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UMH Properties Reports July 2026 Total Rental Income Up 10.3%, Same Store Rental Income Up 9.2% YoY

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  1. Globenewswire IncNa

    UMH PROPERTIES, INC. SECURES NEW FANNIE MAE MORTGAGE

    UMH Properties secured a new $10.2 million Fannie Mae mortgage at 6.03% fixed rate for a 267-site community through Wells Fargo. After paying off a $2.8 million existing mortgage, the company generated $7.4 million in additional proceeds to deploy toward acquisitions, expansions, rental homes, and debt repayment. The community has been improved from 69% to 95% occupancy since acquisition in 2014.