UMH Properties Inc. Reports 17% Increase in Gross Home Sales Revenue for Q2 2025

Reuters
03 Jul
<a href="https://laohu8.com/S/UMH">UMH Properties</a> Inc. Reports 17% Increase in Gross Home Sales Revenue for <a href="https://laohu8.com/S/QTWO">Q2</a> 2025

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UMH Properties Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-017694), on July 03, 2025, and is solely responsible for the information contained therein.

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