UMH PROPERTIES, INC. REPORTS THE EFFECTS OF HURRICANE MILTON

FREEHOLD, NJ, Oct. 11, 2024 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) today reported the impact of Hurricane Milton on its portfolio of manufactured home communities.

Samuel A. Landy, President and Chief Executive Officer, commented: “Our Florida communities experienced strong winds and heavy rainfall, resulting in relatively minor damage. Most importantly, all of our residents and staff are safe. The limited damage to our homes and our communities demonstrates the quality and longevity of our homes. We are taking appropriate action to address and repair the damage caused to our communities. We do not expect the effects of the storm to have a material impact on our business or financial results. While our damage was minimal, others were not so lucky. We stand ready to provide assistance as requested by local, state and federal governments.”

Founded in 1968, UMH Properties, Inc. is a public equity REIT that owns and operates 136 manufactured home communities with approximately 25,800 developed residential lots. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina and Georgia. Through its joint venture with Nuveen Real Estate, UMH also owns and operates two Florida communities with 363 locations.

Contact: Nelli Madden
732-577-4062

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