UMH Properties (NYSE:UMH) is a self-administered real estate investment trust (REIT) that specializes in the ownership, operation, acquisition and development of manufactured home communities and recreational vehicle (RV) communities. The company’s business model centers on providing affordable housing solutions by offering land lease lots and home sales in well-maintained, amenity-rich settings. UMH Properties focuses on maximizing occupancy and enhancing tenant satisfaction through professional on-site management and ongoing community improvements.
The company generates revenue through rental lot fees, home sales and related community services. In addition to leasing lots for manufactured homes and RV units, UMH offers residents the opportunity to purchase new and pre-owned homes, benefiting from favorable financing programs arranged in partnership with home builders and financial institutions. Community amenities typically include clubhouse facilities, swimming pools, playgrounds and common area landscaping, all designed to foster a sense of neighborhood and support long-term tenant retention.
UMH Properties operates a diversified portfolio of communities located primarily across the Northeast and Midwest regions of the United States. Its presence spans multiple states, including New Jersey, Pennsylvania, Ohio, Michigan and Illinois, among others. This geographic diversification helps mitigate market-specific risks and allows the REIT to capitalize on demographic trends favoring affordable housing options in both suburban and semi-rural markets.
Headquartered in Freehold, New Jersey, UMH Properties was founded in 1968 and has grown its community count through strategic acquisitions and selective new developments. The company’s internally managed structure is overseen by an experienced executive team and board of directors that focus on disciplined capital allocation, operational efficiency and sustainable growth in shareholder value.
