UMH PROPE

UMH Properties: the home-buyer credit book after the winter quarter

Home sales still support occupancy, but after the winter quarter the economics look weaker: more homes were sold, revenue and direct sales profit fell, and the net notes-receivable book remained above $102 million.

Follow-up

UMH Properties: the 2026 and 2027 refinancing test

UMH Properties is not facing an immediate liquidity squeeze, but the November 2026 credit facility renewal and the February 2027 Series A maturity already define the cost-of-capital test. NOI growth will not be enough if coverage keeps weakening and the solution relies on diluti…

UMH Properties in the first quarter: higher occupancy, less financing room

UMH Properties opened 2026 with real improvement in occupancy, rent and same-property community NOI, but Normalized FFO per share stayed at $0.23 and the all-in cash picture remained negative before external funding. The asset base is improving, but common shareholders still nee…