UMH PROPERTIES, INC. REPORTS ON THE IMPACT OF HURRICANE MILTON
11 Ottobre 2024 - 10:15PM
UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) reported today on the
impact of Hurricane Milton on its portfolio of manufactured housing
communities.
Samuel A. Landy, President and Chief Executive
Officer, commented, “Our communities in Florida experienced high
winds and heavy rain which resulted in relatively minor damage.
Most importantly, all of our residents and employees are safe. The
limited damage to our homes and our communities demonstrates the
quality and durability of our homes. We are taking appropriate
measures to clean up and repair any damages sustained at our
communities. We do not expect the effects of the storm to have a
material impact on our operations or financial results. While our
damage was minimal, others were not as fortunate. We stand ready to
provide support as requested by the local, state and federal
governments.”
UMH Properties, Inc., which was organized in
1968, is a public equity REIT that owns and operates 136
manufactured home communities containing approximately 25,800
developed homesites. These communities are located in New Jersey,
New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland,
Michigan, Alabama, South Carolina and Georgia. UMH also has an
ownership interest in and operates two communities in Florida,
containing 363 sites, through its joint venture with Nuveen Real
Estate.
Contact: Nelli
Madden 732-577-4062
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