The Union League of Philadelphia
140 South Broad Street
Philadelphia, PA 19102
Date: Wednesday, October 30th, 11:30 am to 1:30 pm
At Monmouth, we specialize in owning high-quality net-leased industrial properties, on long-term leases, to investment-grade tenants. This has enabled us to deliver very reliable and predictable returns to our shareholders throughout the business cycle.
We have worked diligently to position ourselves to benefit from the structural changes that the ecommerce revolution requires. We have a very modern, high-quality industrial property portfolio with a weighted average building age of under 10 years. Our assets are situated near major airports, major transportation hubs, and manufacturing plants that are integral to our tenant’s operations.
From a geographic standpoint, we have positioned our portfolio to benefit from companies relocating to more business-friendly locations. We have also strategically positioned our portfolio to benefit from the recently completed Panama Canal expansion. Shipping container growth at the U.S. East Coast ports has been outpacing growth on the West Coast ports for the past several years. Our portfolio is very well situated to continue to benefit from these ongoing trends.
Monmouth was recently named by SNL Financial as The Best Performing Industrial Property REIT over the past 10 years with a total shareholder return of 233%. Our long-term shareholders have enjoyed one of the best dividend track records of any REIT. While the past few years have seen great achievements for our company, we are very confident that the best is yet to come.
UMH Properties, Inc. is a public equity REIT (real estate investment trust) that owns and operates a portfolio of 118 manufactured home communities with approximately 21,500 developed homesites. These communities are located in 8 states throughout the northeast: New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland. In addition, our Company owns approximately 6,400 acres of land for the development of new sites.
UMH has been in business since 1968, operating as a public company since 1985. The Company is listed on the New York Stock Exchange under the symbol UMH and included in the MSCI REIT Index (RMZ). Manufactured home communities provide recession resistant qualities, reliable income streams and the potential for long-term value appreciation.