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UMH Properties
Real estate / REIT Manufactured manufactured homes
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Company Overview
General information about the UMH Properties company
UMH Properties is a real estate investment trust (REIT) that focuses on the ownership and operation of manufactured home communities. The company was founded in 1968 and is headquartered in Freehold, New Jersey.
As of 2021, UMH Properties owns and operates 127 manufactured home communities, consisting of over 24,000 developed homesites. These communities are located in seven states in the Northeast and Midwest regions of the United States.
UMH Properties specializes in the acquisition, development, and management of affordable and high-quality manufactured home communities. Their goal is to provide residents with a safe and comfortable living environment, while also providing investors with stable and growing returns.
The company’s revenue comes from the leasing of homesites to tenants, as well as from the sale of homes and other related services. UMH Properties’ long-term strategy includes expanding their portfolio through acquisitions and developing new communities.
In addition to its core business, UMH Properties also actively participates in philanthropic efforts, including donating homes to families in need and supporting various charitable organizations.
Overall, UMH Properties is a reputable and successful company within the manufactured home community industry, and has a strong track record of providing affordable housing options for residents while creating value for investors.
As of 2021, UMH Properties owns and operates 127 manufactured home communities, consisting of over 24,000 developed homesites. These communities are located in seven states in the Northeast and Midwest regions of the United States.
UMH Properties specializes in the acquisition, development, and management of affordable and high-quality manufactured home communities. Their goal is to provide residents with a safe and comfortable living environment, while also providing investors with stable and growing returns.
The company’s revenue comes from the leasing of homesites to tenants, as well as from the sale of homes and other related services. UMH Properties’ long-term strategy includes expanding their portfolio through acquisitions and developing new communities.
In addition to its core business, UMH Properties also actively participates in philanthropic efforts, including donating homes to families in need and supporting various charitable organizations.
Overall, UMH Properties is a reputable and successful company within the manufactured home community industry, and has a strong track record of providing affordable housing options for residents while creating value for investors.
What is special about the UMH Properties company?
UMH Properties is a real estate investment trust (REIT) that specializes in acquiring, developing, and managing manufactured home communities. This sector of the real estate market provides affordable housing options for low- and middle-income families, making UMH Properties a socially responsible company that addresses a critical need for many individuals and families. Additionally, UMH Properties has a proven track record of strong financial performance, with a high occupancy rate and steady increases in revenue and value. The company also prides itself on its commitment to environmental sustainability, implementing green initiatives in its communities such as energy-efficient homes and solar-powered street lights. Overall, UMH Properties is a unique and socially conscious player in the real estate industry.
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