MHProNews has learned manufactured home community (MHC) owner UMH Properties, Inc. (NYSE:UMH) is seeking to acquire MH retail dealerships within two hours of one of their communities, and would retain current employees. Their communities are located in Tennessee, Indiana, New York, Ohio, Pennsylvania, Michigan and New Jersey.
In business since 1968, UMH is a public equity real estate investment trust (REIT) that owns and operates 95 MHCs comprised of 16,600 developed home sites, and maintains a portfolio of REIT securities. UMH’s subsidiary, UMH Sales and Finance, sells manufactured homes into its communities. For more information, click here. ##
(Photo credit: UMH Properties, Inc.)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.