August 27, 2018, Champaign, IL – Regency Multifamily is proud to announce and welcome Shane Allen as Vice President of Finance & Accounting. Shane will be responsible for financial reporting to investors, monitoring liquidity needs for development, acquisitions, arranging lender financing, and placing insurance for risk management for the company. Shane joins the Regency Multifamily team with ten years of commercial real estate finance and lending experience. He was formerly SVP, Relationship Manager of Commercial Real Estate with Busey Bank…
NEWS
Lafayette, IN – Regency Multifamily has recently acquired the Overture Flats property conveniently located off State Road 26 and I-65 in Lafayette, Indiana. Overture Flats was completed in 2017 and includes 262 units comprised of one-, two- and three-bedroom luxury apartments with six bright, open floor plans and variety of resident-friendly amenities in this resort-like community.
ROCHESTER, MN – Regency Multifamily has recently expanded their portfolio with the acquisition this week of The Pines of Rochester property located on the desirable northwest side of Rochester, Minnesota. The Pines was completed in 2017 and includes 192 units comprised of one- and two-bedroom luxury apartments. Although Regency Multifamily purchased the Pines this month, they took over property management in January 2018. Within 60 days of Regency Multifamily managing The Pines, the occupancy rate rose from 60% to 97%…
Regency Multifamily is pleased to announce that we have officially broken ground on our newest phase of Adams Village this month. The new phase consists of 136 apartments, a new leasing center, luxury clubhouse and outside oasis. Our valued current Adams Village residents will now have access to the most upscale amenities package in the entire Bloomington MSA. Additionally, new residents will be able to enjoy these improvements at rental rates significantly below similar luxury communities in the area.
Champaign, IL – Regency Multifamily has again been nationally recognized for customer service excellence in its apartment communities located throughout the Midwest. Regency Multifamily has participated in the resident satisfaction survey for fourteen years and since 2007 Regency has consistently earned an award for National Multifamily Customer Service Award for Excellence in the category for portfolios with between six and twenty properties. The award, presented by CEL & Associates, Inc. recognizes companies whose management performance and commitment to the highest…