Search Results for: "UMH Properties"

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UMH Snaps Up More PA/OH Trailer Parks, Targeting M-U Workers

You don’t often hear about a company that owns trailer parks as being a publicly-held company (trading shares of stock on the New York Stock Exchange). But such is the case with New Jersey-based real estate investment company, UMH Properties, Inc. We’ve written about UMH a number of times before (see our UMH stories here)….

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Marcellus/Utica is “Winning Strategy” for Trailer Park Company

A company we’ve written about for the past few years is UMH Properties–a New Jersey-based real estate company that keeps snapping up trailer parks in the Marcellus/Utica region (see our UMH Properties stories here). Although the drilling industry in the Marcellus/Utica has been in a slump, you wouldn’t know it from the performance of UMH….

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Marcellus/Utica Keeps Trailer Park Operator Busy AND Profitable

We occasionally write about a New Jersey-based real estate investment company, UMH Properties, Inc., because they keep buying trailer parks in the Marcellus/Utica with the express hope that drilling activity in the region will lead to high occupancy rates (see our UMH stories here). You might think with the rapid slowdown in drilling UMH’s strategy…

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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…

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Extra Couple $ Million? Buy a Trailer Park in the Marcellus/Utica

From time to time MDN highlights the investments made by the publicly traded company UMH Properties, a New Jersey-based real estate investment company that buys up trailer parks (see our list of stories here). They’ve paid millions of dollars to buy trailer parks in the northeast. Why? Because those parks are located in the Marcellus/Utica…

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Another Marcellus-Area Trailer Park Sold – For $3.5M

Seems like every now and again UMH Properties, a New Jersey-based real estate investment company, snaps up yet another trailer park. The company has added a number of them in Pennsylvania (see More Housing for Marcellus/Utica on the Way in Pittsburgh Region; Quirky Friday: What’s the Main Selling Point of Erie, PA Trailer Park?; and…

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UMH Pays $5.3M for 2 Trailer Parks in W PA for Marcellus/Utica

We’ve talked about a New Jersey-based real estate investment company, UMH Properties, Inc., a couple of times before. Why? Because they keep buying trailer parks in the Marcellus/Utica with the express hope that drilling activity in the region will lead to high occupancy rates. In July 2014 UMH bought four “manufactured homes communities” in the…

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Quirky Friday: What’s the Main Selling Point of Erie, PA Trailer Park?

It’s Friday and sometimes the impending weekend puts us in a quirky mood. And then we notice something that strikes us as quirky or interesting–and we pass it along. Such is the case with this story. UMH Properties, Inc. is a real estate investment trust (REIT) that owns and operates manufactured home communities in seven…

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More Housing for Marcellus/Utica on the Way in Pittsburgh Region

A New Jersey-based real estate investment company, UMH Properties, Inc., announced yesterday they’ve purchased four manufactured home communities in the Pittsburgh, PA area for $12.2 million. The reason? To expand in the Marcellus/Utica region. The company plans to build homes for sale and for rent to those who work in the Marcellus and Utica Shale…