UMH Properties reported a 4% increase in normalized FFO per diluted share to $0.25 for Q3 2025, driven by strong revenue growth and improved occupancy rates.
- Total revenue rose 10% year-over-year to $66.9 million, positioning the company on track to exceed $250 million in total income for 2025.
- Same property NOI increased by 12% year-over-year, reflecting effective management and operational efficiency.
- The portfolio occupancy rate improved to 87.2%, with plans to add 700 to 800 new rental homes by year-end, further enhancing revenue potential.
- The company issued $80 million in new bonds to fund growth initiatives, indicating a shift towards debt financing for future expansions.
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