UMH PROPERTIES, INC. PUBLISHES ITS 2024 ANNUAL REPORT
UMH Properties (NYSE:UMH, TASE:UMH), a real estate investment trust focused on manufactured home communities, has released its 2024 Annual Report on their website www.umh.reit.
Sentiment and the balance of points
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Rhea-AI Summary
UMH Properties (NYSE:UMH, TASE:UMH), a real estate investment trust focused on manufactured home communities, has released its 2024 Annual Report on their website www.umh.reit. The company, established in 1968, currently manages 139 manufactured home communities with approximately 26,300 developed homesites.
Of these sites, 10,300 contain rental homes, and the portfolio includes over 1,000 self-storage units. The communities span across multiple states including New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida, and Georgia. Two communities in Florida, comprising 363 sites, are operated through a joint venture partnership with Nuveen Real Estate.
Positive
- Large portfolio of 139 manufactured home communities with 26,300 homesites
- Diverse geographical presence across 12 states
- Additional revenue stream from 1,000+ self-storage units
- Strategic partnership with Nuveen Real Estate in Florida
Negative
- None.
Details
News Market Reaction – UMH
The recorded move for UMH in the trading session of this news was +1.42%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FREEHOLD, NJ, March 19, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced today that it has published its 2024 Annual Report. It is now available on the Company’s website at www.umh.reit.
Samuel A. Landy, President and Chief Executive Officer, commented, "We are proud to announce that our 2024 Annual Report is now available on our website. We encourage everyone to read our Annual Report to gain further information on our Company and our future outlook.”
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 139 manufactured home communities, containing approximately 26,300 developed homesites, of which 10,300 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 139 communities are two communities in Florida, containing 363 sites, that UMH has an ownership interest in and operates through its joint venture with Nuveen Real Estate.
Contact: Nelli Madden
732-577-4062
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