UMH Properties, Inc.

UMH Properties, Inc. is a public equity real estate investment trust (REIT) headquartered in Freehold, New Jersey. The company owns and operates a portfolio of 145 manufactured home communities, encompassing approximately 27,000 developed homesites, with over 10,800 containing rental homes. These communities are located in 12 states: New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama, South Carolina, Georgia, and Florida. Additionally, UMH has joint ventures with Nuveen Real Estate, owning and operating communities in Florida and Pennsylvania.

The company's investment strategy focuses on acquiring and managing manufactured home communities, aiming to provide stable income streams and long-term value appreciation. Over the past five years, UMH has expanded its portfolio by approximately 17%, increasing the number of communities from 124 to 145, and the number of homesites by about 15%, from approximately 23,400 to 27,000. The company has also increased its rental homes by approximately 33%, from around 8,100 to 10,800. Financially, UMH has demonstrated growth, with its total market capitalization rising by approximately 56%, from around $1.5 billion to $2.3 billion.

UMH Properties, Inc. has a history of recognizing the importance of affordable housing and has been honored with the Manufactured Housing Institute’s Community Operator of the Year Award multiple times, including in 2018, 2021, 2022, and 2024. This recognition reflects the company's commitment to innovation and advancement in the manufactured housing industry, as well as its dedication to providing quality affordable housing options across its communities.