UMH PROPERTIES, INC. TO PARTICIPATE IN NAREIT’S REITWORLD: 2020 ANNUAL CONFERENCE

Chew, Vice President and Chief Financial Officer, and Eugene W. Landy, Chairman of the Board, are scheduled to participate in Nareit’s REITworld: 2020 Annual Conference, which will be held virtually on November 17-19, 2020.

UMH’s senior management team is scheduled to present on Thursday, November 19, 2020, at 10:30 a.m. Eastern Time.

To access the presentation at the designated time and on demand for two weeks after the conference concludes, please complete the complimentary conference registration athttps://bit.ly/3dQiU8c. Presentation materials will be available at the Company’s website homepage at www.umh.reit.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 124 manufactured home communities with approximately 23,400 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland and Michigan. In addition, the Company owns a portfolio of REIT securities.

# # # # #

Contact: Nelli Madden
732-577-4062
UMH PROPERTIES, INC.
Juniper Business Plaza
3499 Route 9 North, Suite 3-C
Freehold, NJ 07728
(732) 577-9997
Fax: (732) 577-9980

Prev Post

LGI Homes Continues Expansion in Las Vegas

Next post

Healthcare Realty Trust Announces Formation of Joint Venture With TIAA
img

1Reason Real Estate News Wire

Related posts

Armada Hoffler Reports Third Quarter 2024 Results

GAAP Net Loss of $10.4million

Normalized FFO of $0.35 Per Diluted Share

Office Same Store NOI Growth of 6.1% (GAAP)Positive Office Renewal Spreads of 18.5% (GAAP) and 0.8% (Cash)Office Occupancy Increased to 94.7%

Positive Retail Renewal Spreads of 13.1% (GAAP) and 7.8% (Cash)Retail Occupancy Increased to 96.2%

Positive Tradeouts on Multifamily Renewals of 1.8%

Narrowed 2024 Full-Year Normalized FFO Guidance Range of $1.25 to $1.27 Per Diluted Share

VIRGINIA BEACH, Va.

Continue reading
by 1Reason Real Estate News Wire

Elme Communities Announces Third Quarter 2024 Results

BETHESDA, Md., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington, DC metro area and the Atlanta metro area, reported financial and operating results today for the quarter ended September 30, 2024:

Financial Results

Net loss was $3.0 million, or $0.03 per diluted shareNAREIT FFO was $20.5 million, or $0.23 per diluted shareCore FFO was $20.7 million, or $0.23 per diluted shareNet Operating Income (NOI) was $38.8 million

Operational Highlights

Same-store multifamily NOI increased by 2.3% compared to the prior year quarterEffective blended Lease Rate Growth was 2.1% for our Same-Store Portfolio during the quarter, comprised of effective new Lease Rate Growth of (1.5)% and effective renewal Lease Rate Growth of 4.5%Average Effective Monthly Rent Per Home increased 2.4% compared to the prior year quarter for our Same-Store PortfolioSame-store Retention was 66%, up 5% compared to the prior year quarterSame-store multifamily Average Occupancy was 95.2% during the quarter, down 0.2% compared to the prior year quarter and up 0.6% compared to the prior quarter.
Continue reading
by 1Reason Real Estate News Wire

Howard Hughes Holdings Inc. Reports Third Quarter 2024 Results

Strong demand for MPC residential land and impressive financial performance across the portfolio solidify positive full-year outlook with upgraded guidance in all segments

THE WOODLANDS, Texas, Nov.

Continue reading
by 1Reason Real Estate News Wire

Compare listings

Compare