FREEHOLD, NJ, May 27, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH), today announced that the Company will participate in Nareit’s REITweek: 2025 Investor Conference, to be held in New York City, at the New York Hilton Midtown. UMH’s senior management team is scheduled to present on Tuesday, June 3, 2025, at 10:15 a.m. Eastern Time. The presentation will be available live via webcast and accessible on the Company’s website, www.umh.reit, in the Upcoming Events section. The webcast re ...

Core Viewpoint - UMH Properties, Inc. has successfully added ten communities with 2,001 sites to its Fannie Mae credit facility, securing approximately $101.4 million in proceeds to support further investments and debt repayment [1][2]. Group 1: Financial Details - The loan is an interest-only loan with a fixed rate of 5.855% and a 10-year term [1]. - The ten communities were appraised at $163.5 million, equating to $82,000 per site, while the total investment in these communities is approximately $66.6 million [2]. - The increase in value of these communities is $96.9 million, representing a 146% rise from the original cost basis [2]. Group 2: Business Strategy and Operations - The proceeds from the refinancing will be utilized for additional acquisitions, expansions, rental homes, and to repay higher interest rate debt on a short-term basis [1]. - UMH Properties operates 141 manufactured home communities with around 26,500 developed homesites, including 10,400 rental homes and over 1,000 self-storage units across multiple states [3]. - The company aims to provide additional affordable housing while generating significant long-term results for shareholders [3].

FREEHOLD, NJ, May 12, 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 Sustainability Report. It is now available on the Company’s website at www.umh.reit. Aaron Potter, Vice President of Sustainability and Urban Development, commented, “UMH’s approach to sustainability is grounded in our long-standing commitment to providing safe, high-quality, and affordab ...

The Buy Thesis UMH Properties (NYSE:UMH) offers an enticing combination of value and growth. Specifically, it has a greater than 5 year runway of double-digit organic growth, yet it trades at a steep discount to net asset value [NAV]. This discount places it at 17.5X forward AFFO which is far cheaper than other REITs with similar growth profiles. This article will discuss: Fundamentals of manufactured housing (MH) sector UMH’s growth pipeline What the market is missing in UMH’s value AFFO/share trajectory ...

UMH Properties (UMH) Q1 2025 Earnings Call May 02, 2025 10:00 AM ET Company Participants Craig Koster - Executive VP, General Counsel & SecretarySamuel Landy - President & CEOAnna Chew - EVP, CFO, Treasurer & DirectorEugene Landy - Founder & Chairman of the BoardGaurav Mehta - Managing DirectorBrett Taft - Executive VP & COORob Stevenson - Managing Director - Head of Real Estate ResearchCraig Kucera - MD - Equity ResearchMerrill Ross - REIT research Conference Call Participants John Massocca - Senior Resear ...

UMH Properties (UMH) Q1 2025 Earnings Call May 02, 2025 10:00 AM ET Speaker0 Good morning, and welcome to Properties First Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mode. Please note this event is being recorded. It is now my pleasure to introduce your host, Mr. Craig Coster, Executive Vice President and General Counsel. Mr. Coster, you may begin. Speaker1 Thank you very much, operator. In addition to the 10 Q that we filed with the SEC yesterday, we have f ...

WELLINGTON ESTATES, Export, PA Acquired in 2017 Forward Looking Statements Certain statements contained in this presentation that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements provide our current expectations or forecasts of future events. Forward-looking statements include statements about the Company's expectations, beliefs, in ...

Core Viewpoint - UMH Properties, Inc. reported a solid first quarter of 2025 with increased total income and improved financial metrics, reflecting the strength of its long-term business plan and operational resilience [2][7]. Financial Performance - Total Income for Q1 2025 was $61.2 million, up 6% from $57.7 million in Q1 2024 [2][4]. - Net Loss Attributable to Common Shareholders for Q1 2025 was $271,000 or $0.00 per diluted share, compared to a net loss of $6.3 million or $0.09 per diluted share in Q1 2024 [2][4]. - Funds from Operations (FFO) for Q1 2025 was $18.2 million or $0.22 per diluted share, a 10% increase from $14.0 million or $0.20 per diluted share in Q1 2024 [3][4]. - Normalized FFO for Q1 2025 was $18.8 million or $0.23 per diluted share, up 5% from $15.0 million or $0.22 per diluted share in Q1 2024 [3][4]. Operational Highlights - Same-property occupancy increased by 113 sites from year-end 2024, totaling 94.6% occupancy at the end of Q1 2025 [7]. - The company converted 109 new homes from inventory to revenue-generating rental homes, expanding its rental portfolio to approximately 10,400 homes [7]. - Gross sales revenue for home sales reached $6.7 million, with expectations for growth as the peak selling season approaches [7]. Acquisitions and Growth Strategy - The company acquired two fully occupied communities in New Jersey for approximately $24.6 million, enhancing its portfolio [8]. - Two additional communities in Maryland, containing 191 sites, are under contract for a total purchase price of $14.6 million, expected to close in Q2 2025 [7][8]. Dividend and Shareholder Returns - The annual dividend was increased for the fifth consecutive year to $0.90 per share, reflecting a total increase of $0.18 or 25% over the past five years [7][8]. - The company issued approximately 515,000 shares of common stock, generating gross proceeds of $9.4 million, and approximately 49,000 shares of Series D Preferred Stock, generating gross proceeds of $1.1 million [8]. Full Year Guidance - The company maintains its full-year 2025 guidance for normalized FFO in the range of $0.96-$1.04 per diluted share, with a midpoint expectation of $1.00 per diluted share [7][20].

UMH Properties (UMH) came out with quarterly funds from operations (FFO) of $0.23 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.22 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $0.24 per share when it actually produced FFO of $0.24, delivering no surprise.Over the last four quarters, the company has surpassed consensus FFO estimates just once.UMH, which belong ...

Exhibit 99 | Table of Contents | | | --- | --- | | | Page | | Financial Highlights | 3 | | Consolidated Balance Sheets | 4 | | Consolidated Statements of Income (Loss) | 5 | | Consolidated Statements of Cash Flows | 6 | | Reconciliation of Net Income (Loss) to Adjusted EBITDA excluding Non-Recurring Other Expense and Net Loss Attributable to Common | | | Shareholders to FFO and Normalized FFO | 7 | | Market Capitalization, Debt and Coverage Ratios | 8 | | Debt Analysis | 9 | | Debt Maturity | 10 | | Securit ...