UMH Properties Reports Q2 Home Sales Income Of $11.4M, Up 9.2% YoY

We increased total rental and related income by 10.3% and same store rental and related income by 9.2% for July 2026 compared to July 2025.

We increased home sales income by 9.2% compared to the same period last year, increasing sales from $10.5 million in last year’s second quarter to $11.4 million this most recent quarter.

During the quarter, we rented 193 new rental homes.

Net rental home occupancy increased by 139 units.

UMH now owns approximately 11,200 rental homes with an occupancy rate of 95.3%.

Same property occupancy increased 430 units for the first half of the year.

During the quarter, occupancy increased by 97 units.

Community occupancy was 89.0% and same property occupancy was 89.4%.

We issued and sold approximately 353,000 shares of our Series D Preferred stock through our Preferred At-The-Market sale program at a weighted average price of $21.61 per share generating gross proceeds of $7.6 million.

We amended and extended our unsecured revolving line of credit which now provides for $260 million in available borrowings, with a $340 million accordion feature, bringing the total potential availability up to $600 million.

The value of the unencumbered communities included under the line had a reduction of the capitalization rate from 6.5% to now 6.0% applied to the Net Operating Income.

The interest charged on our line has also been reduced by approximately 35 to 40 basis points, depending on our leverage ratio.

The amended line has a four-year term with an additional one-year option.