UMH Properties Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Regulation FD Disclosure
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| Item 1.01 | Entry into a Material Definitive Agreement |
On November 25, 2025, UMH Properties, Inc. (the “Company”) closed on the addition of seven manufactured home communities containing 1,765 sites to its Fannie Mae credit facility through Wells Fargo Bank, N.A. (the “Lender”), receiving total loan proceeds of approximately $91.8 million. This new loan is at a fixed rate of 5.46% with interest payable over a 9-year term and principal payable upon final maturity in December 2034 (or earlier under certain circumstances). The increase in the facility and addition of the new communities were memorialized by execution of a Reaffirmation, Joinder and Sixth Amendment to the Master Credit Facility dated as of August 20, 2020, as amended, among the Company, certain of its subsidiaries, the Lender and Fannie Mae. The net proceeds of the new loan will be used to invest in additional acquisitions that may arise, expansions of existing communities, and the purchase of manufactured homes for sale or lease to residents and to repay higher interest rate debt on a short-term basis. Including this addition, the total outstanding amount as of November 25, 2025 under the Company’s Fannie Mae credit facility was approximately $398.3 million.
| Item 2.03 | Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant. |
The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.
| Item 7.01 | Regulation FD Disclosure. |
On November 25, 2025, the Company announced the addition to its Fannie Mae Credit Facility.
The information being furnished pursuant to this Item 7.01, including Exhibit 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 Exhibit 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 | Press Release dated November 25, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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 2, 2025 | By: | /s/ Anna T. Chew |
| Name: | Anna T. Chew | |
| Executive Vice President and Chief Financial Officer | ||
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