UMH Properties, Inc. reported a 28% increase in gross home sales income for the third quarter of 2026, rising from $10.0 million to $12.8 million compared to the same period last year. The company, a real estate investment trust specializing in manufactured home communities, disclosed these preliminary figures in an 8-K filing on October 1, 2026.
The increase in sales income contributed to a broader rise in revenue, with total rental and related income up 9.3% for October 2026 compared to October 2025. Same-store rental and related income also increased by 8.7% over the same period. According to the update, the gross sales figure broke the quarterly sales record set in the second quarter of 2026.
| Metric | Q3 2026 | Prior Year Period | Change |
|---|---|---|---|
| Gross Home Sales Income | $12.8 million | $10.0 million | +28% |
| Total Rental Income (Oct) | Not specified | Not specified | +9.3% |
| Same Store Rental Income (Oct) | Not specified | Not specified | +8.7% |
Rental operations also showed growth during the quarter. UMH rented 202 new rental homes, resulting in a net increase of 72 units in rental home occupancy. The company currently owns approximately 11,400 rental homes with an occupancy rate of 95%. Same-property occupancy increased by 69 units during the third quarter, reaching 89%, while overall community occupancy stood at 88%. Since January 1, 2026, same-property occupancy has increased by 355 units.
Samuel A. Landy, President and CEO of UMH Properties, stated that the company installed and rented 560 homes so far in 2026. He noted that rent collections remain in line with historical norms and that the sales pipeline remains strong, with an anticipation for similar performance in the fourth quarter.
Landy highlighted legislative changes as factors supporting future growth. He cited the Road to Housing Act, which he said creates opportunities for two-story homes, allows for the removal of chassis to set homes closer to the ground, and encourages low-dollar loans including Title One options. He also pointed to an amendment to opportunity zone tax laws that would allow UMH to build and rehabilitate more communities using capital from a UMH OZ Fund, potentially converting short-term development losses into gains and enhancing fee income.
The financial information provided reflects preliminary estimates based on information currently available to management. UMH Properties stated that these figures may vary from actual financial results for the third quarter ended September 30, 2026. Final results are scheduled for release on November 2, 2026, after the close of trading on the New York Stock Exchange.
UMH Properties, organized in 1968, operates 145 manufactured home communities across twelve states, including New Jersey, New York, and Florida. The portfolio contains approximately 27,300 developed homesites, with over 1,000 self-storage units. The company’s senior management is scheduled to discuss the results and market conditions on November 3, 2026.