UMH Buys 11 Properties for $28.3M
UMH Properties, Inc. (NYSE: UMH) announced that, on August 1, 2012, it closed on the acquisition of 11 manufactured home communities, ten located in Pennsylvania and one located in New York. The total purchase price was $28,250,000. With this closing, UMH owns 53 communities consisting of approximately 10,100 developed homesites.
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