8-K

UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

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FORM

8-K

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CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of The Securities Exchange Act of 1934

Dateof Report (Date of earliest event reported): July 5, 2023

UMHProperties, Inc.

(Exact name of registrant as specified in its charter)

Maryland	001-12690	22-1890929
(State<br> or other jurisdiction	(Commission	(IRS<br> Employer
of<br> incorporation)	File<br> Number)	Identification<br> No.)
Juniper Business Plaza, 3499 Route 9 North, Suite 3-C, Freehold, NJ	07728
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(Address<br> of principal executive offices)	(Zip<br> Code)

Registrant’stelephone number, including area code: (732)577-9997

NotApplicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a- 12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title<br> of each class	Trading<br> Symbol(s)	Name<br> of exchange on which registered
Common<br> Stock, $0.10 par value	UMH	New<br> York Stock Exchange
6.375%<br> Series D Cumulative Redeemable Preferred Stock, $0.10 par value	UMH<br> PRD	New<br> York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01	Regulation FD Disclosure.

On July 5, 2023, the Company issued a press release providing investors with an updated on its second quarter 2023 operating results.

The information being furnished pursuant to this Item 7.01, including Exhibits 99 to this report, shall not be deemed “filed” for any purpose, including for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section. The information in this report, including Exhibits 99, shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, unless specifically incorporated by reference into any such filing. This report will not be deemed an admission as to the materiality of any information in this report that is required to be disclosed solely by Regulation FD.

Item 9.01	Financial Statements and Exhibits.

(d) Exhibits.

99.1	Press Release dated July 5, 2023.
104	Cover<br> Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURE

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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	UMH Properties, Inc.
Date:<br> July 6, 2023	By:	/s/ Anna T. Chew
	Name:	Anna<br> T. Chew
		Executive<br> Vice President and Chief Financial Officer

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Exhibit99.1

UMHPROPERTIES, INC. SECOND QUARTER 2023 OPERATIONS UPDATE

FREEHOLD,NJ, July 5, 2023……UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in the ownership and operation of manufactured home communities, is providing investors with an update on our second quarter 2023 operating results.

Our communities are rapidly selling and renting new homes, which has resulted in increased occupancy and income. Additionally, as homes in inventory are occupied our high-cost floorplan lines are paid down and replaced with permanent capital at more attractive rates.

During the quarter, approximately 400 rental homes in inventory were occupied making them income producing and 44 new homes were sold, creating additional site rent. This resulted in same property income growth year-over-year of approximately 8.6% and a 190-basis point improvement in occupancy.

Year-to-date, approximately 600 rental homes in inventory were rented making them income producing and 83 new homes were sold, creating additional site rent. Our increase in occupancy and our annual rent increases drove an increase in same property income of approximately 7.4%. This increase in occupancy, together with rent increases implemented in the first and second quarter, generated an increase in monthly rental charges of approximately $900,000 as of July 1, 2023, compared to January 1, 2023. Our current inventory sits at approximately 700 homes, which is still above our normal levels, but is rapidly decreasing as we continue to fill over 100 homes a month.

Sales of manufactured homes for the quarter increased to approximately $8.2 million in the second quarter of 2023, as compared to $7.0 million last year, resulting in an increase of 17%. Year-to-date, gross sales of manufactured homes increased to $15.5 million, as compared to $11.3 million last year, resulting in an increase of 37%. Our sales demand remains strong, and we have over $3 million in deals in our pipeline.

During the quarter, we raised approximately $45.1 million of common equity and $15.6 million of preferred equity through our ATM programs. This capital was utilized to pay down higher cost floorplan lines. Additionally, we have repaid all $58.5 million of our maturing mortgages, and have no mortgage loans maturing next year.

It should be noted that our financial statement closing and review procedures for the quarter ended June 30, 2023 are not yet complete and, as a result, the financial information set forth above reflects our preliminary estimates with respect to such information, based on information currently available to management, and may vary from our actual financial results as of and for the quarter ended June 30, 2023. UMH’s full Second Quarter 2023 results will be released on Tuesday, August 8, 2023, after the close of trading on the New York Stock Exchange and will be available on the Company’s website at www.umh.reit, in the Financials section. Senior management will discuss the results, current market conditions and future outlook on Wednesday, August 9, 2023, at 10:00 a.m. Eastern Time.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,700 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina and Georgia. UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate.

Certain statements included in this press release which are not historical facts may be deemed forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements are based on the Company’s current expectations and involve various risks and uncertainties. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the Company can provide no assurance those expectations will be achieved. The risks and uncertainties that could cause actual results or events to differ materially from expectations are contained in the Company’s annual report on Form 10-K and described from time to time in the Company’s other filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.

Contact:Nelli Madden

732-577-4062

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ANYSE Company: Symbol - UMH

since1968