secwatch.observer — SEC 8-K summary
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Issuer:     UMH PROPERTIES, INC. (UMH)
CIK:        0000752642
Form:       8-K
Filed at:   2026-08-31T20:05:16+00:00
Accession:  0001493152-26-040820
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/752642/000149315226040820/0001493152-26-040820-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/752642/000149315226040820/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-040820

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