Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 7, 2012 Scott A. Doyle, Senior Vice President, Strategic Property Management and a named executive officer informed Home Properties, Inc. (the "Company") that he is retiring to pursue other interests effective on August 31, 2012. Doyle, who had been with the Company since 1996 was responsible for property management support operations in the Central Office. The Company will be examing its organizational structure to determine what makes the most sense going forward based on its business needs and the skills sets currently in place.

In the interim, Mr. Doyle's responsibilities will be absorbed by other senior executives, including Bernard J. Quinn, Senior Vice President, Property Management Operations. Quinn, who has been with the Company since 1997, is the chief operating manager for the Company's properties in all regions. The Company's four Regional Vice Presidents for Property Management all report to Quinn. He has served as a Senior Vice President of the Company since 2009 and Vice President since 2000. Prior to joining the Company, Quinn was a Regional Property Manager for Millcreek Realty Co. The Company purchased Millcreek's Philadelphia portfolio in 1997.