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Real Estate

UMH Properties Inc.

12/19/2012 | Press release | Archived content

UMH Properties, Inc. Announces New Acquisition

FREEHOLD, N.J., Dec. 19, 2012/PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) announced that it has acquired Olmsted Falls, a 125-site manufactured home community situated on approximately 14 acres, located in Olmsted Falls, Ohio, for a purchase price of $3,600,000. With this purchase, UMH now owns fifty-seven manufactured home communities consisting of over 10,600 developed homesites.

Samuel A. Landy, President, stated, "We are pleased to announce the acquisition of this community. UMH has a strong presence in this region and this acquisition will further enhance our strength here. We have now increased our portfolio by more than 50% over the previous three year period and anticipate continuing to acquire communities in 2013."

UMH Properties, Inc., a publicly owned REIT, owns and operates fifty-seven manufactured home communities with over 10,600 developed homesites located in New Jersey, New York, Ohio, Pennsylvania, Tennesseeand Indiana. In addition, the Company owns a portfolio of REIT securities.

SOURCE UMH Properties, Inc.

UMH Properties Inc. published this content on December 19, 2012, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 11, 2025 at 11:42 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]