UMH Properties, Inc. reported its fourth‑quarter and full‑year 2025 operating results, showing a 354‑unit increase in same‑property occupancy driven by the addition of 717 new revenue‑generating rental homes and an 8% rise in gross home sales. The company also acquired five new communities for $41.8 million and refinanced 17 communities, generating $193.2 million in proceeds.
The refinancing lifted the value of the 17 communities from an investment of $140 million to $309 million, a $169 million increase or 121% appreciation. Management said the proceeds were used to repay existing debt, fund capital improvements, acquire additional communities, and buy back common stock, thereby strengthening the balance sheet and freeing capital for future growth.
UMH currently has 140 homes on site and ready for occupancy, with an additional 330 homes being set up. This inventory positions the company to accelerate occupancy and revenue growth in early 2026, as the new homes are expected to fill quickly in high‑demand markets.
President and CEO Samuel A. Landy emphasized the company’s “exceptional year” and the “long‑term value creation” demonstrated by the refinancing. He noted that the 121% increase in property value reflects the success of UMH’s strategy to acquire and improve value‑add communities, and he expressed confidence that the portfolio investments will drive continued earnings per share growth.
The results underscore robust demand for UMH’s affordable‑housing model and validate its capital‑market strategy. The refinancing not only unlocks significant capital but also signals strong asset performance, while the ready inventory and new homes provide a clear path to sustained occupancy expansion. Management’s focus on cost control, strategic acquisitions, and disciplined capital deployment positions the company for continued momentum in 2026 and beyond.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.