UMH Properties (NYSE:UMH) is a publicly traded real estate investment trust (REIT) specializing in the ownership and operation of manufactured home communities. Listed on the New York Stock Exchange under the ticker UMH, the company focuses on providing affordable, land-lease residential options. Its portfolio primarily consists of single-family home sites that offer both rental lots and resident-owned manufactured homes, catering to a range of demographic groups seeking cost-effective housing solutions.
Founded in 1968, UMH Properties has evolved from a small regional operator into a well-established REIT. The company completed its conversion to REIT status in the late 1990s, enabling it to pursue growth through capital markets and strategic acquisitions. Over the decades, UMH has expanded its footprint through the purchase and development of high-quality manufactured home communities, enhancing infrastructure and amenities to drive long-term resident satisfaction and stable occupancy rates.
UMH’s portfolio spans across the eastern United States, with communities located in states such as New Jersey, Pennsylvania, Ohio, North Carolina, South Carolina, Virginia and Florida. Each community typically offers features such as on-site management, recreational facilities and utility arrangements designed to provide residents with a well-maintained living environment. The company’s geographically diverse holdings help mitigate local market fluctuations and position it to capitalize on growing demand for affordable housing in both urban and suburban markets.
Headquartered in Freehold, New Jersey, UMH Properties is supported by an executive leadership team and a board of directors with extensive experience in real estate operations, property management and capital allocation. The company’s management emphasizes disciplined acquisition criteria, professional community management and proactive infrastructure investment to sustain its competitive position within the manufactured housing sector. Through this approach, UMH aims to deliver consistent long-term value to both residents and shareholders.
