Regency Multifamily grew by 159 units on Wednesday, September 22nd with the purchase of Red44 in Rochester, MN. The luxury property is located just seven and a half miles south of The Pines of Rochester, another Regency Multifamily community. The addition of Red44 brings the total number of Regency-owned and managed apartments in Rochester to 543 between the two properties.
Red44 offers upscale studio, 1, and 2-bedroom apartment homes as well as penthouses. The apartments boast luxury finishes, granite countertops, stainless steel appliances, in-unit washer/dryer, private patios and balconies, and wood-style flooring. In addition, residents will have access to a wide range of amenities including a swimming pool, leash-free dog park, electric car charging station, sky lounge and rooftop deck, state-of-the-art fitness center, and more. Residents will also have access to Red44’s free shuttle service that travels from the property to Downtown Rochester and back.
“We have been eager to grow in the Rochester market since our purchase of The Pines in 2018,” said Teresa Kelnhofer, President and CEO of Regency Multifamily. “Red44 is an excellent fit for our portfolio, and we are excited to share our award-winning service with our new residents.”