UMH Properties Provides Q1 Operating Update, Sees Occupancy Gains
UMH Properties, Inc. (UMH) , a REIT that specializes in manufactured home communities, has recently come up with its operating update for the first quarter that reflected an occupancy increase in the quarter.UMH’s same-property occupancy rose by 113 units in the quarter and 227 units year over year, reaching 88%. It converted 115 new homes from inventory to revenue-generating rental homes in the first quarter of 2025, bringing its total rental portfolio to approximately 10,400 homes. The rental home occupan ...