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Regency Centers history
Regency Centers company history timeline
He returned to Jacksonville in 1976 to join the family business, but at first was put to work in an energy plant that Regency owned at the time.
In 1981 the company doubled the size of the mall and also began to expand its operations throughout Florida.
1988: Martin Stein dies and is succeeded as CEO by his son, Martin E. Stein, Jr.
By 1993 Regency's real estate holdings totaled 24 properties, including 21 shopping centers and three office complexes, half of them owned with investment partners.
In 1993, the company became a public company, raising $108 million in an initial public offering.
Regency received another infusion of cash in June 1996, when Security Capital Group bought a 43 percent stake at a cost of $132 million.
The year 1997 was also noteworthy because Joan Stein stepped down as Regency's chair, and was succeeded by her son.
Creation of Industry Powerhouse; Merger with Pacific Retail Trust in 1998
1999: Pacific Retail Trust is acquired.
All told, Regency spent about $500 million in 2000 on development deals.
In 2002 General Electric Capital Corporation acquired Security Capital Group Inc., in the process gaining majority ownership of Regency.
Regency launched a major push in the Philadelphia market in 2003 in the hope of opening a dozen shopping centers within the next two or three years.
In August 2013, the company sold a portfolio of 7 grocery-oriented shopping centers to a joint venture between Blackstone Group and DDR Corp. (now SITE Centers) for $332 million.
Longtime CEO Hap Stein stepped down from his role as Chairman & CEO in 2019.
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Regency Centers competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Federal Realty Investment Trust | 1962 | $1.2B | 313 | 18 |
| Lyons Group | 2017 | $75.0M | 176 | 3 |
| Taubman | 1950 | $661.1M | 420 | - |
| Vornado Realty Trust | 1982 | $1.8B | 2,899 | 4 |
| Brixmor Property Group | 2003 | $1.3B | 477 | 17 |
| Kimco Realty | 1958 | $2.0B | 484 | 24 |
| Forest Hills Financial Group | 1980 | $3.0M | 169 | - |
| Willow Bend Mortgage | - | $47.0M | 50 | - |
| Renaissance Acquisition Holdings | 2010 | $1.0B | 1,774 | 523 |
| Halliday Financial | 1982 | $990,000 | 50 | 5 |
Regency Centers history FAQs
Zippia gives an in-depth look into the details of Regency Centers, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Regency Centers. The employee data is based on information from people who have self-reported their past or current employments at Regency Centers. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Regency Centers. The data presented on this page does not represent the view of Regency Centers and its employees or that of Zippia.
Regency Centers may also be known as or be related to REGENCY CENTERS CORP, Regency Centers, Regency Centers Corp and Regency Centers Corporation.