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​UMH Properties INC. Announces Completion of Addition of Ten Communities to Fannie Mea Credit facility Through Wells Fargo Bank

Summary by Yield PRO
UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) announced that on May 15, 2025 it completed the addition of ten communities containing 2,001 sites, to its Fannie Mae credit facility through Wells Fargo Bank, N.A., for total proceeds of approximately $101.4 million. This interest only loan is at a fixed rate of 5.855% with a 10-year […] The post ​UMH Properties INC. Announces Completion of Addition of Ten Communities to Fannie Mea Credit facility Th…
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Yield PRO broke the news in on Wednesday, May 28, 2025.
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