Abstract

Abstract“Property, Real Estate & Development” (MIC: SIC: 6798 NAIC: 525930)Home Properties is a self‐administered and self‐managed real estate investment trust that owns, operates, acquires, develops and rehabilitates apartment communities. Co.'s properties are regionally focused in select Northeast, Mid‐Atlantic, and Southeast Florida markets of the U.S. Co. conducts its business through Home Properties, L.P. in which Co. held a 70.8% partnership interest as of Dec 31 2007. Co., as of Dec 31 2007, operated 125 communities with 38,646 apartment units. Of these, 37,496 units in 123 communities are owned outright, 868 units in one community are managed and partially owned by Co. as general partner, and 282 units in one community are managed for other owners.

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