UMH PROPERTIES, INC. AMENDS AND EXTENDS ITS EXISTING UNSECURED REVOLVING CREDIT AGREEMENT
UMH Properties, Inc., a REIT specializing in manufactured home communities, has amended and extended its unsecured revolving credit agreement, increasing available borrowings to $260 million with a potential total of $600 million. The maturity date has been extended to May 2030 with options for further extension, alongside reduced interest rates an…