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UMH Properties Inc (UMH) CEO Samuel Landy on Q2 2022 Results - Earnings Call Transcript

UMH Properties Inc. (NYSE:NYSE:UMH) Q2 2022 Results Conference Call August 04, 2022 10:00 AM ET Company Participants Nelli Madden - VP, IR Samuel Landy - President, CEO Anna Chew - VP, CFO.

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Innovative Housing Showcase in DC Shows Manufactured Homes Could Be The Future

Innovative Housing Showcase in DC Shows Manufactured Homes Could Be The Future
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

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UMH Properties Expands to South Carolina

UMH Properties Expands to South Carolina The REIT paid $3.4 million for Iris Winds, a manufactured housing community in Sumter. Jan222021 Image via Google Street View UMH Properties has acquired Iris Winds in Sumter, S.C., for $3.4 million. The 142-site property is the REIT’s first purchase in South Carolina. Located at 1230 S. Pike E. on roughly 24 acres, the community was completed in 1950 and is situated some 5 miles from several retail and dining options, almost 5 miles from University of South Carolina-Sumter and within 3 miles from several parks. Iris Winds was 49 percent occupied at the time of sale. According to Samuel Landy, president & CEO of UMH Properties, the company will implement home and marketing strategies at the property.

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Blackwells Makes Unsolicited Offer for Monmouth REIT

Blackwells Makes Unsolicited Offer for Monmouth REIT Bloomberg 12/21/2020 Scott Deveau and Kiel Porter © Bloomberg The Estates at Kelley Farms new housing development in Ballston Lake, New York, U.S., on Friday, Dec. 11, 2020. The U.S. Census Bureau is scheduled to release housing starts figures on December 17. (Bloomberg) Blackwells Capital has made an unsolicited proposal to acquire the portion of Monmouth Real Estate Investment Corp. that it doesn’t already own in a transaction valued at about $3.8 billion, including debt. The all-cash offer at $18 a share was made Friday, and is the second time Blackwells has proposed acquiring the remaining interest in the industrial real estate investment trust, according to a statement Monday that confirmed an earlier Bloomberg News report.

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