UMH Properties(US:UMH) Globenewswire·2026-01-05 12:00Core Viewpoint - UMH Properties, Inc. reported strong operational results for the fourth quarter and full year 2025, highlighting significant increases in occupancy, sales, and strategic acquisitions, demonstrating the effectiveness of its business plan [1][3]. Operational Performance - The company added 717 new rental homes in 2025, resulting in a total of approximately 11,000 rental homes with an occupancy rate of 93.8% [3]. - Same property occupancy increased by 354 units year-over-year, reaching 88.3% [3]. - Gross home sales revenue for Q4 was $9.2 million, an increase of 7% from $8.6 million in the same period last year, while total sales revenue for the year was approximately $36.3 million, up 8% from $33.5 million [3]. - Rental and related income for Q4 was $57.7 million, an 8% increase from $53.3 million last year, and for the year, it was $226.2 million, up 9% from $207.0 million [3]. Strategic Acquisitions and Refinancing - The company acquired five manufactured home communities for a total of $41.8 million, which included 587 developed homesites with an occupancy rate of 78% [3]. - A community in Albany, GA was purchased for $2.6 million, containing 130 developed homesites with 32% occupancy [3]. - UMH successfully refinanced 17 communities, generating proceeds of $193.2 million at a weighted average interest rate of 5.67%, which will be used for debt repayment, capital improvements, and stock buybacks [4]. Financial Position and Future Outlook - The company completed the sale of approximately $80.2 million of its 5.85% Series B Bonds due 2030, with proceeds allocated for working capital and corporate purposes [3]. - The refinancing efforts resulted in a valuation increase of $169 million, representing a 121% increase in value for the refinanced communities [4]. - The company anticipates continued earnings per share growth due to its strategic investments and operational performance [5].