UMH Properties Q2 FY26 net income attributable to common shareholders rises 75% to $4.42 million; revenue climbs 9% to $61.09 million
Reuters2026/08/05 21:27- UMH Properties posted net income attributable to common shareholders of USD 4.42 million, up from USD 2.53 million a year earlier.
- Rental and related income rose 9% to USD 61.09 million, while Community NOI increased 8% to USD 35.83 million.
- Same-property NOI climbed 9%, driven by a 110-basis-point occupancy increase to 89.4% and rental rate increases of 5.3%.
- Interest expense, including amortization of financing costs, increased 31% to USD 9.67 million, while depreciation expense rose 16% to USD 18.27 million.
- Liquidity included USD 28.6 million in cash, USD 29.7 million of marketable securities, and USD 220 million available under its unsecured revolving credit facility.
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