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Real Estate

UMH Properties Inc.

07/27/2012 | Press release | Archived content

UMH Properties, Inc. Announces New Acquisition

FREEHOLD, N.J., July 27, 2012/PRNewswire/ -- UMH Properties, Inc. (NYSE:UMH) announced that on July 26, 2012, it has closed on the acquisition of Meadowood, a 123-site manufactured home community situated on approximately 20 acres, located in New Middletown, Mahoning County, Ohio, for a purchase price of $3,400,000. With this purchase, UMH now owns forty-two manufactured home communities consisting of over 9,100 developed homesites.

Samuel A. Landy, President, stated, "We are pleased to announce the acquisition of this community. The operation of Meadowood will fit in nicely with our existing Ohiocommunities. This well-located, age 55 and older community is a welcome addition to our growing portfolio."

UMH Properties, Inc., a publicly owned REIT, owns and operates forty-two manufactured home communities with over 9,100 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 July 27, 2012, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 11, 2025 at 11:43 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 If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]