UMH Properties posts investor presentation on manufactured housing community portfolio growth strategy

UMH Properties, Inc.

UMH Properties, Inc.

UMH

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  • UMH Properties outlined a growth plan centered on expanding manufactured home rentals, targeting 700-800 additional homes this year.
  • First-quarter 2026 rental and related income rose 9%; community NOI increased 8%; same-property community NOI gained 7%.
  • Portfolio occupancy improved to 88.6%; same-property occupancy increased to 89% from 87.9%.
  • Rental portfolio totaled about 11,200 units with 94.6% occupancy; average monthly site rent was USD 581.
  • Credit facility amendment set USD 260 million of available borrowings; accordion feature could lift potential availability to USD 600 million.


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