UMH Properties, Inc.

UMH Properties, Inc. is a Maryland corporation that operates as a self-administered and self-managed qualified real estate investment trust (REIT). The company elected REIT status effective January 1, 1992, and intends to maintain this qualification. UMH was incorporated in New Jersey in 1968 and changed its state of incorporation to Maryland on September 29, 2003. Its executive office is located in Freehold, New Jersey. The company's primary business involves owning and operating manufactured home communities, where it leases manufactured homesites to residents. UMH also leases manufactured homes to residents. Through its wholly-owned taxable REIT subsidiary, UMH Sales and Finance, Inc. (S&F), the company sells and finances the sale of manufactured homes to residents and prospective residents of its communities, as well as for placement on customers' privately-owned land. In 2022, UMH formed UMH OZ Fund, LLC (OZ Fund), in which it holds a 77% interest. The OZ Fund acquires, develops, and redevelops manufactured home communities requiring substantial capital investment and located in Qualified Opportunity Zones. The OZ Fund currently owns two communities, located in South Carolina and Georgia.