As MHProNews reported Aug.18, 2015, Landy purchased 5,479 shares of UMH at $9.12 per share for a total value of $50,000.
Shares closed down -0.74 percent in trading Nov. 12, 2015 at $9.35.
UMH is a real estate investment trust (REIT) that owns and operates 98 manufactured home communities comprised of 17,800 home sites, plus 1,150 undeveloped acres for future development. The company also owns a portfolio of REIT securities. ##
(Photo credit: google–Eugene W. Landy, Chairman of the Board, UMH Properties, Inc.)
