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Overview
UMH Properties is a real estate investment trust (REIT) that focuses on the ownership and operation of manufactured home communities. The company was founded in 1968 and is headquartered in Freehold, New Jersey. As of 2021, UMH Properties owns and operates 127 manufactured home communities, consisting of over 24,000 developed homesites. These communities are located in seven states in the Northeast and Midwest regions of the United States. UMH Properties specializes in the acquisition, development, and management of affordable and high-quality manufactured home communities. Their goal is to provide residents with a safe and comfortable living environment, while also providing investors with stable and growing returns. The companyβs revenue comes from the leasing of homesites to tenants, as well as from the sale of homes and other related services. UMH Propertiesβ long-term strategy includes expanding their portfolio through acquisitions and developing new communities. In addition to its core business, UMH Properties also actively participates in philanthropic efforts, including donating homes to families in need and supporting various charitable organizations. Overall, UMH Properties is a reputable and successful company within the manufactured home community industry, and has a strong track record of providing affordable housing options for residents while creating value for investors.
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