Financial Services >> CEO Interviews >> March 24, 1999
NORMAN LEENHOUTS serves as Chairman and Co-Chief Executive Officer of
Home Properties of New York, Inc. and Nelson, his identical twin
brother, serves as President and Co-Chief Executive Officer. Norman
focuses on acquisitions, while Nelson takes the lead on property
management. Home Properties is a real estate investment trust (REIT)
that owns, manages, acquires and develops apartment communities in the
Northeastern, Mid-Atlantic and Midwestern United States. Home Properties
currently operates 260 communities containing 34,427 apartment units and
manages 1.7 million square feet of commercial space. Home Properties'
common stock is traded on the New York Stock Exchange and on the Berlin
Stock Exchange. According to Rochester Business Journal's Rochester Top
50 publication, Home Properties is ranked second among local public
companies in earnings, sales and employment growth. Since going public
in 1994, the company has acquired three quarters of a billion dollars
worth of apartments expanding the size of its operations. Profile
Properties?
Mr. Leenhouts: Home Properties' predecessor, Home Leasing, was founded
over thirty years ago by my
