Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - HOME PROPERTIES INC | Financial_Report.xls |
| EX-11 - EX-11 - HOME PROPERTIES INC | a14-25081_1ex11.htm |
| EX-21 - EX-21 - HOME PROPERTIES INC | a14-25081_1ex21.htm |
| EX-31.1 - EX-31.1 - HOME PROPERTIES INC | a14-25081_1ex31d1.htm |
| EX-32.1 - EX-32.1 - HOME PROPERTIES INC | a14-25081_1ex32d1.htm |
| EX-31.2 - EX-31.2 - HOME PROPERTIES INC | a14-25081_1ex31d2.htm |
| EX-32.2 - EX-32.2 - HOME PROPERTIES INC | a14-25081_1ex32d2.htm |
| 10-K - 10-K - HOME PROPERTIES INC | a14-25081_110k.htm |
| EX-23 - EX-23 - HOME PROPERTIES INC | a14-25081_1ex23.htm |
|
Debt Summary Schedule |
Exhibit 99 |
|
($ in thousands) |
|
|
|
|
|
|
Interest |
|
12/31/14 |
|
|
|
|
Property |
|
Lender |
|
Rate % |
|
Balance |
|
Maturity Date |
|
|
Fixed Rate Secured |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Westchester West - 1st |
|
Berkeley Point Capital - Freddie Mac |
|
6.15% |
|
$ 25,631 |
|
03/01/15 |
|
|
Westchester West - 2nd |
|
Berkeley Point Capital - Freddie Mac |
|
6.64% |
|
7,132 |
|
03/01/15 |
|
|
Stratford Greens |
|
Capital One Bank |
|
5.75% |
|
28,440 |
|
07/01/15 |
|
|
Sayville Commons |
|
M&T Realty - Freddie Mac |
|
5.00% |
|
36,143 |
|
08/01/15 |
|
|
Charleston Place |
|
Wells Fargo - Freddie Mac |
|
3.77% |
|
31,480 |
|
09/01/15 |
|
|
Charleston Place |
|
Wells Fargo - Freddie Mac |
|
3.77% |
|
21,543 |
|
09/01/15 |
|
|
Charleston Place |
|
Wells Fargo - Freddie Mac |
|
3.77% |
|
18,544 |
|
09/01/15 |
|
|
Cypress Place Apartments |
|
Prudential - Fannie Mae |
|
6.56% |
|
9,614 |
|
11/01/15 |
|
|
Golf Club Apartments |
|
Prudential - Fannie Mae |
|
6.38% |
|
30,951 |
|
11/01/15 |
|
|
Northwood Apartments |
|
M&T Realty - Freddie Mac |
|
5.50% |
|
9,870 |
|
12/01/15 |
|
|
Cinnamon Run - 1st |
|
M&T Realty - Freddie Mac |
|
5.25% |
|
46,312 |
|
01/01/16 |
|
|
Cinnamon Run - 2nd |
|
M&T Realty - Freddie Mac |
|
5.55% |
|
4,818 |
|
01/01/16 |
|
|
Peppertree Farm - 1st |
|
M&T Realty - Freddie Mac |
|
5.25% |
|
71,284 |
|
01/01/16 |
|
|
Peppertree Farm - 2nd |
|
M&T Realty - Freddie Mac |
|
5.55% |
|
1,752 |
|
01/01/16 |
|
|
The Hamptons/Vinings at Hamptons |
|
Prudential - Fannie Mae |
|
5.57% |
|
46,717 |
|
02/01/16 |
|
|
Devonshire - 1st |
|
Wachovia - Fannie Mae |
|
5.60% |
|
34,239 |
|
04/01/16 |
|
|
Devonshire - 2nd |
|
Wachovia - Fannie Mae |
|
6.24% |
|
7,880 |
|
04/01/16 |
|
|
Mid-Island |
|
Prudential - Fannie Mae |
|
5.48% |
|
18,173 |
|
04/01/16 |
|
|
Owings Run 1 & 2 |
|
Prudential - Fannie Mae |
|
5.59% |
|
39,382 |
|
04/01/16 |
|
|
The Manor East |
|
KeyBank - Freddie Mac |
|
3.25% |
|
6,610 |
|
04/01/16 |
|
|
Country Village |
|
Centerline (CIII) - Fannie Mae |
|
5.52% |
|
17,184 |
|
06/01/16 |
|
|
Fox Hall Apartments |
|
Columbia Nat’l - Freddie Mac |
|
5.61% |
|
47,000 |
|
06/01/17 |
|
|
Mill Towne Village |
|
Prudential - Fannie Mae |
|
5.99% |
|
24,239 |
|
09/01/17 |
|
|
Royal Gardens Apts. |
|
M&T Realty - Freddie Mac |
|
5.83% |
|
47,000 |
|
11/01/17 |
|
|
Village Square 1, 2 & 3 |
|
Prudential - Fannie Mae |
|
5.81% |
|
39,285 |
|
12/01/17 |
|
|
Chatham Hill |
|
M&T Realty - Freddie Mac |
|
5.59% |
|
41,720 |
|
01/01/18 |
|
|
William Henry Apartments |
|
PNC - Fannie Mae |
|
4.85% |
|
26,904 |
|
01/01/18 |
|
|
Seminary Towers Apartments |
|
Prudential - Fannie Mae |
|
5.49% |
|
53,515 |
|
07/01/18 |
|
|
Bonnie Ridge - 1st |
|
Prudential Life |
|
6.60% |
|
6,325 |
|
12/15/18 |
|
|
Bonnie Ridge - 2nd |
|
Prudential Life |
|
6.16% |
|
16,098 |
|
12/15/18 |
|
|
Bonnie Ridge - 3rd |
|
Prudential Life |
|
6.07% |
|
23,178 |
|
12/15/18 |
|
|
Annapolis Roads |
|
Amerisphere - Fannie Mae |
|
5.12% |
|
22,599 |
|
01/01/19 |
|
|
Ridgeview at Wakefield Valley |
|
M&T Realty - Freddie Mac |
|
5.75% |
|
17,126 |
|
01/01/19 |
|
|
The Sycamores |
|
M&T Realty - Freddie Mac |
|
5.71% |
|
19,959 |
|
01/01/19 |
|
|
Top Field Apartments |
|
M&T Realty - Fannie Mae |
|
4.84% |
|
15,610 |
|
01/01/19 |
|
|
Westwood Village |
|
M&T Realty - Freddie Mac |
|
5.68% |
|
43,722 |
|
01/01/19 |
|
|
The Brooke at Peachtree |
|
Wells Fargo - Fannie Mae |
|
5.47% |
|
11,553 |
|
07/01/19 |
|
|
Glen Manor |
|
Prudential - Fannie Mae |
|
5.83% |
|
7,476 |
|
08/01/19 |
|
|
Ridley Brook |
|
Prudential - Fannie Mae |
|
5.83% |
|
12,411 |
|
08/01/19 |
|
|
The Courts at Fair Oaks |
|
Walker&Dunlop - Freddie CME |
|
4.50% |
|
46,090 |
|
08/01/19 |
|
|
Southern Meadows |
|
Red Mortgage - Fannie Mae |
|
5.36% |
|
38,339 |
|
10/01/19 |
|
|
Elmwood Terrace |
|
M&T Realty - Fannie Mae |
|
5.56% |
|
25,219 |
|
11/01/19 |
|
|
Lakeview |
|
Greystone - Fannie Mae |
|
5.31% |
|
8,547 |
|
12/01/19 |
|
|
The Landings |
|
Prudential - Fannie Mae |
|
5.60% |
|
24,618 |
|
01/01/20 |
|
|
East Meadow Apartments |
|
M&T Realty - Freddie Mac |
|
5.40% |
|
13,853 |
|
05/01/20 |
|
|
Selford Townhomes |
|
M&T Realty - Freddie Mac |
|
5.40% |
|
8,375 |
|
05/01/20 |
|
|
Stone Ends Apts. |
|
M&T Realty - Freddie Mac |
|
5.40% |
|
23,590 |
|
05/01/20 |
|
|
Tamarron Apartments |
|
M&T Realty - Freddie Mac |
|
5.40% |
|
13,861 |
|
05/01/20 |
|
|
The Manor (VA) |
|
M&T Realty - Freddie Mac |
|
5.40% |
|
13,009 |
|
05/01/20 |
|
|
Woodmont Village |
|
M&T Realty - Freddie Mac |
|
5.40% |
|
9,387 |
|
05/01/20 |
|
|
The Lakes of Schaumburg |
|
Midland Loan Services - Freddie CME |
|
3.50% |
|
33,625 |
|
09/01/20 |
|
|
Trexler Park |
|
Greystone - Fannie Mae |
|
4.34% |
|
36,015 |
|
09/01/20 |
|
|
Arbor Park of Alexandria |
|
Prudential - Fannie Mae |
|
4.35% |
|
90,853 |
|
11/01/20 |
|
|
New Orleans Park |
|
M&T Realty - Fannie Mae |
|
4.58% |
|
22,127 |
|
11/01/20 |
|
|
Racquet Club East |
|
PNC - Fannie Mae |
|
4.74% |
|
35,469 |
|
12/01/20 |
|
|
Heritage Woods Apts |
|
Greystone - Fannie Mae |
|
5.39% |
|
13,701 |
|
01/01/21 |
|
|
The Meadows at Marlborough |
|
Prudential - Fannie Mae |
|
5.50% |
|
20,028 |
|
01/01/21 |
|
|
Home Properties of Devon |
|
M&T Realty - Fannie Mae |
|
4.85% |
|
57,323 |
|
08/01/21 |
|
|
Pleasant View Gardens |
|
Prudential - Fannie Mae |
|
4.51% |
|
90,014 |
|
11/01/21 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Wtd Avg Rate/Total Debt - Fixed Rate Secured |
|
|
|
5.20% |
|
$1,613,465 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Variable Rate Secured |
|
|
|
|
|
|
|
|
|
|
Sherry Lake |
|
M&T Realty - Freddie Mac |
|
2.90% |
|
23,709 |
|
04/01/17 |
|
|
Debt Summary Schedule |
Exhibit 99 |
|
($ in thousands) |
|
|
|
|
|
|
Interest |
|
12/31/14 |
|
|
|
|
|
|
Lender |
|
Rate % |
|
Balance |
|
Maturity Date |
|
|
Property |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Wtd Avg Rate/Total Debt - Variable Rate Secured |
|
2.90% |
|
$ 23,709 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
Wtd Avg Rate/Total Debt - Total Secured Debt |
|
5.17% |
|
$1,637,175 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
Fixed Rate Unsecured |
|
|
|
|
|
|
|
|
|
|
Private Placement Senior Notes - Series A |
|
Various Investors |
|
4.46% |
|
$ 90,000 |
|
12/19/18 |
|
|
Private Placement Senior Notes - Series B |
|
Various Investors |
|
5.00% |
|
60,000 |
|
12/19/21 |
|
|
Senior Notes |
|
Prudential Life Insurance |
|
4.16% |
|
50,000 |
|
06/27/19 |
|
|
Bank Term Loan-Interest Rate Swapped to Maturity |
|
M&T Bank et. al. |
|
1.69% |
|
250,000 |
|
08/18/18 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Variable Rate Unsecured |
|
|
|
|
|
|
|
|
|
|
Bank Term Loan 180-Day |
|
M&T Bank |
|
1.19% |
|
100,000 |
|
05/18/15 |
|
|
Revolving Line of Credit |
|
M&T Bank et. al. |
|
1.19% |
|
269,000 |
|
08/18/17 |
|
|
Adjusts Daily 30 LIBOR + 1.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Wtd Avg Rate/Total Debt - Total Unsecured Debt |
|
2.16% |
|
$ 819,000 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Combined Debt |
|
|
|
4.16% |
|
$2,456,175 |
|
|
|