UMH Properties announced that it secured a new Fannie Mae mortgage for one of its communities containing 267 sites, through Wells Fargo Bank for total proceeds of approximately $10.2M. This interest-only loan is at a fixed rate of 6.03% with a 10-year term. Earlier this year, we paid off the existing $2.8M mortgage on this community, generating $7.4M in additional proceeds. The proceeds will be used to invest in additional acquisitions, expansions, rental homes and repay higher interest rate debt on a short-term basis.

7/8 17:00

UMH Properties Launches Zero-Down Loan Program

UMH Properties announced a new lending promotion through its COP program with Triad Financial Services, that offers zero-down payment lending options for qualified United States Veterans.

5/28 16:50

UMH Properties CFO Anna Chew Announces Retirement

UMH Properties announced that effective Monday, June 1, Anna Chew, executive VP, CFO and treasurer, has elected to retire after 35 years with the company, including over 31 years as CFO. Although Chew will retire as CFO, she will remain an employee with UMH in an advisory role to support a transition of the CFO responsibilities. Chew will also remain a member of the company's board of directors. Kevin Miller has been named by the board as Chew's successor as CFO to take effect on June 1, upon Chew's retirement. Miller has been serving as the CFO of the UMH OZ Fund.

5/21 07:40

Erez Asset Management Withholds Support for UMH Board Member

UMH Properties shareholder Erez Asset Management, which owns approximately 4% of the outstanding shares of UMH Properties, issued a letter to fellow shareholders announcing its intention to withhold support from Presiding Independent Director Matthew Hirsch at UMH's 2026 Annual Meeting of Shareholders scheduled to be held on May 27. In the letter, Erez notes that Institutional Shareholder Services, or ISS, has recommended that shareholders withhold votes from Hirsch in 2026, as it did each of the last three times he stood for election. "UMH owns valuable assets in one of the most attractive real estate sectors, but shareholders have endured persistent underperformance because an entrenched and conflicted Board of Directors has refused to hold management accountable," said Bruce Schanzer, Chairman and Chief Investment Officer of Erez. "By withholding support from Matthew Hirsch, shareholders can send a clear message to the UMH Board that the status quo is no longer acceptable."

5/11 17:20

UMH Properties Files Automatic Mixed Securities Shelf

UMH Properties files automatic mixed securities shelf

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