UMH PROPERTIES, INC. THIRD QUARTER 2025 OPERATIONS UPDATE
UMH Properties (NYSE:UMH) has released its Q3 2025 operations update, highlighting significant growth across multiple metrics. The company converted 223 new homes to rental properties in Q3, bringing the year-to-date total to 528. With approximately 10,800 rental homes maintaining a strong 94.1% occupancy rate, UMH achieved a 10% increase in rental and related charges to $57.7 million.
The company reported $9.2 million in gross home sales, a 5% year-over-year increase, reaching $10 million when including their Honey Ridge joint venture. UMH also acquired two communities in Maryland for $14.6 million, completed an $80.2 million bond offering in Israel, and raised additional capital through ATM programs. Same-property occupancy improved to 88.5%, with October 2025 rental charges showing a 12% year-over-year increase.
UMH Properties (NYSE:UMH) ha pubblicato l’aggiornamento operativo del terzo trimestre 2025, evidenziando una crescita significativa in molte metriche. Nel trimestre l’azienda ha convertito 223 nuove abitazioni in proprietà in affitto, portando il totale da inizio anno a 528. Con circa 10.800 abitazioni in affitto e una solida occupazione del 94,1%, UMH ha registrato un aumento del 10% delle entrate provenienti da affitti e oneri correlati, a 57,7 milioni di dollari.
L’azienda ha riportato 9,2 milioni di dollari di vendite lorde di abitazioni, in aumento del 5% su base annua, raggiungendo 10 milioni includendo la joint venture Honey Ridge. UMH ha inoltre acquisito due comunità nel Maryland per 14,6 milioni di dollari, completato un’emissione obbligazionaria da 80,2 milioni di dollari in Israele e ottenuto ulteriore capitale tramite programmi ATM. L’occupazione delle proprietà comparabili è migliorata all’88,5%, con un incremento anno su anno delle entrate di affitto a ottobre 2025 pari al 12%.
UMH Properties (NYSE:UMH) ha publicado su actualización operativa del tercer trimestre de 2025, destacando un crecimiento significativo en varios indicadores. En el tercer trimestre la compañía convirtió 223 nuevas viviendas en propiedades en alquiler, elevando el total acumulado del año a 528. Con aproximadamente 10.800 viviendas en alquiler y una sólida tasa de ocupación del 94,1%, UMH logró un aumento del 10% en ingresos por alquiler y cargos relacionados, a 57,7 millones de dólares.
La empresa reportó 9,2 millones de dólares en ventas brutas de viviendas, un incremento interanual del 5%, alcanzando 10 millones cuando se incluye su empresa conjunta Honey Ridge. UMH también adquirió dos comunidades en Maryland por 14,6 millones de dólares, completó una emisión de bonos de 80,2 millones de dólares en Israel y obtuvo capital adicional a través de programas ATM. La ocupación en las mismas propiedades mejoró al 88,5%, con un incremento interanual del 12% en los cargos de alquiler de octubre de 2025.
UMH Properties (NYSE:UMH)가 2025년 3분기 운영 업데이트를 발표하며 여러 지표에서 significant growth를 강조했습니다. 3분기에는 임대 목적으로 전환된 신규 주택 223채를 기록했고 연초 대비 누계는 528채로 증가했습니다. 약 임대 주택 10,800채를 보유하고 있어 점유율 94.1%의 강한 상태를 유지하며, 임대 및 관련 비용은 10% 증가해 $57.7 million에 달했습니다.
또한 $9.2 million의 주택 매출 총이익을 보고했고 전년 대비 5% 증가했으며 Honey Ridge 합작투자를 포함하면 총 10 million에 도달합니다. UMH는 메릴랜드주에서 두 개의 커뮤니티를 $14.6 million에 취득했고, 이스라엘에서 $80.2 million의 채권 발행을 완료했으며 ATM 프로그램을 통해 추가 자금을 조달했습니다. 동일 자산의 점유율은 88.5%로 개선되었고 2025년 10월 임대료는 전년 동기 대비 12% 증가를 보였습니다.
UMH Properties (NYSE:UMH) a publié sa mise à jour opérationnelle du T3 2025 en soulignant une croissance significative sur plusieurs indicateurs. Au T3, l’entreprise a converti 223 nouvelles maisons en propriétés locatives, ce qui porte le total cumulé de l’année à 528. Avec environ 10 800 logements locatifs et un fort taux d’occupation de 94,1%, UMH a enregistré une augmentation de 10% des loyers et des charges associées, atteignant 57,7 millions de dollars.
La société a annoncé 2,9 millions de dollars de ventes brutes de maisons, en hausse de 5% sur un an, atteignant 10 millions lorsque l’on inclut sa coentreprise Honey Ridge. UMH a également acquis deux communautés dans le Maryland pour 14,6 millions de dollars, mené à bien une émission obligataire de 80,2 millions de dollars en Israël et levé des fonds supplémentaires via des programmes ATM. L’occupation des propriétés comparables s’est améliorée à 88,5%, avec une hausse de 12% des charges de location en octobre 2025 sur une base annuelle.
UMH Properties (NYSE:UMH) hat sein Betriebsupdate für das dritte Quartal 2025 veröffentlicht und dabei signifikantes Wachstum in mehreren Kennzahlen hervorgehoben. Im dritten Quartal hat das Unternehmen 223 neue Häuser in Mietobjekte umgewandelt, wodurch die Jahresbilanz bis dato auf 528 steigt. Mit ca. 10.800 Mietwohnungen und einer starken Belegungsquote von 94,1% verzeichnete UMH eine 10%-ige Steigerung der Miet- und damit verbundenen Einnahmen auf 57,7 Mio. USD.
Das Unternehmen meldete 2,9 Mio. USD Brutto-Verkäufe von Häusern, ein Jahresanstieg von 5%, der inklusive der Honey Ridge-Joint-Venture 10 Mio. USD erreicht. Zudem hat UMH zwei Gemeinden in Maryland für 14,6 Mio. USD erworben, eine 80,2 Mio. USD Bond-Emissi in Israel abgeschlossen und zusätzlich Kapital über ATM-Programme aufgenommen. Die Belegung gleicher Objekte stieg auf 88,5%, wobei die Mieteinnahmen im Oktober 2025 im Jahresvergleich um 12% zunahmen.
UMH Properties (NYSE:UMH) أصدرت تحديث العمليات للربع الثالث من 2025، مع إبراز نمو ملحوظ في مقاييس متعددة. في الربع الثالث، حولت الشركة 223 منزلًا جديدًا إلى ممتلكات للإيجار، ليصل الإجمالي حتى تاريخه للسنة إلى 528. وبوجود نحو 10,800 منزل للإيجار وبمعدل إشغال قوي يبلغ 94.1%، حققت UMH زيادة قدرها 10% في الإيجارات والرسوم المرتبطة إلى 57.7 مليون دولار.
وأبلغت الشركة عن 9.2 مليون دولار من إجمالي مبيعات المنازل، بزيادة قدرها 5% على أساس سنوي، لتصل إلى 10 ملايين دولار عند احتساب مشروع honey ridge المشترك. كما اشترت UMH مجتمعين في ماريلاند بمبلغ 14.6 مليون دولار، وأتمت إصدار سندات بقيمة 80.2 مليون دولار في إسرائيل وجمعت رأس مال إضافي عبر برامج ATM. كما تحسن الإشغال في نفس الممتلكات ليصل إلى 88.5%، مع تسجيل إيجارات أكتوبر 2025 ارتفاعًا سنويًا بمقدار 12%.
UMH Properties (NYSE:UMH) 已发布其2025年第三季度运营更新，显示多项指标显著增长。该季度公司将223套新住房转为出租物业，年初至今累计为528套。在约10,800套出租房产的情况下，保持强劲的94.1%入住率，租金及相关费用实现10%的增幅，达到5,77千万美元。
公司报告显示住房总销售额为920万美元，同比增长5%，若将Honey Ridge合资企业计入，则达到1000万美元。此外，UMH在马里兰州收购了两处社区，金额为1460万美元，在以色列完成了一笔8020万美元的债券发行，并通过ATM计划筹集了额外资金。同物业的入住率提升至88.5%，2025年10月的租金同比增长为12%。
- Rental home occupancy remains strong at 94.1%
- Same-property occupancy increased by 132 units in Q3
- Home sales revenue increased 14% year-over-year to $10 million including joint venture
- Rental and related charges increased 10.1% to $57.7 million
- Successfully raised $80.2 million through 5.85% Series B Bonds
- Strategic acquisition of two communities for $14.6 million expanding portfolio
- Recently acquired Maryland communities show relatively low 79% occupancy rate
- Additional share issuance through ATM program may cause dilution
Insights
UMH reports solid Q3 growth with rising occupancy, sales, and rental income; strategic capital deployment positions it for continued expansion.
UMH Properties delivered strong operational performance in Q3 2025, with metrics pointing to healthy fundamentals across its manufactured housing portfolio. The company converted 223 new homes from inventory to revenue-generating rental units, bringing year-to-date conversions to 528 and maintaining a robust 94.1% rental home occupancy rate. Same-property occupancy increased by 132 units quarter-over-quarter, reaching 88.5% - a sign of strengthening demand in existing communities.
Home sales showed promising momentum, with gross revenue of
The company's rental income stream continues to strengthen, with same-property rental and related charges increasing by
On the capital allocation front, UMH acquired two communities in Maryland for
With approximately 410 homes on-site (130 ready for occupancy and 280 being installed), UMH is well-positioned to continue its occupancy growth into 2026. The company appears on track to meet its annual goal of adding 700-800 new rental homes, which should drive continued revenue and earnings growth as these units are absorbed.
FREEHOLD, NJ, Oct. 01, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH; TASE: UMH), a real estate investment trust (REIT) specializing in the ownership and operation of manufactured home communities, is providing investors with an update on the third quarter of 2025 operating results:
- We converted 223 new homes from inventory to revenue generating rental homes. Year-to-date, we have converted 528 new homes from inventory to revenue generating rental homes. UMH now owns approximately 10,800 rental homes with an occupancy rate of
94.1% . - Same Property occupancy increased by 132 units during the third quarter and 357 units over the same period last year to
88.5% . - We achieved gross home sales revenue of
$9.2 million compared to$8.7 million last year, representing an increase of approximately5% . Additionally, we achieved gross home sales revenue of approximately$800,000 at Honey Ridge, our recently opened community owned through our joint venture with Nuveen Real Estate. Including these sales, sales for the third quarter were approximately$10 million , representing an increase of14% over last year. - Our occupancy gains and rent increases achieved throughout 2024 and thus far in 2025 have increased our same property October 2025 rental and related charges by approximately
10% over October 2024 and our total charges by12% . Rental and related charges, including our joint ventures, for the third quarter were approximately$57.7 million compared to$52.4 million last year, representing an increase of approximately10.1% . - We closed on the acquisition of two manufactured home communities, located in Conowingo, Maryland, for a total purchase price of
$14.6 million . These communities contain 191 developed homesites, of which79% are occupied. They are situated on approximately 82 acres. - We completed the sale to investors in Israel of approximately
$80.2 million of5.85% Series B Bonds due 2030. The net proceeds of the offering will be used for working capital and general corporate purposes. - We issued and sold approximately 290,000 shares of Common Stock through our At-the-Market sale program at a weighted average price of
$16.44 per share, generating gross proceeds of$4.8 million . Through the Preferred At-the-Market sale program, we issued and sold approximately 3,300 shares at a weighted average price of$23.00 per share, generating gross proceeds of approximately$75,000. Currently, the Common Stock ATM and Preferred Stock ATM are shut down.
Samuel A. Landy, President and CEO of UMH Properties, Inc., stated “UMH continues to execute on its business plan, which is resulting in increased sales, occupancy and overall operating results. As we deploy recently raised capital into new rental homes, expansions, community acquisitions and retail financing, we anticipate our earnings per share to rise accordingly. We have a long-term proven track record of delivering earnings growth and value for our shareholders. Over the past 5 years, we have increased our dividend by
“During the quarter, we converted 223 new homes from inventory to revenue generating rental homes. Our pace of rental home conversions has increased throughout the year and we believe we are on track to meet our goal of adding 700 to 800 new rental homes. Our rental home occupancy rate remains strong at
“Sales continue to demonstrate growth with a
“We currently have approximately 130 homes on site and ready for occupancy and an additional 280 homes on site that are currently being installed. This inventory will allow us to continue our occupancy growth for the remainder of the year and into next year.
“We look forward to continued sales and occupancy growth throughout the year.”
It should be noted that the financial information set forth above reflects our preliminary estimates with respect to such information, based on information currently available to management, and may vary from our actual financial results as of and for the third quarter ended September 30, 2025. UMH’s final third quarter results will be released on Monday, November 3, 2025, after the close of trading on the New York Stock Exchange and will be available on the Company’s website at www.umh.reit, in the Financials section. Senior management will discuss the results, current market conditions and future outlook on Tuesday, November 4, 2025, at 10:00 a.m. Eastern Time.
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 144 manufactured home communities containing approximately 26,900 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 144 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.
Certain statements included in this press release which are not historical facts may be deemed forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements are based on the Company’s current expectations and involve various risks and uncertainties. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the Company can provide no assurance those expectations will be achieved. The risks and uncertainties that could cause actual results or events to differ materially from expectations are contained in the Company’s annual report on Form 10-K and described from time to time in the Company’s other filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.
Contact: Nelli Madden
732-577-4062
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