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Real Estate Investments | 9 Months Ended
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Sep. 30, 2025
Real Estate [Abstract] |
Real Estate Investments |
2. | Real Estate Investments
The following tables detail the properties acquired for the periods set forth below:
(in thousands) | Nine months ended September 30, 2025 |
Date Purchased | Property Name | City/State | Property Type | Regency's Ownership | Purchase Price (1) |  |  | Debt Assumed, Net of Discounts (Premium) (1) |  |  | Intangible Assets (1) |  |  | Intangible Liabilities (1) |
Consolidated |  |  |  |  |  |  |  |  |  |  |  |  |
1/1/2025 | Putnam Plaza (2) | Carmel Hamlet, NY | Operating | 100% | $ | 31,000 |  |  |  | 16,749 |  |  |  | 4,308 |  |  |  | 460 |
1/10/2025 | Orange Meadows | Orange, CT | Outparcel | 100% |  | 4,200 |  |  |  | — |  |  |  | 354 |  |  |  | 299 |
3/14/2025 | Brentwood Place | Nashville, TN | Operating | 100% |  | 118,500 |  |  |  | 40,060 |  |  |  | 9,371 |  |  |  | 18,295 |
7/23/2025 | Rancho Mission Viejo Portfolio (3) | Various, CA | Operating | 100% |  | 357,000 |  |  |  | 126,860 |  |  |  | 45,356 |  |  |  | 2,224 |
8/1/2025 | Chestnut Ridge Shopping Center (4) | Montvale, NJ | Operating | 100% |  | 18,300 |  |  |  | — |  |  |  | 3,070 |  |  |  | 458 |
8/1/2025 | Baybrook East (4) | Webster, TX | Operating | 100% |  | 29,097 |  |  |  | 11,778 |  |  |  | 2,978 |  |  |  | 991 |
8/1/2025 | Baybrook East Phase II | Webster, TX | Redevelopment | 100% |  | 3,597 |  |  |  | — |  |  |  | — |  |  |  | — |
9/15/2025 | The Villages at Seven Pines | Jacksonville, FL | Development | 100% |  | 8,466 |  |  |  | — |  |  |  | — |  |  |  | — |
9/19/2025 | Ellis Village Center | Tracy, CA | Development | 100% |  | 1,350 |  |  |  | — |  |  |  | — |  |  |  | — |
Total consolidated |  |  |  | $ | 571,510 |  |  |  | 195,447 |  |  |  | 65,437 |  |  |  | 22,727 |
Unconsolidated |  |  |  |  |  |  |  |  |  |  |  |  |
5/12/2025 | Armonk Square | Armonk, NY | Operating | 20% |  | 26,250 |  |  |  | 11,884 |  |  |  | 2,405 |  |  |  | 5,498 |
Total unconsolidated |  |  |  | $ | 26,250 |  |  |  | 11,884 |  |  |  | 2,405 |  |  |  | 5,498 |
Total property acquisitions |  |  |  | $ | 597,760 |  |  |  | 207,331 |  |  |  | 67,842 |  |  |  | 28,225 |
(1) Amounts for purchase price and allocation are reflected at 100%. (2) This property was held within a single property unconsolidated real estate partnership, in which the Company held a 66.7% ownership interest. Effective January 1, 2025, the Company purchased its partner's remaining 33.3% ownership interest. Upon acquisition, this property was consolidated into Regency's financial statements. (3) In July 2025, the Company completed a $357 million acquisition of five operating properties, all located in Orange County, California. The purchase price was funded through a combination of units of the Operating Partnership issued at $72 per unit, and the assumption of $150 million of secured mortgage debt with a weighted average interest rate of 4.2% and a weighted average remaining term of approximately 12 years. (4) These properties were held within single property unconsolidated real estate partnerships, in which the Company held a 50.0% ownership interest in each. Effective August 1, 2025, the Company purchased each of its partners' remaining 50.0% ownership interests. Upon acquisition, these properties were consolidated into Regency’s financial statements. During the three months ended September 30, 2025, the Company acquired its partners’ remaining ownership interests in two existing consolidated properties for a combined purchase price of $29.4 million. Following these transactions, the Company now owns 100% of the equity interests in both properties. Subsequent to the period ended September 30, 2025, an unconsolidated real estate investment partnership in which the Company holds an interest completed a partial distribution-in-kind (“DIK”) transaction involving a total of eleven operating properties. The Company received five of these properties, which had an aggregate fair value of approximately $113 million, and assumed an existing fixed rate mortgage loan on one property of $10 million maturing January 2026 with an interest rate of 3.95%. The remaining six properties were distributed to the other partner.
(in thousands) | Nine months ended September 30, 2024 |
Date Purchased | Property Name | City/State | Property Type | Regency's Ownership | Purchase Price (1) |  |  | Debt Assumed, Net of Discounts (Premium) (1) |  |  | Intangible Assets (1) |  |  | Intangible Liabilities (1) |
Consolidated |  |  |  |  |  |  |  |  |  |  |  |  |
2/23/2024 | The Shops at Stone Bridge | Cheshire, CT | Development | 100% | $ | 8,000 |  |  |  | — |  |  |  | — |  |  |  | — |
5/3/2024 | Compo Acres North shopping center | Westport, CT | Operating | 100% |  | 45,500 |  |  |  | — |  |  |  | 5,360 |  |  |  | 2,175 |
7/16/2024 | Jordan Ranch Market | Houston, TX | Development | 50% |  | 15,784 |  |  |  | — |  |  |  | — |  |  |  | — |
8/21/2024 | Oakley Shops at Laurel Fields | Oakley, CA | Development | 100% |  | 2,120 |  |  |  | — |  |  |  | — |  |  |  | — |
Total consolidated |  |  |  | $ | 71,404 |  |  |  | — |  |  |  | 5,360 |  |  |  | 2,175 |
Unconsolidated |  |  |  |  |  |  |  |  |  |  |  |  |
8/30/2024 | East Greenwich Square | East Greenwich, RI | Operating | 70% |  | 46,650 |  |  |  | — |  |  |  | 5,127 |  |  |  | 1,877 |
Total unconsolidated |  |  |  | $ | 46,650 |  |  |  | — |  |  |  | 5,127 |  |  |  | 1,877 |
Total property acquisitions |  |  |  | $ | 118,054 |  |  |  | — |  |  |  | 10,487 |  |  |  | 4,052 |
(1) Amounts for purchase price and allocation are reflected at 100%.

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- Definition The entire disclosure for certain real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 974 -SubTopic 720 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477728/974-720-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 976 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/976/tableOfContent Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 978 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/978/tableOfContent Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 970 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/970/tableOfContent Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 972 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/972/tableOfContent Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 974 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/974/tableOfContent + Details
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