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| logo_size = 150px
| logo_size = 150px
| type = [[Public company]]
| type = [[Public company]]
| traded_as = {{nyse|UMH}}<br>[[Russell 2000 Index|Russell 2000 Component]]
| traded_as = {{New York Stock Exchange|UMH}}<br>[[Russell 2000 Index]] Component
| foundation = {{Start date and age|1968}}
| foundation = {{Start date and age|1968}}
| founder = Eugene W. Landy
| founder = Eugene W. Landy
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| equity = {{increase}} $0.421 billion (2017)
| equity = {{increase}} $0.421 billion (2017)
| num_employees = 340 (2017)
| num_employees = 340 (2017)
| homepage = {{url|http://www.umh.com/}}
| homepage = {{URL|http://www.umh.com/}}
| footnotes = <ref name=10K>{{cite web | url=https://www.sec.gov/Archives/edgar/data/752642/000149315218003093/form10-k.htm | title=UMH Properties, Inc. 2017 Form 10-K Annual Report | publisher=[[U.S. Securities and Exchange Commission]]}}</ref>
| footnotes = <ref name=10K>{{cite web | url=https://www.sec.gov/Archives/edgar/data/752642/000149315218003093/form10-k.htm | title=UMH Properties, Inc. 2017 Form 10-K Annual Report | publisher=[[U.S. Securities and Exchange Commission]]}}</ref>
}}
}}
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In 2006, the company changed its name from United Mobile Homes, Inc. to UMH Properties, Inc.
In 2006, the company changed its name from United Mobile Homes, Inc. to UMH Properties, Inc.


In 2013, the company acquired a property in [[Cleveland, Ohio]] for $4.35 million.<ref>{{cite news | url=http://www.costar.com/News/Article/UMH-Pays-$43M-for-Twin-Oaks-Mobile-Home-Park/144473 | title=UMH Pays $4.3M for Twin Oaks Mobile Home Park | first=Elliot | last=Upin | work=[[CoStar Group]] | date=January 9, 2013}}</ref>
In 2013, the company acquired Holiday Mobile Village in [[Nashville, Tennessee]] for $7.25 million.<ref>{{cite press release | url=https://www.prnewswire.com/news-releases/umh-properties-inc-announces-new-acquisition-201112901.html | title=UMH Properties, Inc. Announces New Acquisition | publisher=[[PR Newswire]] | date=April 2, 2013}}</ref>


In 2014, the company acquired 4 properties near [[Pittsburgh]] for $12.2 million<ref>{{cite news | url=http://www.costar.com/News/Article/UMH-Properties-Completes-$122M-Acquisition-of-Mobile-Home-Portfolio/162700 | title=UMH Properties Completes $12.2M Acquisition of Mobile Home Portfolio | first=Carmalita | last=Ware | work=[[CoStar Group]] | date=July 30, 2014}}</ref><ref>{{cite news | url=https://www.bizjournals.com/pittsburgh/news/2014/07/16/umh-properties-acquisition.html | title=UMH Properties Inc. buys 4 manufactured home communities in region | first=Tim | last=Schooley | work=[[American City Business Journals]] | date=July 16, 2014}}</ref> and 2 properties in Ohio for $5.4 million.<ref>{{cite news | url=http://www.costar.com/News/Article/New-Acquisition-for-UMH-Properties/162791 | title=New Acquisition for UMH Properties | first=Tai | last=Harley | work=[[CoStar Group]] | date=August 1, 2014}}</ref>
In 2014, the company acquired 4 properties near [[Pittsburgh]] for $12.2 million<ref>{{cite news | url=https://njbiz.com/reit-purchases-four-pa-home-communities-2/ | title=REIT purchases four Pa. home communities | first=Eric | last=Strauss | work=NJBiz | date=July 16, 2014}}</ref><ref>{{cite news | url=https://www.bizjournals.com/pittsburgh/news/2014/07/16/umh-properties-acquisition.html | title=UMH Properties Inc. buys 4 manufactured home communities in region | first=Tim | last=Schooley | work=[[American City Business Journals]] | date=July 16, 2014}}</ref> and 2 properties in Ohio for $5.4 million.<ref>{{cite news | url=https://rebusinessonline.com/umh-properties-acquires-two-mobile-home-parks-in-ohio-for-5-4m/ | title=UMH PROPERTIES ACQUIRES TWO MOBILE HOME PARKS IN OHIO FOR $5.4M | work=RE Business Online | date=July 30, 2014}}</ref>


In 2015, the company acquired 3 properties in Ohio and Michigan from [[Sun Communities]] for $32.5 million.<ref>{{cite news | url=http://www.costar.com/News/Article/UMH-Properties-Pays-$325-Million-for-Manufactured-Housing-Communities/174724 | title=UMH Properties Pays $32.5 Million for Manufactured Housing Communities | first=Kamal | last=Yakteen | work=[[CoStar Group]] | date=August 24, 2015}}</ref>
In 2015, the company acquired 3 properties in Ohio and Michigan from [[Sun Communities]] for $32.5 million.<ref>{{cite news | url=https://www.multifamilybiz.com/News/6395/UMH_Properties_Acquires_Three_Manufactured_Home_Co... | title=UMH Properties Acquires Three Manufactured Home Communities for $32.5 Million | work=Multifamily Biz | date=August 21, 2015}}</ref>


In 2016, the company acquired 2 properties in Ohio for $3 million.<ref>{{cite press release | url=https://www.prnewswire.com/news-releases/umh-properties-inc-completes-acquisition-of-two-ohio-communities-300321847.html | title=UMH Properties, Inc. Completes Acquisition Of Two Ohio Communities | publisher=[[PR Newswire]] | date=September 1, 2016}}</ref>
In 2016, the company acquired 2 properties in Ohio for $3 million.<ref>{{cite press release | url=https://www.prnewswire.com/news-releases/umh-properties-inc-completes-acquisition-of-two-ohio-communities-300321847.html | title=UMH Properties, Inc. Completes Acquisition Of Two Ohio Communities | publisher=[[PR Newswire]] | date=September 1, 2016}}</ref>

Revision as of 01:05, 4 February 2019

UMH Properties, Inc.
Company typePublic company
NYSE: UMH
Russell 2000 Index Component
Founded1968; 56 years ago (1968)
FounderEugene W. Landy
HeadquartersFreehold Township, New Jersey
Key people
 Eugene W. Landy, Chairman
Samuel A. Landy, President & CEO
Anna T. Chew, CFO
RevenueIncrease $0.112 billion (2017)
Increase $0.012 billion (2017)
Total assetsIncrease $0.823 billion (2017)
Total equityIncrease $0.421 billion (2017)
Number of employees
340 (2017)
Websitewww.umh.com
Footnotes / references
[1]

UMH Properties, Inc. (formerly United Mobile Homes Inc.) is a real estate investment trust that invests in manufactured housing communities. As of December 31, 2017, the Company owned and operates 112 manufactured housing communities.[1]

History

The company was founded in 1968 by Eugene W. Landy.[2]

In 2006, the company changed its name from United Mobile Homes, Inc. to UMH Properties, Inc.

In 2013, the company acquired Holiday Mobile Village in Nashville, Tennessee for $7.25 million.[3]

In 2014, the company acquired 4 properties near Pittsburgh for $12.2 million[4][5] and 2 properties in Ohio for $5.4 million.[6]

In 2015, the company acquired 3 properties in Ohio and Michigan from Sun Communities for $32.5 million.[7]

In 2016, the company acquired 2 properties in Ohio for $3 million.[8]

In 2017, the company acquired a property in Pennsylvania for $2.485 million,[9] 2 properties in Ohio for $9.588 million[10] and a property in Maryland for $4 million.[11]

References

  1. ^ a b "UMH Properties, Inc. 2017 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "Eugene W. Landy '58 Honored for Years of Service and Leadership". Yale Law School. January 25, 2017.
  3. ^ "UMH Properties, Inc. Announces New Acquisition" (Press release). PR Newswire. April 2, 2013.
  4. ^ Strauss, Eric (July 16, 2014). "REIT purchases four Pa. home communities". NJBiz.
  5. ^ Schooley, Tim (July 16, 2014). "UMH Properties Inc. buys 4 manufactured home communities in region". American City Business Journals.
  6. ^ "UMH PROPERTIES ACQUIRES TWO MOBILE HOME PARKS IN OHIO FOR $5.4M". RE Business Online. July 30, 2014.
  7. ^ "UMH Properties Acquires Three Manufactured Home Communities for $32.5 Million". Multifamily Biz. August 21, 2015.
  8. ^ "UMH Properties, Inc. Completes Acquisition Of Two Ohio Communities" (Press release). PR Newswire. September 1, 2016.
  9. ^ "UMH Properties Completes Acquisition Of Pennsylvania Community" (Press release). PR Newswire. January 24, 2017.
  10. ^ "UMH Properties Completes Acquisition Of Two Ohio Communities" (Press release). PR Newswire. January 20, 2017.
  11. ^ "UMH Properties Completes Acquisition Of Maryland Community" (Press release). PR Newswire. May 31, 2017.
  • Business data for UMH Properties, Inc.:
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