UMH PROPERTIES, INC. ANNOUNCES ACQUISITION OF A GEORGIA COMMUNITY
UMH Properties (NYSE: UMH) closed the acquisition of Albany Dunes in Albany, Georgia for $2.6 million on October 7, 2025. The community has 130 developed homesites on 43 acres with 42 occupied sites (32% occupancy). Albany Dunes sits less than two miles from UMH’s Opportunity Zone Fund community, Mighty Oak, which the company expects will create operational efficiencies and higher profitability.
UMH said it will apply a value-add upgrade plan to raise occupancy and property value. Year-to-date the company completed 5 acquisitions totaling 587 sites for $41.7 million. UMH owns and operates 145 communities with ~27,000 developed homesites and ~10,800 rental homes.
UMH Properties (NYSE: UMH) ha concluso l'acquisizione di Albany Dunes a Albany, Georgia per $2.6 milioni il 7 ottobre 2025. La comunità dispone di 130 lotti sviluppati su 43 acri con 42 siti occupati (32% di occupazione). Albany Dunes si trova a meno di due miglia dalla comunità del Opportunity Zone Fund di UMH, Mighty Oak, che l'azienda prevede aumenterà l'efficienza operativa e la redditività.
UMH ha dichiarato che applicherà un piano di upgrade per aumentare l'occupazione e il valore della proprietà. Nei primi nove mesi dell'anno la società ha completato 5 acquisizioni per un totale di 587 siti per 41,7 milioni di dollari. UMH possiede e gestisce 145 comunità con circa 27.000 lotti sviluppati e circa 10.800 case in affitto.
UMH Properties (NYSE: UMH) cerró la adquisición de Albany Dunes en Albany, Georgia por $2.6 millones el 7 de octubre de 2025. La comunidad cuenta con 130 terrenos desarrollados en 43 acres con 42 sitios ocupados (32% de ocupación). Albany Dunes se encuentra a menos de dos millas de la comunidad del Opportunity Zone Fund de UMH, Mighty Oak, que la empresa espera que genere eficiencias operativas y una mayor rentabilidad.
UMH dijo que aplicará un plan de mejoras de valor para aumentar la ocupación y el valor de la propiedad. En lo que va del año la empresa ha completado 5 adquisiciones por un total de 587 sitios por 41.7 millones de dólares. UMH posee y opera 145 comunidades con ~27,000 terrenos desarrollados y ~10,800 hogares en alquiler.
UMH Properties (NYSE: UMH)가 Albany Dunes를 조지아 주 애틀랜비에서 $2.6백만에 인수하는 것을 2025년 10월 7일 마쳤습니다. 이 커뮤니티는 43에이커의 130개 개발된 토지를 보유하고 있으며 42개 점유 사이트(점유율 32%)를 가지고 있습니다. Albany Dunes는 UMH의 Opportunity Zone Fund 커뮤니티 Mighty Oak에서 2마일 미만 떨어진 곳에 위치해 있어 운영 효율성과 수익성을 높일 것으로 회사는 기대합니다.
UMH는 점유율을 높이고 자산 가치를 높이기 위한 가치 추가 업그레이드 계획을 적용할 것이라고 밝혔습니다. 올해 들어 지금까지 5건의 인수를 587개 사이트에 4,170만 달러 규모로 완료했습니다. UMH는 145개 커뮤니티를 소유 및 운영하며 약 27,000개 개발된 토지와 약 10,800채의 임대주택을 보유하고 있습니다.
UMH Properties (NYSE: UMH) a clos l'acquisition de Albany Dunes à Albany, en Géorgie pour $2,6 millions le 7 octobre 2025. La communauté compte 130 terrains développés sur 43 acres avec 42 sites occupés (32% d'occupation). Albany Dunes se situe à moins de deux milles de la communauté Opportunity Zone Fund d'UMH, Mighty Oak, que la société s'attend à rendre plus efficaces opérationnellement et plus rentable.
UMH a déclaré qu'il appliquera un plan de valorisation pour accroître l'occupation et la valeur de la propriété. À ce jour cette année, la société a réalisé 5 acquisitions totalisant 587 sites pour 41,7 millions de dollars. UMH possède et exploite 145 communautés avec environ 27 000 terrains développés et environ 10 800 logements en location.
UMH Properties (NYSE: UMH) hat die Übernahme von Albany Dunes in Albany, Georgia für $2,6 Millionen am 7. Oktober 2025 abgeschlossen. Die Gemeinschaft verfügt über 130 entwickelte Grundstücke auf 43 Acres mit 42 belegten Standorten (32% Belegung). Albany Dunes liegt weniger als zwei Meilen von der von UMH geförderten Opportunity Zone Fund-Gemeinschaft Mighty Oak entfernt, von der das Unternehmen erwartet, dass sie operative Effizienz und höhere Profitabilität schafft.
UMH sagte, dass es einen Value-Add-Upgrades-Plan anwenden wird, um Belegung und Immobilienwert zu steigern. Year-to-date hat das Unternehmen 5 Übernahmen mit insgesamt 587 Standorten für 41,7 Mio. USD abgeschlossen. UMH besitzt und betreibt 145 Gemeinschaften mit ca. 27.000 entwickelten Standorten und ca. 10.800 Mietwohnungen.
UMH Properties (NYSE: UMH) أتمت إتمام استحواذها على Albany Dunes في ألباني، جورجيا بمقدار $2.6 مليون في 7 أكتوبر 2025. المجتمع لديه 130 موقعاً مطوراً على 43 فداناً مع 42 موقعاً مشغولاً (نسبة إشغال 32%). تقع Albany Dunes على بُعد أقل من ميلين من مجتمع UMH ضمن صندوق منطقة الفرصة، Mighty Oak، الذي تتوقع الشركة أن يخلق كفاءات تشغيلية وربحية أعلى.
قالت UMH إنها ستطبق خطة ترقية لإضافة قيمة لرفع نسبة الإشغال وقيمة الملكية. حتى تاريخه في العام الجاري أكملت الشركة 5 عمليات استحواذ بإجمالي 587 موقعاً مقابل 41.7 مليون دولار. تملك وتدير UMH 145 مجتمعاً بما يقارب 27,000 موقع مطور وبما يقارب 10,800 منزل للإيجار.
UMH Properties (NYSE: UMH) 已于 2025 年 10 月 7 日完成对位于乔治亚州 Albany 的 Albany Dunes 的收购，交易金额为 $2.6 百万美元。该社区拥有 130 个开发用地，位于 43 亩土地上，已有 42 个入驻点（入驻率 32%）。Albany Dunes 距 UMH 的 Opportunity Zone Fund 社区 Mighty Oak 少于两英里，公司预计这将带来运营效率提升与更高的盈利能力。
UMH 表示将执行一个增值升级计划，以提高入住率和资产价值。年初至今，该公司已完成 5 笔收购，总计 587 个地块，金额 4170 万美元。UMH 拥有并运营 145 个社区，大约 27,000 个开发用地 和大约 10,800 套出租房。
- Acquisition adds 130 developed homesites
- Purchase price of $2.6 million
- Community located <2 miles from existing Mighty Oak site
- Year-to-date 5 acquisitions totaling 587 sites for $41.7M
- UMH portfolio: 145 communities and ~27,000 sites
- Current occupancy at 32% (42 of 130 sites)
- Asset requires value-add upgrades to grow occupancy
Insights
UMH closed a small, value‑add manufactured‑home community for
UMH acquired a 43‑acre community with 130 developed homesites and 42 occupied sites (approximately Execution depends on successfully renovating units and raising occupancy without materially increasing operating costs; proximity to the existing community may create measurable operating efficiencies but also concentrates market exposure in that submarket. Key, disclosed metrics to watch include integration progress, occupancy gains after upgrades, and any additional acquisitions in the remainder of the year given the stated year‑to‑date run‑rate of five communities (587 sites) for
FREEHOLD, NJ, Oct. 07, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH; TASE: UMH) closed on the acquisition of a manufactured home community, located in Albany, Georgia for a total purchase price of
Samuel A. Landy, President and Chief Executive Officer, commented, “We are pleased to complete the acquisition of Albany Dunes, further expanding our footprint in the Georgia market. This community is less than two miles from our Opportunity Zone Fund’s existing Georgia community, Mighty Oak, which should create efficiencies in our operation and result in greater profitability.”
“Albany Dunes is a value-add community that contains 130 sites, of which 42 are currently occupied. We will implement our typical business plan of upgrading the community, which should result in growing occupancy rates and property level value over time.”
“Year-to-date, we have completed the acquisition of five communities, containing 587 sites, for a total purchase price of
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 145 manufactured home communities, containing approximately 27,000 developed homesites, of which 10,800 contain rental homes, and over 1,000 self-storage units. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida and Georgia. Included in the 145 communities are two communities in Florida, containing 363 sites, and one community in Pennsylvania, containing 113 sites, that UMH has an ownership interest in and operates through its joint venture with Nuveen Real Estate.
Contact: Nelli Madden
732-577-9997
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