0000752642-11-000070.txt : 20111215 0000752642-11-000070.hdr.sgml : 20111215 20111215105713 ACCESSION NUMBER: 0000752642-11-000070 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20111215 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111215 DATE AS OF CHANGE: 20111215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UMH PROPERTIES, INC. CENTRAL INDEX KEY: 0000752642 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 221890929 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12690 FILM NUMBER: 111262646 BUSINESS ADDRESS: STREET 1: 3499 ROUTE 9 N, SUITE 3-C STREET 2: JUNIPER BUSINESS PLAZA CITY: FREEHOLD STATE: NJ ZIP: 07728 BUSINESS PHONE: 7325779997 MAIL ADDRESS: STREET 1: 3499 ROUTE 9 N, SUITE 3-C STREET 2: JUNIPER BUSINESS PLAZA CITY: FREEHOLD STATE: NJ ZIP: 07728 FORMER COMPANY: FORMER CONFORMED NAME: UNITED MOBILE HOMES INC DATE OF NAME CHANGE: 19920703 8-K 1 umh8kmortgageloan.htm FORM 8-K UNITED STATES

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

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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 14, 2011

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UMH Properties, Inc.

(Exact name of registrant as specified in its charter)

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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))


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Item 7.01

Regulation FD Disclosure.


On December 14, 2011, the Company issued a press release announcing a new mortgage loan with Oritani Finance Company, wholly-owned subsidiary of Oritani Bank, in the amount of $15,500,000.


Item 9.01

Financial Statements and Exhibits.


(c)  Exhibits.


99

Press Release dated December 14, 2011.



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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 15, 2011

By:      /s/ Anna T. Chew

Name:

Anna T. Chew

Vice President and Chief Financial Officer




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 EX-99 2 umhannouncesnewmortgage.htm EXHIBITS FOR IMMEDIATE RELEASE









FOR IMMEDIATE RELEASE

December 14, 2011


Contact:  Susan M. Jordan

                 732/577-9997




UMH PROPERTIES, INC. ANNOUNCES NEW MORTGAGE LOAN



FREEHOLD, NJ    December 14, 2011……..UMH Properties, Inc. (NYSE Amex:UMH) announced that it has entered into a new $15,500,000 mortgage loan with Oritani Finance Company, a wholly-owned subsidiary of Oritani Bank, to refinanced five manufactured home communities located in Pennsylvania.  This mortgage is at a fixed rate of 4.25% and matures on January 1, 2022.  The interest rate will reset after five years to the rate the Federal Home Loan Bank of New York charges to its members plus 1.9%.  The monthly payment of principal and interest is based on a 30-year amortization schedule.  Proceeds of this mortgage were used to pay off the existing floating rate debt.


Samuel A. Landy, President, stated, “We are very pleased with this new financing and look forward to a long and mutually beneficial relationship with Oritani Bank.”


UMH Properties, Inc., a publicly owned REIT, owns and operates thirty-nine manufactured home communities with 8,860 total home sites located in New Jersey, New York, Pennsylvania, Ohio and Tennessee.  In addition, the Company owns a portfolio of REIT securities.



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