UMH Properties reports 10% same-property NOI growth in the third quarter of 2026
UMH Properties reported a 10% rise in same-property NOI for the third quarter of 2026, driven by 4.4% site rent increases and higher occupancy.
Key facts
- For the third quarter that ended September 30, 2026, UMH Properties reported normalized FFO of $0.26 per diluted share, totaling $22.1 million.
- Same-property NOI rose 10%, from $34.2 million to $37.5 million, supported by site rent increases of 4.4%.
- Same-property occupancy moved from 88.5% to 88.8%, and home sales increased 29% to $12.8 million.
- In August, UMH secured an interest-only Fannie Mae loan of about $10.2 million at a fixed 6.03% over a 10-year term.
- Total debt was about $850 million at a weighted average rate of 4.98%, with 87.5% at a fixed rate.
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Read the original at Yahoo Finance (opens in a new tab)
Source: UMH Properties, Inc. 6.375% Ser (UMH-PD) Q3 FY2026 earnings call transcript — Yahoo Finance, November 3, 2026. Summary and commentary by RISE Community; read the full story at the source.
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