UMH Properties announced preliminary second quarter 2026 results showing total rental and related income up 10.3% and same store rental and related income up 9.2% for July compared to the prior year. Home sales income rose 9.2% to a quarterly record of $11.4 million, up from $10.5 million in the same period last year. The company rented 193 new rental homes during the quarter, increasing net rental home occupancy by 139 units, and now owns approximately 11,200 rental homes with an occupancy rate of 95.3%. Community occupancy reached 89.0% and same property occupancy was 89.4%, with same property occupancy increasing by 430 units in the first half of the year. UMH also issued approximately 353,000 shares of Series D Preferred stock at a weighted average price of $21.61 per share, generating $7.6 million in gross proceeds, and amended its unsecured revolving line of credit to provide $260 million in available borrowings with a $340 million accordion feature, bringing total potential availability to $600 million.
UMH Properties IncRecord home sales income and 10.3% rental income growth indicate strong financial performance.