No Longer In Operation as of June 2019. Home Properties owned and managed apartment communities in suburbs of major metropolitan areas, primarily along the East Coast of the United States. Home Properties’ predecessor company was founded in 1967 by twin brothers Nelson and Norman Leenhouts. In 1994, the company went public on the New York Stock Exchange under the ticker symbol HME. At that time, the company owned 15 apartment communities in Upstate New York, growing to 120+ properties. In 2015, Home Properties was acquired by Lone Star Funds and once again became a privately held company. In 2019 the decision was made to sell the apartment communities and close the headquarters located in Rochester, NY.