NEWS

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Press Release

Regency Multifamily Expands Portfolio with Strategic Developments

The Legends Apartments (Champaign, IL) Introduces Single-Family Homes
Regency Multifamily is enhancing its luxury offerings at The Legends Apartments by introducing two- and three-bedroom single-family homes. The first set of houses was delivered in March 2024, followed by a second set nearing completion in March 2025. Pre-leasing is underway and exceeding expectations, with deliveries already leased into 2026. This development builds on a history of growth at the property, which has seen expansions in 2018, 2019, and 2025. The Legends remains a standout in Champaign’s rental market, offering resort-style amenities such as a 9-hole golf course free for residents, an indoor golf simulator, a pool, and a leash-free dog park. An additional 26 homes are scheduled for delivery by mid-2026, bringing the total units at The Legends to 354, further solidifying its status as a premier luxury community in Champaign.

The Pines of Rochester (Rochester, MN) Nears Completion of 134 Townhomes
Simultaneously, Regency Multifamily is nearing the completion of 134 one- and two-bedroom townhomes at The Pines of Rochester, bringing the total unit count to 716. This expansion, expected to be completed in early 2025, enhances the property’s appeal by offering modern luxury living and a spacious clubhouse with upscale amenities for residents. Leasing continues to be successful at The Pines, with units being leased well into 2026, reflecting strong demand for the property’s offerings. The Pines continues to cater to Rochester’s growing healthcare and tech sectors, providing benefits such as a complimentary weekday shuttle to downtown and convenient access to the Mayo Clinic.

Both developments showcase Regency Multifamily’s commitment to strategic growth and luxury living, addressing high demand in key markets while delivering exceptional resident experiences.