Core Viewpoint - UMH Properties, Inc. will participate in the Department of Housing and Urban Development's annual Innovative Housing showcase, highlighting their commitment to innovative housing solutions [1] Company Overview - UMH Properties, Inc. is a public equity REIT established in 1968, owning and operating 136 manufactured home communities with approximately 25,800 developed homesites across several states including New Jersey, New York, and Ohio [3] Event Participation - The Innovative Housing Showcase will take place on June 7, 2024, in Washington, DC, marking UMH's fourth consecutive year of participation [1] Product Offerings - At the showcase, UMH will present two HUD code duplex models in collaboration with Cavco Industries, Inc. and Skyline Champion Corporation [2] - The 'UMH Tiny' model is a factory-built single section unit measuring 16' by 70', designed to create two one-bedroom, 500-square-foot dwellings [2] - The second model is a multi-section unit measuring 28' by 70', which can be divided into two two-bedroom, one-bath, 900-square-foot units, with one unit featuring solar shingles [2] Market Positioning - UMH aims to provide quality housing at lower monthly rents through duplex manufactured homes, catering to families wishing to live together while maintaining separate spaces [3] - The company emphasizes the importance of these homes in urban areas where increased density is necessary, promoting modern living arrangements that meet residents' needs [3]

FREEHOLD, NJ, June 03, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), today announced that the Company will attend the Department of Housing and Urban Development's annual Innovative Housing showcase for the 4th year in a row. The event kicks off with a Showcase Opening Ceremony at 9am on Friday, June 7, 2024, on the National Mall in Washington, DC. Samuel A. Landy, President and Chief Executive Officer, commented "At this year's Innovative Housing Showcase, UMH will be showcasing two ...

FREEHOLD, NJ, May 28, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), today announced that the Company will participate in Nareit's REITweek: 2024 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 4, 2024, 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 repl ...

Contact: Nelli Madden 732-577-4062 UMH's senior management team is scheduled to present on Tuesday, June 4, 2024, at 10:15 a.m. Eastern Time. FREEHOLD, NJ, May 28, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), today announced that the Company will participate in Nareit's REITweek: 2024 Investor Conference, to be held in New York City, at the New York Hilton Midtown. UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 136 manufactured home ...

Financial Data and Key Metrics Changes - Normalized FFO for Q1 2024 was $15 million or $0.22 per share, compared to $11.7 million or $0.20 per share for Q1 2023, representing a 10% increase per share [44] - Rental and related income for the quarter was $50.3 million, an increase of 11% from $45.3 million a year ago, primarily due to increased occupancy and rental rates [44][49] - Community NOI increased by 16% for the quarter from $26 million in 2023 to $30 million in 2024 [15] Business Line Data and Key Metrics Changes - The rental home portfolio now owns over 10,000 units, with a 95.1% occupancy rate, up from 93.7% year-over-year [50] - Same property income increased by 10%, while expenses grew only 3%, resulting in a 16% same property NOI growth [51] - The community expense ratio improved from 44.3% last year to 41.9% this year [39] Market Data and Key Metrics Changes - Overall occupancy increased by 220 basis points from 84.9% last year to 87.1% this year, with an increase of 598 units [49] - The company has 3,300 vacant sites to fill and 2,100 acres of land available for development, indicating strong growth potential in the affordable housing market [60][62] Company Strategy and Development Direction - The company aims to combat the affordable housing crisis by expediting the approval of new land lease communities and developing 800 new rental homes this year [17][60] - The focus remains on internal and external growth opportunities, with a strong balance sheet to support acquisitions and expansions [43][53] - The company is optimistic about the demand for affordable housing, with waiting lists for homes in many communities [62] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining occupancy rates between 94% to 95% and achieving 5% rent increases [4][39] - The company anticipates continued double-digit increases in operating income until vacant lots are filled, projecting a 5% rent increase annually [118] - Management highlighted the ongoing housing shortage and the need for increased production of affordable housing units [139] Other Important Information - Community operating expenses increased by 5% during the quarter, mainly due to payroll costs and real estate taxes [15] - The company has a total market capitalization of approximately $2.1 billion, reflecting a 12% increase from the previous year [77] - The weighted average interest rate on total debt decreased to 4.56% from 4.9% year-over-year [56] Q&A Session Summary Question: Can you talk about the acquisition pipeline today? - Management indicated that they are in due diligence for two properties in Maryland, with some issues being resolved that have delayed closing [86] Question: What are you seeing in terms of rental velocity and seasonality? - Management noted that while there may be seasonality, they are currently filling homes as quickly as they are available, with strong demand [87] Question: How do you feel about the average length of stay for tenants? - Management prefers longer tenancies as they reduce costs and provide stability, despite potential for higher rent increases with turnover [92] Question: What is the target for new home sales this year? - The target for new home sales is approximately $200 million, slightly above last year's figures [116] Question: How sustainable is the 16% same-store NOI growth? - Management believes that double-digit same-store NOI growth is sustainable due to ongoing occupancy increases and planned expansions [118]

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 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 | | Securities Portfolio Performance ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________ Commission File Number 001-12690 UMH PROPERTIES, INC. (Exact name of registrant as specified in its charter) Maryland 22-1890929 (State or other j ...

UMH Properties, Inc. (NYSE:UMH) Q4 2023 Earnings Conference Call February 29, 2024 10:00 AM ET Company Participants Craig Koster - Executive Vice President & General Counsel Samuel Landy - President & Chief Executive Officer Anna Chew - Executive Vice President & Chief Financial Officer Eugene Landy - Founder & Chairman Brett Taft - Executive Vice President & Chief Operating Officer Conference Call Participants Rob Stevenson - Janney Jeff Walkenhorst - Copeland Capital Management John Massocca - B. Riley Op ...

RIVER VALLEY ESTATES Marion, OH Forward Looking Statements 2 Expanding rental portfolio of approximately 10,000 units, an increase of 900 in the last 12 months; anticipation of additional homes as demand dictates 3 Financial information as of December 31, 2023. 2023 Accomplishments • Increased Normalized Funds from Operations ("Normalized FFO) by 16%; • Improved our Same Property expense ratio from 42.2% at yearend 2022 to 40.3% at yearend 2023; • Raised our quarterly common stock dividend by 2.5% to $0.205 ...

Exhibit 99 December 31, 2023 Supplemental Information n UMH Properties, Inc. Juniper Business Plaza 3499 Route 9 North Freehold, NJ 07728 Email: Phone: Website: www.umh.reit ir@umh.com (732) 577-9997 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 Income ...