Home Properties, Inc. (Home Properties) 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 select Northeast, Mid-Atlantic and Southeast Florida markets of the United States. The Company conducts its business through Home Properties, L.P. (the Operating Partnership), a New York limited partnership in which the Company held a 71.7% partnership interest as of December 31, 2008, and a management company Home Properties Resident Services, Inc. (HPRS).