Trailer Park Company Credits Marcellus/Utica for Record Profits

A company we’ve written about for the past few years is UMH Properties–a real estate company that keeps snapping up trailer parks in the Marcellus/Utica region (see our UMH Properties stories here). UMH is a public company with shares of stock. Therefore, it files quarterly and annual reports, and hosts analyst conference calls. MDN picked through the latest from UMH to find some interesting quotes. In essence, UMH still loves the Marcellus/Utica and will continue to look for new acquisitions in our neck of the woods. The company made $14 million last year (in the black). So you see, not everyone in the Marcellus/Utica is going through tough times. Here’s a few select quotes from the annual report and from the UMH earnings phone call with analysts…

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