UMH Properties Inc., a leading owner and operator of manufactured home communities, presented its recent performance highlights at the Nareit's REITweek 2025 Investor Conference. The company reported an 8% increase in Rental and Related Income and Community Net Operating Income for the first quarter of 2025. Normalized Funds from Operations grew by 25%, with a 5% increase per diluted share. Same Property Community NOI also rose by 8%, with occupancy increasing by 70 basis points to 87.9%. Additionally, UMH acquired two fully occupied, age-restricted communities in New Jersey, adding 266 homesites to its portfolio. The company also raised its quarterly common stock dividend by 4.7% to $0.225 per share. You can access the full presentation through the link below.
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