secwatch.observer — SEC 8-K summary
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Issuer:     UMH PROPERTIES, INC. (UMH)
CIK:        0000752642
Form:       8-K
Filed at:   2025-12-02T23:59:59+00:00
Accession:  0001493152-25-025730
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UMH closes $91.8M Fannie Mae loan at 5.46%; communities appraised 98% above cost
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- Added seven manufactured home communities (1,765 sites) to Fannie Mae credit facility; total proceeds $91.8M.
- New loan at fixed rate of 5.46% with 9-year term, principal due December 2034; proceeds to fund acquisitions, expansions, and repay higher-rate debt.
- Certified appraisal valued the seven communities at $145.1M, or $82,000 per site, vs total investment of $73.2M, a 98% increase.
- Total outstanding under Fannie Mae facility now approximately $398.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/752642/000149315225025730/0001493152-25-025730-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/752642/000149315225025730/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-025730

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