UMH News and Press, UMH Properties Inc. From 08/11/22

UMH Properties ( NYSE: UMH ) has acquired a manufactured home community located in Orangeburg, South Carolina for a purchase price of $5.2M through UMH's newly formed qualified opportunity zone fund. This community contains 186 developed homesites, of which approximately 4...

FREEHOLD, NJ, Aug. 10, 2022 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) today announced that it closed on the acquisition of a manufactured home community located in Orangeburg, South Carolina for a purchase price of $5,200,000 through UMH’s newly formed qualified opport...

UMH Properties Inc. (UMH) Q2 2022 Results Conference Call August 04, 2022 10:00 AM ET Company Participants Nelli Madden - VP, IR Samuel Landy - President, CEO Anna Chew - VP, CFO Brett Taft - VP, COO Eugene Landy - Chairman Conference Call Participa...

UMH Properties press release ( NYSE: UMH ): Q2 FFO of $0.16 misses by $0.04 . Revenue of $49.22M (+0.5% Y/Y) misses by $1.64M . “Our basic business of providing quality affordable housing is in high demand and fundamentally sound. We have a business plan...

FREEHOLD, NJ, Aug. 03, 2022 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) reported Total Income for the quarter ended June 30, 2022 of $49.2 million as compared to $49.0 million for the quarter ended June 30, 2021, representing an increase of 7%. Net Loss Attributable to Common Sh...

Passive income is a retirement savings cheat code. Capital appreciation comes and goes (ask growth investors this year), but dividend payments are cold hard cash that gets sent straight into your account. You can use them to reinvest in the source or use the cash on some other investment --...

We're approaching the halfway point of another newsworthy real estate earnings season with roughly 55 equity REITs representing 50% of the total market capitalization having reported results. Among the 43 REITs that have provided full-year Funds From Operations ("FFO") guidance, 30 RE...

UMH is currently subject to a few timing windows that are making earnings artificially much lower than true run rate. Our analysis looks into how and when full earnings will start to flow. Manufactured housing continues to experience strong demand as affordable housing is undersup...

FREEHOLD, NJ, July 26, 2022 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) today announced that on July 26, 2022, it completed its previously announced redemption of all 9,884,000 issued and outstanding shares of its 6.75% Series C Cumulative Redeemable Preferred Stock (the ȁ...

The 'Return to the Office' is here - but it's underwhelming. Despite 80% of employees currently in post-pandemic work arrangements, office utilization rates have remained 40-60% below pre-pandemic levels. Office leasing activity has remained surprisingly resilient at just 10% below pr...