Erez urges shareholders to withhold for UMH Properties (NYSE: UMH) director ahead of May 27 meeting
Erez Asset Management, holding approximately 4% of UMH Properties (NYSE: UMH) shares, is publicly urging shareholders to withhold their support for Presiding Independent Director Matthew I. Hirsch at the upcoming May 27, 2026 annual meeting. Erez cites persistent underperformance, a significant valuation discount, and inadequate board governance, noting that Institutional Shareholder Services (ISS) has repeatedly recommended withholding support for Hirsch. This campaign aims to pressure the board for greater accountability and refreshment, highlighting UMH's plurality voting standard and staggered board structure as barriers to immediate change.