Financial Performance - Net Income Attributable to Common Shareholders for Q3 2024 was $98.1 million, or $0.54 per diluted share, compared to $89.1 million, or $0.50 per diluted share in Q3 2023, representing an 8.9% increase year-over-year[21]. - Nareit FFO for Q3 2024 was $195.1 million, or $1.07 per diluted share, compared to $182.8 million, or $1.02 per diluted share in Q3 2023, reflecting a 9.2% increase year-over-year[26]. - Core Operating Earnings for Q3 2024 were $187.8 million, or $1.03 per diluted share, up from $174.0 million, or $0.97 per diluted share in Q3 2023, indicating a 7.0% increase year-over-year[27]. - Total revenues for Q3 2024 increased to $360.3 million, up 8.9% from $330.6 million in Q3 2023[70]. - Lease income rose to $349.1 million, a 8.7% increase compared to $320.9 million in the same quarter last year[70]. - Net income attributable to common shareholders for Q3 2024 was $98,056, compared to $89,076 in Q3 2023, reflecting a year-over-year increase of 10.6%[38]. - Nareit FFO for the year-to-date 2024 was $591,420, up from $546,048 in the same period of 2023, representing an increase of 8.3%[38]. - Same Property NOI for Q3 2024 was $235,588, a 4.2% increase from $225,999 in Q3 2023[39]. - Total market capitalization as of September 30, 2024, was $18,266,139,000, up from $17,263,582,000 at the end of 2023, indicating a growth of 5.8%[62]. Guidance and Projections - Updated 2024 Nareit FFO guidance to a range of $4.27 to $4.29 per diluted share, and Core Operating Earnings guidance to a range of $4.12 to $4.14 per diluted share, representing over 5% year-over-year growth at the midpoint[24]. - Full Year 2024 guidance for Net Income Attributable to Common Shareholders per diluted share is projected at $2.13 - $2.15, up from the previous guidance of $2.02 - $2.06[31]. - Nareit Funds From Operations (FFO) per diluted share is expected to be $4.27 - $4.29, an increase from the prior guidance of $4.21 - $4.25[31]. - Core Operating Earnings per diluted share guidance is set at $4.12 - $4.14, compared to the previous range of $4.06 - $4.10[31]. - Same property NOI growth without termination fees or collection of 2020/2021 reserves is projected at +/- 3.50%, an increase from the previous estimate of +2.25% to +2.75%[31]. Leasing and Occupancy - Same Property percent leased reached 96.1%, an increase of 20 basis points sequentially and 80 basis points year-over-year[29]. - Executed 1.8 million square feet of comparable new and renewal leases in Q3 2024, with blended cash rent spreads of +9.3% and blended straight-lined rent spreads of +20.7%[29]. - The percentage of leased retail operating properties improved to 95.9%, compared to 94.9% in Q3 2023[70]. - The total annual base rent (ABR) as of September 30, 2024, was $1,167,133,000, with an average ABR per sq. ft. of $24.91 across 483 properties[119]. - The total number of leases signed but not yet commenced as of September 30, 2024, was 336, covering 1,824,000 sq. ft. with an annual ABR of $48,643,000[116]. Development and Acquisitions - Initiated over $100 million in new development and redevelopment projects in Q3 2024, bringing the year-to-date total to $220 million[24]. - The company acquired East Greenwich Square for approximately $33 million and University Commons for about $14 million, while disposing of Fenton Marketplace for $12 million and an office building in Greenwich for $3 million[33]. - The company completed acquisitions totaling $78,155,000 in May and August 2024, with properties including Compo Shopping Center and East Greenwich Square[101]. - Dispositions in early 2024 totaled $106,500,000, including properties like Glengary Shoppes and Tamarac Town Square[102]. Debt and Financial Position - Outstanding debt as of September 30, 2024, was $4,966,828,000, compared to $4,688,805,000 at the end of 2023, representing an increase of 5.9%[62]. - Total liabilities decreased to $611.6 million from $565.8 million, a reduction of 8.1%[75]. - The company has a total of $4,395,007,000 in debt, with an overall effective interest rate of 4.10%[90]. - The average interest rate on total debt is 4.08% as of September 30, 2024, compared to 3.9% as of December 31, 2023[95]. - The company has a cash and cash equivalents balance of $73,731,000 and tenant receivables of $91,403,000[167]. Market and Tenant Overview - Grocery tenants represent 20% of the total ABR, while quick service/fast casual restaurants account for 13%[124]. - The company has a significant tenant exposure, with 58% of ABR coming from shop tenants and 42% from anchor tenants[124]. - Major tenants across the portfolio include CVS, Safeway, and Target, indicating a strong retail presence in the properties[135]. - The average base rent per square foot across various properties ranges from $7.29 to $57.98, with notable examples including $57.98 at Bayhill Shopping Center and $7.29 at Golden Hills Plaza[135]. Future Strategies - The company anticipates continued growth in 2024, with forward-looking statements indicating expectations based on reasonable assumptions, though actual results may differ due to various risks[47]. - Future expansion strategies may include increasing the percentage of leased properties and enhancing tenant mix to improve overall performance[135]. - The company is focusing on expanding its presence in the Bridgeport-Stamford-Norwalk area, which has shown strong leasing performance[141]. - Future guidance indicates a projected increase in rental income by 5% for the next fiscal year[146]. - The company is actively monitoring market trends to identify potential acquisition opportunities that align with its growth strategy[145].

Financial Performance - Net income attributable to common shareholders for the six months ended June 30, 2024, was $205.6 million, an increase from $184.1 million for the same period in 2023[138] - Net income attributable to common shareholders increased by $12.5 million, reaching $99.3 million compared to $86.8 million in the previous year[152] - Total revenues for the six months ended June 30, 2024, were $721.1 million, up from $632.2 million in 2023, marking an increase of $88.9 million[154] - Net income attributable to common shareholders for the three months ended June 30, 2024, was $99.3 million, up from $86.8 million in 2023[166] - Nareit FFO attributable to common stock and unit holders increased to $196.4 million for the three months ended June 30, 2024, compared to $176.8 million in 2023[167] - Core Operating Earnings for the three months ended June 30, 2024, were $189.3 million, an increase from $164.7 million in 2023[167] Property and Leasing - As of June 30, 2024, the company had a total of 380 properties with a gross leasable area (GLA) of 43,815 thousand square feet, compared to 381 properties and 43,758 thousand square feet as of December 31, 2023[138] - The percentage leased for operating and development properties remained stable at 94.9% as of June 30, 2024[138] - The percentage leased for operating properties was 95.3%, slightly down from 95.4% as of December 31, 2023[138] - A total of 984 new and renewal leasing transactions were executed, representing 4.1 million Pro-rata SF with positive rent spreads of 8.9% for the six months ended June 30, 2024[139] - The total property portfolio was 95.0% leased as of June 30, 2024, compared to 94.6% as of June 30, 2023[139] Revenue and Income - Total lease income increased by $43.4 million to $347.8 million for the three months ended June 30, 2024, primarily due to a $31.5 million increase in base rent[144][146] - Total lease income rose by $87.7 million, driven by a $62.7 million increase in base rent, largely from the UBP acquisition[154] - Base rent increased by $6.4 million (2.7%) and $12.7 million (2.7%) for the three and six months ended June 30, 2024, respectively, due to positive rental spreads and increased occupancy[165] Expenses and Costs - Operating expenses increased by $30.4 million to $233.2 million for the three months ended June 30, 2024, with depreciation and amortization costs rising by $17.8 million[147] - Depreciation and amortization costs increased by $32.7 million, reflecting higher asset values post-acquisition[156] - Interest expense, net increased by $6.2 million, with interest on notes payable rising to $46.9 million from $37.2 million[148] - Interest expense, net for the six months ended June 30, 2024, was $86.0 million, an increase of $12.7 million from the previous year[159] Development and Investment - Estimated Pro-rata project costs for current development projects totaled $577.6 million as of June 30, 2024, up from $468.1 million at December 31, 2023[139] - The company invested $141.8 million in real estate development and capital improvements during the first half of 2024, a $41.7 million increase from 2023[184] - The company has ongoing development projects with estimated net development costs totaling $220.5 million, with 49% of costs incurred as of June 30, 2024[185] - Redevelopment projects in process have estimated net project costs of $357.1 million, with 49% of costs incurred[187] Capital Structure and Liquidity - The company focuses on maintaining a conservative capital structure and sufficient liquidity to fund investment opportunities and debt maturities[138] - The company has $73.8 million of unrestricted cash and additional capital sources including a $1.5 billion line of credit with $1.18 billion available[173] - The company estimates a capital requirement of approximately $530.6 million over the next 12 months for leasing commissions, tenant improvements, and debt repayment[176] - Compliance with financial covenants was maintained as of June 30, 2024, ensuring continued borrowing capacity[179] Shareholder Returns - The company aims to create shareholder value by increasing earnings and dividends per share, targeting total returns at or near the top of its shopping center peers[137] - The company declared a common stock dividend of $0.67 per share, payable on October 3, 2024[174] - The company plans to continue paying dividends that meet REIT qualification requirements, having paid $255.4 million in dividends to common and preferred stockholders during the six months ended June 30, 2024[175] Environmental and Social Responsibility - The company is committed to implementing leading environmental, social, and governance (ESG) practices through its Corporate Responsibility program[137] - The company emphasizes the importance of a talented and diverse team to drive innovation and continuous improvement[137] Market and Economic Conditions - The company has implemented strategies to mitigate inflation impacts on construction costs, including fixed cost contracts and pre-ordering materials[176] - The company expects that a 100 basis point increase in interest rates could decrease future earnings and cash flows by approximately $3.1 million annually based on $313.8 million of floating rate mortgage debt[198] Credit and Ratings - Regency received a credit rating upgrade to A3 with a stable outlook from Moody's Investors Service[139]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12298 (Regency Centers Corporation) Commission File Number 0-24763 (Regency Centers, L.P.) REGENCY CENTERS CORPORATION REGENCY CENTERS, L.P. (E ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12298 (Regency Centers Corporation) Commission File Number 0-24763 (Regency Centers, L.P.) REGENCY CENTERS CORPORATION REGENCY CENTERS, L.P. (Exact ...

Financial Performance - Net income attributable to common shareholders for the nine months ended September 30, 2023, was $273.1 million, down from $387.6 million in the same period of 2022, which included gains on sale of real estate of $106.5 million [129]. - Net income attributable to common shareholders for the three months ended September 30, 2023, was $89.1 million, a slight increase from $87.6 million in the same period of 2022 [169]. - Total lease income for the nine months ended September 30, 2023, was $934.2 million, an increase of $51.9 million compared to $882.3 million in 2022 [151]. - Total lease income for the three months ended September 30, 2023, was $320,921,000, an increase of $25,165,000 compared to the same period in 2022 [142]. - The company recognized a gain on sale of real estate of $0.5 million during the nine months ended September 30, 2023, compared to a gain of $106.5 million in the same period of 2022 [155]. - Total equity in income of investments in real estate partnerships decreased by $11.6 million, with net income attributable to common shareholders dropping to $273.1 million from $387.6 million, a decline of 29.5% [158]. Leasing and Occupancy - A total of 1,310 new and renewal leasing transactions were executed, representing 4.8 million Pro-rata square feet, with positive rent spreads of 9.2% during the nine months ended September 30, 2023 [130]. - The total property portfolio was 94.6% leased as of September 30, 2023, compared to 94.8% and 94.6% for December 31, 2022, and September 30, 2022, respectively [130]. - The Same Property portfolio was 95.4% leased as of September 30, 2023, compared to 95.1% and 94.7% for December 31, 2022, and September 30, 2022, respectively [130]. - The percentage leased for operating and development properties was 94.6% as of September 30, 2023, slightly down from 94.8% as of December 31, 2022 [133]. - Pro-rata same property NOI, excluding termination fees, increased by 2.0% compared to the nine months ended September 30, 2022, driven by improvements in base rent and occupancy rates [130]. - Pro-rata Same Property NOI for the nine months ended September 30, 2023, was $683.0 million, compared to $666.9 million for the same period in 2022, reflecting a growth of 2.4% [169]. Acquisitions and Investments - The company completed the acquisition of UBP in an all-stock transaction, adding 74 properties to its portfolio of grocery-anchored shopping centers [130]. - The acquisition of UBP was completed on August 18, 2023, with a total purchase price of $1,140,061,000, including $818,530,000 in common stock issued and $225,000,000 in preferred stock issuance [132]. - The company acquired a 75% share in four properties held in the RegCal partnership for a total purchase price of $88.5 million, impacting consolidated results [156]. - The company invested $159.0 million in development, redevelopment, and improvement of real estate properties during 2023 [185]. - The company has access to a line of credit with a total commitment amount of $1.25 billion, with available capacity of $1.16 billion as of September 30, 2023 [174]. Financial Stability and Capital Structure - The company maintains a conservative capital structure with a strong balance sheet and sufficient liquidity to meet capital needs [129]. - The Pro-rata net debt and Preferred Stock-to-operating EBITDAre ratio was 5.5x on a trailing 12-month basis as of September 30, 2023, compared to 5.0x at December 31, 2022 [134]. - The company has no unsecured debt maturities until June 2024, with $1.2 billion available on the line of credit as of September 30, 2023 [134]. - The trailing 12-month fixed charge coverage ratio was 5.0x as of September 30, 2023, compared to 4.7x at the end of 2022, indicating improved financial stability [178]. - The company reported net cash used in financing activities of $303.9 million for the nine months ended September 30, 2023, a decrease of $52.6 million from the previous year [189]. Operating Expenses - Total operating expenses for the three months ended September 30, 2023, were $211.3 million, an increase of $22.3 million compared to $189.0 million in 2022 [146]. - General and administrative costs increased by $14.5 million for the nine months ended September 30, 2023, primarily due to higher compensation costs and professional fees [153]. - Total real estate operating expenses increased by $16.3 million for the nine months ended September 30, 2023, primarily due to higher operating and maintenance costs [164]. Environmental and Social Responsibility - The company is committed to implementing leading environmental, social, and governance (ESG) practices through its Corporate Responsibility Program [129]. - The company has secured environmental insurance policies for properties with known contamination to mitigate environmental risk [195]. - The company is actively working to require tenants to convert dry cleaning plants to more environmentally friendly systems in accordance with lease terms [195]. - The company acknowledges potential risks related to environmental liabilities and changing regulations that could impact its operations [196]. - The company is in the process of remediating certain sites with known environmental issues, demonstrating a commitment to compliance and risk management [195]. Shareholder Returns - The company aims to create shareholder value by increasing earnings and dividends per share to generate total returns at or near the top of its shopping center peers [129]. - The company declared a common stock dividend of $0.67 per share, payable on January 3, 2024, to shareholders of record as of December 14, 2023 [180].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12298 (Regency Centers Corporation) Commission File Number 0-24763 (Regency Centers, L.P.) REGENCY CENTERS CORPORATION REGENCY CENTERS, L.P. (Ex ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12298 (Regency Centers Corporation) Commission File Number 0-24763 (Regency Centers, L.P.) REGENCY CENTERS CORPORATION REGENCY CENTERS, L.P. (E ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12298 (Regency Centers Corporation) Commission File Number 0-24763 (Regency Centers, L.P.) REGENCY CENTERS CORPORATION REGENCY CENTERS, L.P. (Exact ...