Home Properties, Inc. (�Home Properties� or the �Company�) was formed in
November 1993, as a Maryland corporation and is a self-administered and
self-managed real estate investment trust (�REIT�) that owns, operates,
acquires, develops and rehabilitates apartment communities. The Company�s
properties are regionally focused, primarily in selected Northeast and
Mid-Atlantic regions of the United States. The Company completed an initial
public offering of 5,408,000 shares of common stock (the �IPO�) on August 4,
1994 and is traded on the New York Stock Exchange (�NYSE�) under the symbol
�HME�. The Company is included in Standard & Poor�s MidCap 400 Index.
The Company conducts its business through Home Properties, L.P. (the �Operating
Partnership�), a New York limited partnership, and a management company, Home
Properties Resident Services, Inc. (�HPRS�), which is a Maryland corporation.
At December 31, 2013, the Company held 84.8% (83.