OREANDA-NEWS. Fitch Ratings has withdrawn the existing ratings for Home Properties, Inc. and its operating partnership Home Properties, L.P. (collectively, Home) following its acquisition by an affiliate of Lone Star Funds.

KEY RATING DRIVERS
The ratings withdrawal reflects that Home's rated obligations were pre-funded, repaid early or cancelled.

KEY ASSUMPTIONS
--Fitch will not have access to sufficient information to rate the issuer going forward.

RATING SENSITIVITIES
Not applicable.

LIQUIDITY
Not applicable.

FULL LIST OF RATING ACTIONS
The following ratings have been withdrawn:

Home Properties, Inc.
--Issuer Default Rating (IDR) 'BBB'; Rating Watch Negative.

Home Properties, L.P.
--IDR 'BBB'; Rating Watch Negative;
--Unsecured revolving credit facility 'BBB';
--Senior unsecured notes 'BBB';
--Senior unsecured term loans 'BBB'.