Form 8-K UMH PROPERTIES, INC. For: Dec 03
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 3, 2018
UMH Properties, Inc.
(Exact name of registrant as specified in its charter)
| Maryland | 001-12690 | 22-1890929 | ||
| (State or other jurisdiction | (Commission | (IRS Employer | ||
| of incorporation) | File Number) | Identification No.) |
| Juniper Business Plaza, 3499 Route 9 North, Suite 3-C, Freehold, NJ | 07728 | |
| (Address of principal executive offices) | (Zip Code) |
| Registrant’s telephone number, including area code: | (732) 577-9997 |
Not Applicable
(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)) |
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 December 3, 2018, the Company issued a press release announcing the acquisition of a community located in Ohio.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99 Press Release dated December 3, 2018
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SIGNATURE
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: December 4, 2018 | By: | /s/ Anna T. Chew |
| Name: | Anna T. Chew | |
| Title: | Vice President and | |
| Chief Financial Officer | ||
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| FOR IMMEDIATE RELEASE | December 3, 2018 |
| Contact: Nelli Madden | |
| 732-577-9997 |
UMH PROPERTIES COMPLETES ACQUISITION OF OHIO COMMUNITY
FREEHOLD, NJ, December 3, 2018........ UMH Properties, Inc. (NYSE: UMH) today announced that on November 30, 2018, it closed on the acquisition of a community located in Ohio for a total purchase price of approximately $23,000,000. This community contains 488 developed homesites of which approximately 67% are occupied. The community is situated on approximately 117 acres.
Samuel A. Landy, President and Chief Executive Officer, commented, “We are pleased to further strengthen our presence in the Ohio market. This community is well located, right off of Interstate 80, and in good condition. Our business plan will enhance community operations driving tremendous value through the occupancy of vacant sites. This acquisition also has additional acreage that can be developed in the future.”
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 116 manufactured home communities with approximately 21,200 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland and Michigan. In addition, the Company owns a portfolio of REIT securities.
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