UMH Properties Q2 FY26 net income attributable to common shareholders rises 75% to $4.42 million; revenue climbs 9% to $61.09 million
UMH•Liquidity position
- Liquidity included $28.6 million in cash, $29.7 million of marketable securities, and $220 million available under its unsecured revolving credit facility.
Expenses rise alongside operating gains
- Interest expense, including amortization of financing costs, increased 31% to $9.67 million.
- Depreciation expense rose 16% to $18.27 million.
Quarterly results improve on higher rental income
- UMH Properties posted net income attributable to common shareholders of $4.42 million, up from $2.53 million a year earlier.
- Rental and related income rose 9% to $61.09 million, while Community NOI increased 8% to $35.83 million.
- Same-property NOI climbed , driven by a occupancy increase to and rental rate increases of .
