This Week
  • Research and development efforts in construction come from collaboration.

  • The first apartments will be ready next spring at Southpoint Cove in Penfield.

  • CEO Dawn Smith worked her way up through the ranks at Pace Electronics of Sodus.

  • Aloi Solutions LLC is focusing on automation and integration to grow.

  • The RBJ 75 supplement presents a list of the 75 largest private-sector employers.

  • The new edition of Explore Greater Rochester is here.

Home Properties to begin equity offering program

Rochester Business Journal
May 14, 2012

Home Properties Inc. may sell up to 4.4 million of its common share stock, filings with the Securities & Exchange Commission show.

The company said Monday it would initiate an At-The-Market equity offering program to sell the stock. The shares would be sold from time to time through various lending agencies who will act as sales agents or principals, officials said.

Home Properties said the net proceeds from the offering would be used for general corporate purposes, which could include the repayment of debt, working capital, capital expenditures, acquisitions and development of apartment communities.

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google