Home Properties of New York - HME- Profile

Home Properties, Inc.. The Group's principal activities are to own, operate, develops, acquire and rehabilitate apartment communities. The Group's properties are regionally focused in the Northeastern, Mid-Atlantic and Midwestern United States. The Group conducts its business through Home Properties of New York LP. On 31-Dec-206, it operates 127 communities with 39,136 apartments units. Of these, 36,954 units in 123 communities are owned directly by the Group, 868 units are partially owned and managed by the Group as general partner and 1,314 units are managed for other owners. The Group has elected to be taxed as a (REIT) under the Internal Revenue Code of 1986, as amended. In 2006, Home Properties acquired 3,067 apartment units in eight communities. Owns, operates, develops, acquires and rehabilitates apartment communities in the United States