UMH - Mergers and acquisitions

FREEHOLD, NJ, Oct. 07, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH, TASE: UMH)) closed on the acquisition of a manufactured home community, located in Albany, Georgia for a total purchase price of $2.6 million. This community contains 130 developed homesites, of which 32% are occupied. The community is situated on 43 acres. Samuel A. Landy, President and Chief Executive Officer, commented, "We are pleased to complete the acquisition of Albany Dunes, further expanding our footprint in the Georgia market. This community is less than two miles from our Opportunity Zone Fund's existing Georgia community, Mighty Oak, which should create efficiencies in our operation and result in g

FREEHOLD, NJ, July 02, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH, TASE: UMH)) closed on the acquisition of two manufactured home communities, located in Conowingo, Maryland, for a total purchase price of $14.625 million. These communities contain 191 developed homesites, of which 79% are occupied. They are situated on approximately 82 acres. Samuel A. Landy, President and Chief Executive Officer, commented, "We are pleased to complete the acquisition of Conowingo Court and Maybelle Manor, further expanding our footprint in the Maryland market. These two communities adjoin our existing Maryland community, Cinnamon Woods, which will create efficiencies in our operation, result

FREEHOLD, NJ, Jan. 19, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) today announced that it closed on the acquisition of a manufactured home community located in Albany, Georgia, for a total purchase price of $3.65 million through UMH's qualified opportunity zone fund. This brand-new community contains 118 developed homesites and is situated on approximately 26 acres. Samuel A. Landy, President and Chief Executive Officer, commented, "We are pleased to announce the acquisition of Mighty Oak, a newly-developed manufactured housing community located in Albany, Georgia. This is our first community located in Georgia and it further expands our footprint in the Southeast. Several m

FREEHOLD, NJ, Dec. 23, 2022 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) closed, through its joint venture, on the acquisition of a newly developed all-age, manufactured home community located in Sebring, Florida for a total purchase price of $15.1 million. This community contains 144 developed homesites. It is situated on approximately 20 acres. Samuel A. Landy, President and Chief Executive Officer, commented, "We are happy to announce the acquisition of Rum Runner, our second newly developed manufactured housing community through our joint venture with Nuveen Real Estate. This is a high-quality community, located in Sebring, with a clubhouse, fitness center, dog park, bocce ball

FREEHOLD, NJ, Dec. 15, 2022 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) closed on the acquisition of a manufactured home community, located in Jackson, New Jersey, for a total purchase price of $23 million. This community contains 260 developed homesites, of which 98% are occupied. It is situated on approximately 42 acres. Samuel A. Landy, President and Chief Executive Officer, commented, "We are pleased to complete the acquisition of Oak Tree Estates located in Jackson, New Jersey. It is very well located in a market with high rents and strong sales demand. The community is located near our corporate office and Southwind Village, which we have successfully operated for 53 years,

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 opportunity zone fund ("QOZF"). This community contains 186 developed homesites, of which approximately 42% are occupied. It is situated on approximately 39 acres in a qualified opportunity zone. Samuel A. Landy, President and Chief Executive Officer, commented, "We are pleased to announce the acquisition of our second South Carolina community. This community is well-located and will benefit from our proven business plan

FREEHOLD, NJ, July 14, 2022 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) closed on the acquisition of a manufactured home community located in Erie, Michigan. This community contains 351 developed homesites, of which approximately 63% are occupied. It is situated on approximately 88 acres. Samuel A. Landy, President and Chief Executive Officer, commented, "We are pleased to announce the acquisition of Hidden Creek manufactured home community located in Erie, Michigan. Hidden Creek is a high-quality community with significant upside through the infill of vacant sites. It is located within our existing geographic footprint in a market where we have had success implementing our busine

FREEHOLD, NJ, May 03, 2022 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) closed on the acquisition of a manufactured home community located in Butler, Pennsylvania for a total purchase price of $7.4 million. This community contains 132 developed homesites. It is situated on approximately 65 acres. Additionally, there are 38 entitled sites for future development and 18 sites that are owned by residents who pay a common area maintenance fee. Samuel A. Landy, President and Chief Executive Officer, commented, "We are pleased to announce the acquisition of Mandell Trails. This property is well-located near some of our best performing assets in western Pennsylvania. As we improve the comm

FREEHOLD, NJ, March 31, 2022 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) closed on the acquisition of a manufactured home community located in Monaca, Pennsylvania for a total purchase price of $5.8 million. This community contains 96 developed homesites. It is situated on approximately 18 acres. Samuel A. Landy, President and Chief Executive Officer, commented, "We are happy to announce the acquisition of this well-located community in Monaca, PA. This community is located near some of our communities that are at or near full occupancy and it complements our existing portfolio. We will implement our proven business plan in order to upgrade the community to UMH's standards. Our pl

FREEHOLD, NJ, Dec. 22, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) closed, through its joint venture with Nuveen Real Estate, on the acquisition of a newly developed all-age, manufactured home community located in Sebring, Florida for a total purchase price of $22.2 million. This community contains 219 developed homesites. It is situated on approximately 39 acres. Samuel A. Landy, President and Chief Executive Officer, commented, "We are happy to announce the acquisition of our first newly developed manufactured housing community through our joint venture with Nuveen Real Estate. This is UMH's first community in the Florida market. The demographics in Florida are exceptional

FREEHOLD, NJ, Jan. 08, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) announced that it closed on the acquisition of a manufactured home community located in Dothan, Alabama for a total purchase price of approximately $4.6 million. This community contains 195 developed homesites, of which approximately 37% are occupied. It is situated on approximately 33 acres.  Samuel A. Landy, President and Chief Executive Officer, commented, “UMH has performed exceptionally well during one of the most difficult economic cycles our country has ever experienced. Our rent collections have remained at or near pre-pandemic levels all year and demand for rentals and sales has been strong. This str