Home Properties Announces Three Acquisitions Totaling $204.4M


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Home Properties, Inc. (NYSE: HME) today announced that, on September 30, 2010, it purchased apartment communities in Ellicott City, Maryland, Fairfax, Virginia and the Town of Brookhaven in Suffolk County, New York for a combined total purchase price of $204.4 million. Year-to-date the Company has purchased assets of approximately $325 million."These three acquisitions, in several of Home Properties' key geographic markets, will be immediately accretive to earnings," said Edward J. Pettinella, President and CEO of Home Properties. "Year-to-date we have purchased eight apartment communities with nearly 2,500 units, which have significant redevelopment potential that will contribute to future revenue growth, enhancing shareholder value."

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: NewsM&AFinancialsResidential REIT's