UMH Properties secures $10.2M Fannie Mae mortgage at 6.03% for 267-site community

UMH PROPERTIES, INC.

New Fannie Mae mortgage closed Aug 28, 2026: $10.2M proceeds, 267 sites, fixed 6.03% rate, 10-year interest-only term.
Refinancing paid off existing $2.8M mortgage earlier this year, freeing ~$7.4M additional proceeds.
Proceeds earmarked for acquisitions, expansions, rental homes, and repaying higher-rate short-term debt.
CEO Landy notes community occupancy rose from 69% at 2014 acquisition to 95% now; expansion planned.

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