UMH Properties announces a zero-down payment lending program for qualified Veterans through a partnership with Triad Financial Services.
Quiver AI Summary
UMH Properties, Inc., a real estate investment trust focused on manufactured home communities, has launched a new lending initiative in partnership with Triad Financial Services, providing zero-down payment options for qualified U.S. Veterans. President and CEO Samuel A. Landy highlighted that this program aims to enhance access to affordable housing for Veterans, as manufactured homes in land-lease communities are typically not eligible for VA loans. UMH, established in 1968, operates 145 manufactured home communities across multiple states, offering approximately 27,100 homesites. This new initiative reflects UMH's commitment to supporting the housing needs of the nation's heroes.
Potential Positives
- UMH Properties introduces a new lending promotion for qualified U.S. Veterans, enhancing access to homeownership for this significant demographic.
- The program offers zero-down payment options, making manufactured home ownership more affordable for Veterans.
- By aligning their lending terms with existing VA loan programs, UMH positions itself as a supportive ally for Veterans seeking quality housing solutions.
- The initiative highlights UMH's commitment to community development and improving affordable housing options, potentially boosting its reputation and market standing.
Potential Negatives
- The press release does not address any potential risks or challenges associated with the new lending promotion, which could lead to uncertainty among stakeholders regarding the program's implementation and sustainability.
- Exclusion of manufactured homes located in land-lease communities from VA loans may indicate limitations and potential dissatisfaction among veterans who do not qualify for this new lending option.
- The focus on a lending promotion may divert attention from any underlying issues the company might be facing in its core business operations, raising concerns about overall financial health.
FAQ
What is the new lending promotion by UMH Properties?
UMH Properties announced a lending promotion offering zero-down payment options for qualified U.S. Veterans through its COP program with Triad Financial Services.
Who qualifies for the zero-down payment options?
Qualified United States Veterans are eligible for the zero-down payment lending options under the new UMH Properties program.
How does this program benefit Veterans?
The program allows Veterans to own homes in manufactured home communities without a down payment, similar to current VA loan terms.
How many manufactured home communities does UMH operate?
UMH operates 145 manufactured home communities across multiple states, containing approximately 27,100 developed homesites.
When was UMH Properties, Inc. founded?
UMH Properties, Inc. was organized in 1968 and is publicly traded as a real estate investment trust (REIT).
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$UMH Insider Trading Activity
$UMH insiders have traded $UMH stock on the open market 5 times in the past 6 months. Of those trades, 5 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $UMH stock by insiders over the last 6 months:
- KENNETH K JR QUIGLEY purchased 2,500 shares for an estimated $35,850
- JEFFREY A CARUS purchased 500 shares for an estimated $7,250
- MATTHEW I HIRSCH purchased 500 shares for an estimated $7,240
- WILLIAM EDWARD MITCHELL purchased 133 shares for an estimated $1,987
- KEVIN S. MILLER (EVP, CFO, Treasurer) purchased 68 shares for an estimated $1,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$UMH Revenue
$UMH had revenues of $65.8M in Q1 2026. This is an increase of 7.53% from the same period in the prior year.
You can track UMH financials on Quiver Quantitative's UMH stock page.
You can access data on UMH stock through the Quiver Quantitative API.
$UMH Hedge Fund Activity
We have seen 104 institutional investors add shares of $UMH stock to their portfolio, and 112 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AMERICAN CENTURY COMPANIES INC removed 1,092,402 shares (-92.1%) from their portfolio in Q1 2026, for an estimated $15,763,360
- POINT72 ASSET MANAGEMENT, L.P. removed 816,813 shares (-81.0%) from their portfolio in Q1 2026, for an estimated $11,786,611
- TWO SIGMA INVESTMENTS, LP added 702,107 shares (+631.9%) to their portfolio in Q1 2026, for an estimated $10,131,404
- APG ASSET MANAGEMENT US INC. removed 679,926 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $9,811,332
- SG AMERICAS SECURITIES, LLC removed 505,411 shares (-33.8%) from their portfolio in Q1 2026, for an estimated $7,293,080
- GOLDMAN SACHS GROUP INC added 440,774 shares (+23.6%) to their portfolio in Q1 2026, for an estimated $6,360,368
- JENNISON ASSOCIATES LLC removed 422,566 shares (-31.2%) from their portfolio in Q1 2026, for an estimated $6,097,627
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
FREEHOLD, NJ, July 08, 2026 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH), a real estate investment trust (REIT) specializing in the ownership and operation of manufactured home communities, is pleased to announce a new lending promotion through its COP program with Triad Financial Services, that offers zero-down payment lending options for qualified United States Veterans.
Samuel A. Landy, President and CEO of UMH Properties, Inc., stated “Manufactured housing can provide quality affordable housing for our Nation’s Veterans. Currently, manufactured homes located in land-lease, manufactured home communities are excluded from consideration for VA loans. The formation of this program will allow Veterans to own their home in a manufactured home community, with similar terms to current VA loan programs. UMH is happy to provide zero-down payment lending options for our Nation’s heroes.”
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 145 manufactured home communities, containing approximately 27,100 developed homesites, of which 11,200 contain rental homes, and over 1,000 self-storage units. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida and Georgia. Included in the 145 communities are two communities in Florida, containing 363 sites, and one community in Pennsylvania, containing 113 sites, that UMH has an ownership interest in and operates through its joint ventures with Nuveen Real Estate.
Contact: Nelli Madden
732-577-4062
