UMH Properties Releases Comprehensive 2024 Sustainability Report

UMH Properties Shares 2024 Sustainability Report Insights
UMH Properties, Inc. (NYSE:UMH), a notable real estate investment trust (REIT) specializing in manufactured home communities, recently released its 2024 Sustainability Report. This annual publication is now accessible on the company’s official website.
Leadership Commitment to Sustainability
Aaron Potter, Vice President of Sustainability and Urban Development at UMH, expressed that the company’s sustainability initiatives stem from a longstanding commitment to providing safe and affordable housing solutions. He emphasized that strong, flourishing communities arise from responsible management and sustainable practices, fostering long-term value. Empowering residents and enhancing neighborhoods play a crucial role as UMH continues to push forward with transparency and accountability.
Building Resilient Communities
Established in 1968, UMH owns and operates a diverse portfolio of 141 manufactured home communities. These communities house around 26,500 developed homesites, with over 10,400 of them featuring rental homes. Additionally, UMH manages more than 1,000 self-storage units across its properties. The geographical span of these communities extends across several states, showcasing UMH's growth and commitment to housing solutions.
Strategic Focus on Impact
As part of its sustainability efforts, UMH aims to enhance resource efficiency and promote vibrant neighborhoods. The company is dedicated to creating a positive impact not only on its residents but also on employees and stakeholders. Their 2024 Sustainability Report outlines the growth and improvements made towards achieving an environmentally conscious and socially responsible future.
Collaborative Ventures and Growth
A noteworthy partnership is with Nuveen Real Estate, through which UMH operates two communities in Florida, comprising 363 sites. This collaboration illustrates UMH’s strategy to expand its reach while maintaining high standards in community living and environmental sustainability.
Future Directions
As UMH Properties continues to grow, the focus remains on accountability and the ongoing enhancement of operations. The company strives for continuous improvement and innovation in their approach, ensuring that sustainability is integrated across all aspects of their business.
Frequently Asked Questions
What is the main focus of UMH Properties' Sustainability Report?
The Sustainability Report emphasizes UMH's commitment to providing safe, affordable housing while promoting environmental stewardship.
How many manufactured home communities does UMH operate?
UMH operates 141 manufactured home communities, accommodating approximately 26,500 homesites.
What are the benefits of UMH's sustainability initiatives?
These initiatives focus on enhancing community living, resource efficiency, and maintaining a positive impact on residents and stakeholders.
Is UMH involved in any partnerships?
Yes, UMH collaborates with Nuveen Real Estate to manage two communities in Florida, highlighting their strategic growth efforts.
Who can I contact for more information about UMH Properties?
You can contact Nelli Madden at 732-577-4062 for further inquiries about UMH Properties.
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