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UMH Properties extends and expands $260M credit facility to $600M, lowering interest rates and extending maturity to 2030.

Company Fundamentals
07 May 2026
GlobeNewsWire
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Bullish
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UMH Properties, a REIT specializing in manufactured home communities, has amended and extended its unsecured revolving credit facility. The facility now offers $260 million in borrowings with an accordion feature increasing potential availability to $600 million, subject to conditions. The maturity date is extended from November 2026 to May 2030, with a possible further one-year extension. Interest rates have been reduced by 35 to 40 basis points, tied to the company's leverage ratio, improving financial flexibility for growth.

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