UMH Properties, Inc., a real estate investment trust specializing in manufactured home communities, reported a significant increase in its gross home sales revenue for the second quarter of 2025. The company achieved $10.3 million in sales, marking a 17% increase compared to $8.8 million in the same period last year. Rental and related charges also saw an 8.5% rise, with the second quarter figures reaching $55.9 million, up from $51.5 million the previous year. UMH converted 188 new homes from inventory to revenue-generating rental homes, contributing to an occupancy rate of 94.4% for its approximately 10,600 rental homes. Same property occupancy increased by 76 units during the second quarter and by 251 units over the past year, reaching 88.2%. The company has set a target of converting 800 new rental homes in 2025 and has over 500 new homes in various stages of setup throughout its portfolio. Final results for the quarter will be released on August 6, 2025, and will be accessible on UMH's website.
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