 9.2% increase over the prior year. The company grew same-store rental and related income by 9.2% and increased net rental home occupancy by 139 units, reaching a 95.3% occupancy rate across its 11,200 rental homes. The company significantly bolstered its financial flexibility by amending its unsecured revolving credit facility to provide $260 million in availability with a $340 million accordion feature, totaling $600 million in potential capacity. This amendment lowered the applicable capitalization rate to 6.0% and reduced interest rates by 35 to 40 basis points, while also raising $7.6 million in gross proceeds through the sale of Series D Preferred stock. Management attributed the performance to strong demand in high-quality communities and expressed confidence in continued growth driven by a robust sales pipeline and available inventory. UMH plans to release its full second-quarter financial results on August 5, 2026.

SEC 8-K•3mo ago

UMH PROPERTIES, INC. SECOND QUARTER 2026 OPERATIONS UPDATE

UMH Properties reported strong preliminary operating results for the second quarter, with total rental income increasing 10.3% year-over-year and same-store income rising 9.2%. The company achieved a quarterly home sales record of $11.4 million, up 9.2% from the prior year, while net rental home occupancy grew by 139 units. The company strengthened its financial position by issuing approximately 353,000 shares of Series D Preferred stock for $7.6 million in gross proceeds. Additionally, UMH amended and extended its unsecured revolving credit facility, increasing total potential availability to $600 million and reducing interest rates by 35-40 basis points. Management highlighted strong demand and a growing sales pipeline, noting that 100 homes are currently ready for occupancy and another 300 are being set up. Full second quarter results are scheduled for release on August 5, 2026.

•3mo ago

UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS

UMH Properties declared a quarterly cash dividend of $0.225 per share on its common stock, payable September 15 to shareholders of record on August 17. The Board also declared a quarterly dividend of $0.3984375 per share on its 6.375% Series D Cumulative Redeemable Preferred Stock, payable on the same dates. UMH is a REIT that owns and operates 145 manufactured home communities and over 1,000 self-storage units across 11 states.

•3mo ago

UMH PROPERTIES, INC. ADDED TO RUSSELL 2000 VALUE-DEFENSIVE INDEX

UMH Properties was added to the Russell 2000 Value-Defensive Index effective after the market close on June 26, 2026, placing the company among smaller-cap, high-quality, and lower-volatility stocks. CEO Samuel Landy stated that the inclusion reflects the stability of the portfolio and is expected to increase visibility and broaden the shareholder base through index fund participation. The company currently owns and operates 145 manufactured home communities with approximately 27,100 developed homesites across 11 states, including joint venture interests with Nuveen Real Estate.

•3mo ago

UMH PROPERTIES, INC. WELCOMES THE 21ST CENTURY ROAD TO HOUSING ACT: A MAJOR BOOST FOR AFFORDABLE MANUFACTURED HOUSING

UMH Properties expressed strong support for the 21st Century ROAD to Housing Act, bipartisan legislation designed to expand the supply of affordable manufactured housing by modernizing federal standards and reducing costs. CEO Samuel Landy noted that key provisions, such as the removal of the permanent chassis requirement and updates to FHA Title I financing, will lower production costs and improve access to capital. With a portfolio of 145 communities and 27,100 homesites, UMH believes these regulatory reforms will accelerate industry growth and enhance its ability to develop communities across the Northeast, Southeast, and Midwest.

•4mo ago

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2026

UMH Properties reported Q1 2026 Total Income of $65.8 million, up 8% year-over-year, with Net Income of $2.6 million or $0.03 per diluted share compared to a loss in the prior year. Normalized FFO was $0.23 per share, flat against last year, driven by an 8% increase in Community NOI and a 110 basis point rise in same-property occupancy to 89.0%. The company tightened its full-year guidance for Normalized FFO to $0.98-$1.04 per share, raising the midpoint to $1.01, and closed a small ATM offering of Series D Preferred Stock for $1.5 million in net proceeds.

•5mo ago