Home Properties, Inc. · Rochester, NY United States ·(NYSE: HME)
Company Description
Phone: 585-546-4900
Fax: 585-546-5433
Rankings
- S&P 600
View Home Properties, Inc. Locations On A US Map
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This link will open in a new window Even homes need facelifts from time to time. Home Properties provides that proverbial Botox shot by renovating and rehabilitating multi-family apartments that are in need of both interior and exterior maintenance: from new flooring and bathroom repair to roofing and landscaping. Formerly Home Properties of New York, the real estate investment trust (REIT) focuses on suburban areas in metropolitan markets in the Northeast, Mid-Atlantic, and Southeast Florida regions. Home Properties owns and manages a portfolio of about 110 apartment communities with nearly 40,000 units.
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Key Home Properties, Inc. Financials
| Company Type | Public - NYSE: HME Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $510.0 |
| 2008 Employees | 1,150 |
Home Properties, Inc. Executives
39 executives listed for Home Properties, Inc.'s Rochester, NY location.
| Title | Name & Bio | Contact |
| Co-Chairman | Norman Leenhouts | Network |
| Co-Chairman | Nelson Leenhouts | Network |
| President, CEO, and Director Home Properties and HPRS | Edward Pettinella | Network |
Competition
Competitive Landscape for Home Properties, Inc.
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.Top Home Properties, Inc. Competitors
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