It also involves in leasing of manufactured home spaces to private manufactured home owners; and leasing of homes to residents.
As of July 12, 2005, the company owned and operated 27 manufactured home communities located in New York, New Jersey, Pennsylvania, Ohio, and Tennessee.
The company, through its wholly owned subsidiary, UMH Sales and Finance, Inc., sells and finances homes to residents of its communities.
In addition, it owns a portfolio of REIT securities.
The company qualifies as a REIT under the Internal Revenue Code.
As a REIT, the company would not be taxed under Federal income tax laws on taxable income that it distributes to its shareholders.
The company was incorporated in 1968 and is based in Freehold, New Jersey.
