UMH Properties, Inc., (NYSE: UMH) is a real estate investment trust (REIT) that owns and operates manufactured home communities. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, and Michigan. Manufactured home communities provide long-term appreciation, recession resistant qualities, and stable income streams. UMH has been in business since 1968, operating as a public company since 1985. We own a portfolio of 98 manufactured home communities, housing approximately 17,800 home sites. In addition, we own over 800 acres of land for the development of new sites.
UMH Celebrates 50 years on the NYSE
In 2017, UMH announced its celebration of 50 years on the New York Stock Exchange. While Eugene W. Landy founded the company, he also continues to lead the company as Chairman of the Board of UMH. He recently commented on the company’s success, stating:
“The Company is honored to celebrate its 50th Anniversary at the NYSE. We will be having our quarterly Board Meeting there, as well as a dinner reception attended by many of UMH’s close partners whose help has been instrumental in our long-term success. UMH is one of the oldest publicly-traded REITs in the world, and as the Founder of our Company, I could not be prouder of our many achievements. UMH’s total-return performance ranked third of all 180 REITs in 2016. The Company is very well positioned for continued outperformance in the years ahead.”
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UMH’s subsidiary, UMH Sales and Finance, sells manufactured homes into its community. Additionally, UMH Sales and Finance is licensed by the Pennsylvania Department of Banking, NMLS 200331.
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