UMH Properties
CFO | |
Revenue | $186.1 million (2021) |
---|---|
$51.1 million (2021) | |
Total assets | $1.3 billion (2021) |
Total equity | $742,000 (2021) |
Number of employees | 430 (2021) |
Website | www |
Footnotes / references [1] |
UMH Properties, Inc. (formerly United Mobile Homes Inc.) is a public equity
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 communities in Pennsylvania for $12.2 million[4][5] and 10 communities in Ohio for $30.4 million[6]
In 2015, the company acquired 6 properties in Ohio, Indiana and Michigan from Sun Communities for $68.6 million and 6 communities in Pennsylvania for $12.6 million.[7]
In 2016, the company acquired 3 properties in Ohio for $7.3 million.[8]
In 2017, the company acquired 6 communities in Pennsylvania for $25.3million,[9] 2 2 communities in Indiana for $24.4 million[10] and a property in Maryland for $4 million.[11]
In 2018, the company acquired 3 communities in Indiana for $24 million, 3 communities in Ohio for $35.1 million.
In 2019, the company acquired 1 community in Ohio for $19.4 million, 2 communities in Pennsylvania for $11.7 million, 1 community in Michigan for $25.2 million.
In 2020, the company acquired 1 community in Pennsylvania for $3.34 million[12] and 1 community in New York for $4.5 million.[13]
In 2021, the company acquired 1 community in Alabama for $4.6 million,[14] 1 community in South Carolina for $3.4 million[15] and 1 community in Ohio for $10.3 million.[16] The company also acquired 1 community in Florida for $22.2 million through its joint venture with Nuveen Real Estate.[17]
In 2022, the company acquired 1 community in Pennsylvania for $5.8 million, [18] 1 community in Pennsylvania for $7.4 million, [19] 1 community in Alabama for $3.9 million, [20] 1 community in Michigan for $39 million, [21] 1 community in South Carolina for $5.2 million, [22] 1 community in Ohio for $19.1 million, [23] and 1 community in New Jersey for $23 million. [24] The company acquired 1 community in Florida for $15.1 million through its joint venture with Nuveen Real Estate. [25]
In 2023, the company acquired 1 community in Georgia for $3.65 million through its qualified opportunity zone fund. [26]
References
- ^ a b "UMH Properties, Inc. 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ "Eugene W. Landy '58 Honored for Years of Service and Leadership". Yale Law School. January 25, 2017.
- ^ "UMH Properties, Inc. Announces New Acquisition" (Press release). PR Newswire. April 2, 2013.
- ^ Strauss, Eric (July 16, 2014). "REIT purchases four Pa. home communities". NJBiz.
- ^ Schooley, Tim (July 16, 2014). "UMH Properties Inc. buys 4 manufactured home communities in region". American City Business Journals.
- ^ "UMH PROPERTIES ACQUIRES TWO MOBILE HOME PARKS IN OHIO FOR $5.4M". RE Business Online. July 30, 2014.
- ^ "UMH Properties Acquires Three Manufactured Home Communities for $32.5 Million". Multifamily Biz. August 21, 2015.
- ^ "UMH Properties, Inc. Completes Acquisition Of Two Ohio Communities" (Press release). PR Newswire. September 1, 2016.
- ^ "UMH Properties Completes Acquisition Of Pennsylvania Community" (Press release). PR Newswire. January 24, 2017.
- ^ "UMH Properties Completes Acquisition Of Two Ohio Communities" (Press release). PR Newswire. January 20, 2017.
- ^ "UMH Properties Completes Acquisition Of Maryland Community" (Press release). PR Newswire. May 31, 2017.
- ^ "UMH PROPERTIES, INC. COMPLETES ACQUISITION OF PENNSYLVANIA COMMUNITY". umh.reit. Retrieved 2021-06-04.
- ^ "UMH PROPERTIES, INC. COMPLETES ACQUISITION OF NEW YORK MANUFACTURED HOUSING COMMUNITY". umh.reit. Retrieved 2021-06-04.
- ^ "UMH PROPERTIES, INC. COMPLETES ACQUISITION OF ALABAMA MANUFACTURED HOME COMMUNITY". umh.reit. Retrieved 2021-06-04.
- ^ "UMH PROPERTIES, INC. COMPLETES ACQUISITION OF SOUTH CAROLINA MANUFACTURED HOME COMMUNITY". umh.reit. Retrieved 2021-06-04.
- ^ "UMH PROPERTIES, INC. COMPLETES ACQUISITION OF OHIO MANUFACTURED HOME COMMUNITY". umh.reit. Retrieved 2021-06-04.
- ^ UMH PROPERTIES, INC. ENTERS FLORIDA MARKET
- ^ "UMH PROPERTIES, INC. COMPLETES ACQUISITION OF PENNSYLVANIA MANUFACTURED HOME COMMUNITY".
- ^ "UMH PROPERTIES, INC. COMPLETES ACQUISITION OF PENNSYLVANIA MANUFACTURED HOME COMMUNITY".
- ^ "UMH PROPERTIES, INC. COMPLETES ACQUISITION OF ALABAMA MANUFACTURED HOME COMMUNITY".
- ^ "UMH PROPERTIES, INC. COMPLETES ACQUISITION OF MICHIGAN MANUFACTURED HOME COMMUNITY".
- ^ "UMH PROPERTIES, INC. ANNOUNCES ACQUISITION OF A SOUTH CAROLINA COMMUNITY THROUGH ITS NEWLY-FORMED QUALIFIED OPPORTUNITY ZONE FUND".
- ^ "UMH PROPERTIES, INC. COMPLETES ACQUISITION OF OHIO MANUFACTURED HOME COMMUNITY".
- ^ "UMH PROPERTIES, INC. COMPLETES ACQUISITION OF NEW JERSEY MANUFACTURED HOME COMMUNITY".
- ^ "UMH PROPERTIES, INC. ACQUIRES NEWLY DEVELOPED COMMUNITY IN FLORIDA".
- ^ "UMH PROPERTIES, INC. ANNOUNCES ACQUISITION OF A GEORGIA COMMUNITY THROUGH ITS QUALIFIED OPPORTUNITY ZONE FUND".
- UMH Properties Completes Acquisition Of Pennsylvania Portfolio (Press Release) December 22, 2017.
- UMH Properties Completes Acquisition Of Indiana Portfolio (Press Release) May 30, 2018.
- UMH Properties Completes Acquisition Of Indiana Community (Press Release) August 31, 2018.
- UMH Properties Completes Acquisition Of Ohio Community (Press Release) December 3, 2018.
- UMH Properties Completes Acquisition Of Two Ohio Communities (Press Release) December 19, 2018.
- UMH PROPERTIES COMPLETES ACQUISITION OF OHIO COMMUNITY (Press release) July 3, 2019.
- UMH PROPERTIES, INC. COMPLETES ACQUISITION OF TWO PENNSYLVANIA COMMUNITIES (Press release) July 30, 2019.
- UMH PROPERTIES, INC. COMPLETES ACQUISITION OF MICHIGAN COMMUNITY (Press Release) August 27, 2019.
External links
- Business data for UMH Properties, Inc.: