ROCHESTER, N.Y., Oct. 24, 2013 /PRNewswire/ -- Home
Properties, Inc. (NYSE: HME) today announced the appointment of two
new directors, Michael D. Barnello
and Bonnie S. Biumi, effective
October 22, 2013. With the
addition of these two independent directors, the total number of
board members is eight.
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Barnello, age 48, has been President, Chief Executive Officer
and Trustee of LaSalle Hotel Properties (NYSE:LHO) since
2009. Prior to 2009, Barnello served as President,
Chief Operating Officer and Director. LaSalle Hotel
Properties is a real estate investment trust that buys, owns and
redevelops full-service hotels located in convention, resort and
major urban business markets. Prior to joining LaSalle Hotel
Properties, Barnello was Senior Vice President at LaSalle
Partners. Previously he held positions in hotel asset
management and acquisitions at VMS Realty Partners and Strategic
Realty Advisors, Inc. Barnello is on the Board of Governors
of the National Association of Real Estate Investment Trusts
(NAREIT) and is a graduate of the School of Hotel Administration at
Cornell University.
Biumi, age 51, was President and Chief Financial Officer from
2007 to 2012 of Kerzner International Resorts, Inc., a
developer, owner and operator of destination resorts, casinos and
luxury hotels in the Bahamas,
Mexico, Mauritius, the Maldives, South
Africa and Dubai. Previously, she held senior level
financial positions at NCL Corporation, Ltd., Royal Caribbean
Cruises, Ltd., Neff Corporation, Peoples Telephone Company, Inc.
and Price Waterhouse. Biumi serves on the board of Isle
of Capri Casinos and is a graduate of the University of Florida.
"Mike's and Bonnie's diversified real estate, management and
financial experience will be a tremendous asset to Home Properties'
board," said Clifford Smith, Chair
of Home Properties' Board of Directors. "The Company
will benefit greatly from their business expertise and broad
backgrounds."
Home Properties is a publicly traded apartment real
estate investment trust 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 118 communities containing 41,967
apartment units. For more information, visit Home Properties'
website at www.homeproperties.com.
SOURCE Home Properties, Inc.