2Q 2015 Home Properties Earnings Conference Call
Friday, July 31, 2015 11:00 AM ET.
REITWeek 2015®: NAREIT's Investor Forum®
Tuesday, June 09, 2015
|Home Properties (NYSE:HME) is a multifamily real estate investment trust (REIT) with operations in suburbs of major metropolitan areas, primarily along the East Coast of the United States. We adhere to a simple and straightforward business plan in our effort to provide investors with dependable financial returns that exceed those of comparable investments. Our apartment communities generate excellent financial results through physical improvements and an unwavering commitment to customer service. Home Properties has a proven, 20-year track record of creating and preserving value in multifamily rental housing.|
Our mission is to maximize long-term shareholder value by acquiring, repositioning, managing and owning market-rate apartment communities while enhancing the quality of life for our residents and providing employees with opportunities for growth and accomplishment.
Our vision is to be a prominent owner and manager of market-rate apartment communities located in high-barrier, high-growth markets.
Our business strategy includes
Aggressively managing and improving our communities to achieve increased net operating income.
Acquiring and repositioning apartment communities for long-term growth at prices that provide a positive spread over the Company’s long-term cost of capital.
Recycling assets by disposing of properties that have reached their potential or are less efficient to operate due to size or remote location.
Maintaining a strong and flexible capital structure with cost-effective access to the capital markets.
|Market Value ($M)||4,245.81|
|Stock Quote||$ 73.21|
|As of July 1, 2015|
Minimum 20 minute delay.