other material
confidence high
sentiment positive
materiality 0.75
UMH Properties Q2 2026 ops update: rental income up 10.3%, home sales record $11.4M
UMH PROPERTIES, INC.
- Total rental and related income increased 10.3% YoY; same-store rental income up 9.2% for July 2026 vs July 2025.
- Home sales income rose 9.2% to $11.4M, a quarterly record; sales pipeline growing.
- Rented 193 new rental homes; net rental home occupancy up 139 units to 95.3% occupancy on ~11,200 homes.
- Issued ~353,000 Series D preferred shares at $21.61, gross proceeds $7.6M.
- Amended revolving credit line to $260M (with $340M accordion, total up to $600M); interest rate reduced ~35-40 bps; four-year term plus one-year option.