UMH Properties Announces 1M Share Offering of Series A Cumulative Redeemable Preferred Stock

UMH Properties, Inc. UMH today announced the launch of an underwritten public offering of 1,000,000 shares of the Company's Series A Cumulative Redeemable Preferred Stock, under an existing shelf registration statement. The underwriters are expected to be granted a 30-day over-allotment option to purchase up to an additional 150,000 shares of the Company's Series A Cumulative Redeemable Preferred Stock. The Company will apply to list the shares of Series A Preferred stock on the NYSE Amex.