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词条 Home Properties
释义

  1. History

  2. References

{{Infobox company
| name = Home Properties
| logo = Home Properties logo.gif
| logo_size = 220px
| type = Privately Held
| predecessor = Home Leasing Corporation
| foundation = {{Start date|1993|11|13}}
| founder = Nelson B. Leenhouts
Norman P. Leenhouts
| location_city = Rochester, New York
| industry = Apartments
| revenue = $0.671 billion (2014)
| net_income = $0.189 billion (2014)
| assets = $4.488 billion (2014)
| equity = $1.653 billion (2014)
| owner = Lone Star Funds
| num_employees = 1,200 (2014)
| homepage = {{URL|http://www.homeproperties.com/}}
| footnotes = [1]
}}

Home Properties owns, operates, acquires, and renovates apartment communities. As of December 31, 2014, the company owned 42,107 apartment units, all of which were in Washington, D.C., Baltimore, Philadelphia, Long Island, Northern New Jersey, Boston, Chicago, and Florida. The company is owned by Lone Star Funds.

The company specializes in acquiring older "Class C" and "Class B-" apartment communities and upgrading them to at least "Class B" quality.[2][3]

History

Home Properties dates back to Home Leasing Corporation, a company founded in 1967 by twin brothers Nelson and Norman Leenhouts.[4]

Home Properties, Inc. was formed in 1993 and, on August 4, 1994, the company became a public company via an initial public offering.[1]

In February 2003, the company acquired a property in Stoughton, Massachusetts for $34 million.[5]

In September 2003, the company acquired a property in Silver, Spring, Maryland for $58.9 million.[6] The company sold the property in April 2013.[7]

Effective January 1, 2004, Edward J. Pettinella was named President and CEO.[8]

In December 2005, the company acquired two contiguous apartment communities, Peppertree Farm and Cinnamon Run, in Silver Spring, Maryland for $172 million.[9]

In March 2007, the company acquired a property in Beverly, Massachusetts for $36.4 million.[10]

In September 2011, the company acquired a property in White Marsh, Maryland for $90.4 million.[11]

In July 2012, the company acquired a property in Ellicott City, Maryland for $186 million.[12]

In December 2013, the company acquired a property in Brookhaven, Pennsylvania for $15.5 million.[13]

In February 2014, the company sold a property in Montgomery Village, Maryland for $110 million.[14]

In February 2015, the company acquired a property in Matawan, New Jersey for $31 million.[15]

In October 2015, Lone Star Funds acquired the company.[16]

References

1. ^{{cite web | url=https://www.sec.gov/Archives/edgar/data/923118/000110465915013340/a14-25081_110k.htm | title=HOME PROPERTIES, INC. 2016 Form 10-K Annual Report | publisher=U.S. Securities and Exchange Commission}}
2. ^{{cite news | url=http://www.multifamilyexecutive.com/business-finance/theres-no-place-like-home_o | title=There's No Place Like Home | first=Miriam | last=Lupkin | work=Multifamily Executive | date=May 3, 2005}}
3. ^{{cite news | url=http://www.multifamilyexecutive.com/design-development/renovations/home-properties-does-total-rehab_o | title=Home Properties Does Total Rehab | first=Jennifer Duell | last=Popovec | work=Multifamily Executive | date=April 9, 2013}}
4. ^{{cite news | url=http://www.rochester.edu/newscenter/university-life-trustee-norman-leenhouts-dies-at-age-81/ | title=University Life Trustee Norman Leenhouts dies at age 81 | work=University of Rochester | date=January 9, 2017}}
5. ^{{cite news | url=https://www.bizjournals.com/boston/stories/2003/02/24/daily27.html | title=Home Properties buys Stoughton apartments for $34M | publisher=American City Business Journals | date=February 26, 2003}}
6. ^{{cite news | url=https://www.bizjournals.com/washington/stories/2003/09/15/daily15.html | title=N.Y. co. buys Silver Spring apartments | first=Jeff | last=Clabaugh | work=American City Business Journals | date=September 16, 2003}}
7. ^{{cite news | url=https://www.bizjournals.com/washington/breaking_ground/2013/04/home-properties-sheds-falkland-chase.html | title=Home Properties sheds Falkland Chase apartments | first=Daniel J. | last=Sernovitz | work=American City Business Journals | date=April 2, 2013}}
8. ^{{cite press release | url=http://www.businesswire.com/news/home/20031029005879/en/Home-Properties-Names-Pettinella-President-CEO-January | title=Home Properties Names Pettinella President and CEO; January 1, 2004 Appointment to Complete Management Succession Plan | publisher=PR Newswire | date=October 29, 2003}}
9. ^{{cite press release | url=http://www.businesswire.com/news/home/20060105006177/en/Home-Properties-Announces-Acquisitions-Stock-Repurchase-Update | title=Home Properties Announces Acquisitions and Provides Stock Repurchase Update | publisher=Business Wire | date=January 5, 2006}}
10. ^{{cite news | url=https://www.bizjournals.com/boston/stories/2007/03/19/daily22.html | title=Home Properties buys Windsor Courts in Beverly | work=American City Business Journals | date=March 20, 2007}}
11. ^{{cite news | url=https://www.bizjournals.com/baltimore/news/2011/09/21/home-properties-pays-904m-for-white.html | title=Home Properties pays $90.4M for White Marsh apartment complex | first=Ryan | last=Sharrow | work=American City Business Journals | date=September 21, 2011}}
12. ^{{cite news | url=https://www.bizjournals.com/baltimore/blog/real-estate/2012/07/home-properties-pays-186m-for.html | title=Home Properties pays $186M for Ellicott City apartment complex | first=Ryan | last=Sharrow | work=American City Business Journals | date=July 2, 2012}}
13. ^{{cite news | url=https://www.bizjournals.com/philadelphia/blog/real-estate/2013/12/home-properties-picks-up-another-local.html | title=Home Properties picks up another local apartment complex | first=Natalie | last=Kostelni | work=American City Business Journals | date=December 11, 2013}}
14. ^{{cite news | url=https://www.bizjournals.com/washington/breaking_ground/2014/02/montgomery-village-sells-for-110.html | title=Montgomery Village apartment complex sells for $110 million | first=Daniel J. | last=Sernovitz | work=American City Business Journals | date=February 28, 2014}}
15. ^{{cite press release | url=https://www.prnewswire.com/news-releases/home-properties-acquires-apartment-community-300040661.html | title=Home Properties Acquires Apartment Community | publisher=PR Newswire | date=February 24, 2015}}
16. ^{{cite press release | url=http://www.prnewswire.com/news-releases/home-properties-completes-sale-to-lone-star-funds-300155988.html | title=Home Properties Completes Sale to Lone Star Funds | publisher=PR Newswire | date=October 7, 2015}}

3 : 1993 establishments in New York (state)|Companies based in Rochester, New York|Companies established in 1993

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