UMH Properties, a renowned real estate company, has joined forces with Nuveen Real Estate in a joint venture focused on manufactured housing. As part of this collaboration, UMH will possess the option to acquire the community at a future date. This strategic move is poised to unlock new opportunities and bolster UMH’s presence in the manufactured housing sector.

Key points:

– UMH Properties and Nuveen Real Estate establish a joint venture in the manufactured housing industry.
– UMH gains the right to purchase the community from the joint venture in the future.
– This partnership aims to enhance UMH’s position in the manufactured housing sector.

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