Home Properties Breaks Ground on Upscale Apartment Community

         Home Properties Breaks Ground on Upscale Apartment Community

The Courts at Spring Mill Station in Conshohocken, Pa.

PR Newswire

MALVERN, Pa., Oct. 26, 2012

MALVERN, Pa., Oct. 26, 2012 /PRNewswire/ --Home Properties, Inc. (NYSE: HME)
today announced the groundbreaking of its newest apartment community, The
Courts at Spring Mill Station, located in Whitemarsh Township, Conshohocken,
Pa. The groundbreaking was celebrated yesterday in ceremonies held onsite at
The Courts at Spring Mill Station.

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The Courts at Spring Mill Station is designed as an upscale community of 385
apartment homes within the Colonial School District. The community is directly
adjacent to the SEPTA Spring Mill Station for easy rail access to Center City,
Philadelphia, and the Greater Philadelphia area. TheCourts at Spring Mill
Station is also just steps from the Schuylkill River Trail, a 130-mile,
multi-use trail that runs from Valley Forge to Center City, and beyond.

Architecturally, The Courts at Spring Mill Station's two buildings will
reflect the area's rich industrial history, melding that history with every
modern convenience of a new apartment community. Additionally, the 18^th
century Miller's House at Spring Mill is being renovated as part of this
project for use as retail and/or professional offices. The Courts at Spring
Mill Station will offer studio, one-bedroom, and two-bedroom open floor plans,
available for rent in early 2014. Amenities designed for wellness and
relaxation that will be part of this premier apartment community include a
state-of-the-art fitness center with yoga studio, resort-style swimming pool,
indoor half-court for basketball and volleyball, and a Wi-Fi café with
computer stations and coffee bar. For more information about the many features
and amenities, visit CourtsAtSpringMill.com.

Home Properties is planning to achieve LEED Certification (Leadership in
Energy and Environmental Design) for The Courts at Spring Mill Station as part
of its commitment to environmental responsibility and to augment the green
living efforts of residents. Developed by the U.S. Green Building Council,
LEED is the nationally accepted benchmark for the design, construction, and
operation of high-performance green buildings. The Courts at Spring Mill
Station will include environmentally-friendly features like Energy Star
appliances, energy-efficient HVAC systems and windows, lower flow toilets and
faucets, and use of recycled and regional materials.

"Home Properties is excited about adding this new property to our other 18
apartment communities in the Philadelphia region," said Kerri Haltom, Home
Properties' Regional VicePresident, Philadelphia Region. "We are also pleased
to be able to offer residents at TheCourts at Spring Mill Station greener
lifestyle choices including the option to go totally car-free with SEPTA
outside their front door. Easy access to public transportation combined with
the many environmentally-friendly building practices Home Properties is
incorporating, makes a greener lifestyle attainable," said Haltom.

Home Properties is a publicly traded multifamily real estate investment trust
(REIT) that owns, operates, develops, acquires and rehabilitates apartment
communities primarily in selected Northeast and Mid-Atlantic markets. An S&P
400 Company, Home Properties owns and operates 127 communities containing
44,232 apartment units. For more information, visit HomeProperties' website
at homeproperties.com.

SOURCE Home Properties

Website: http://www.homeproperties.com
Contact: Charis W. Warshof, Vice President, Investor Relations,
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