FREEHOLD, NJ, Oct. 02, 2024 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: NYSE:) (TASE: UMH) reported in the present day on the impression of Hurricane Helene on its portfolio of manufactured housing communities.
Samuel A. Landy, President and Chief Govt Officer, commented, Our communities in Florida, Alabama, South Carolina and Georgia skilled excessive winds and heavy rain which resulted in minor harm to those communities. Moreover, a number of of our communities in Tennessee and Ohio had bushes down and different minor harm. The restricted harm to our properties and our communities demonstrates the standard and sturdiness of our properties. Most significantly, all of our residents and workers are protected. We’re taking applicable measures to scrub up and restore any marginal damages sustained at our communities. We don’t count on the consequences of the storm to have a cloth impression on our operations or monetary outcomes. Whereas our harm was minimal, others weren’t as lucky. We stand prepared to offer assist as requested by the native, state and federal authorities.
UMH Properties, Inc., which was organized in 1968, is a public fairness REIT that owns and operates 136 manufactured residence communities containing roughly 25,800 developed homesites. These communities are situated in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina and Georgia. UMH additionally has an possession curiosity in and operates two communities in Florida, containing 363 websites, by way of its three way partnership with Nuveen Actual Property.
Contact: Nelli Madden
732-577-4062
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Supply: UMH Properties, Inc.
