Regency Centers Corp

Company facts

Industry

Real Estate Investment Trusts

Headquarters

Jacksonville, Florida

Most recent report

10-Q, filed Nov 6, 2026

Incorporated

Florida

Filings on record

1,006+ filings

On EDGAR

CIK 910606

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Sep 2026 10-Q

SECSift found 4 of 13 sections worth reading, with 2 positive, 8 notable, and 5 negative flags.

• Financial Statements (Item 1)

  Large impairment charge, debt refinancing, and new buyback/ATM programs all in the period.
  Notable

  • Issued $450M of 4.50% senior unsecured notes due 2033 in February 2026; repaid $200M of private placements in May and August.
  • New $500M ATM program reauthorized Feb 2026; $500M remained available as of Sep 30, 2026.

• Management's Discussion (Item 2)

  Large impairment charges, rising costs, and debt maturities offset solid leasing and NOI growth.
  Positive

  • Portfolio leased at 96.6% at September 30, 2026, up from 96.1% at December 31, 2025.
  • Rent spreads on new and renewal leases were positive 11.4% for the nine months ended September 30, 2026.
  Notable

  • Tenants in bankruptcy represent only 0.3% of pro-rata annual base rent at September 30, 2026.
  • Operating cash flow of $654.2 million covered $432.9 million in dividends for the nine months ended September 30, 2026.
  • Capital needs over next 12 months estimated at $1.4 billion for leasing, development, and debt repayment.
  Negative

  • $862.8 million of loans maturing in the next 12 months, including unconsolidated partnership share.
  • Impairment charges of $65.1 million on two operating properties in Q3 2026, up from $3.4 million a year ago.

• Market Risk (Item 3)

  Quantified interest rate exposure, swap coverage, and a detailed debt maturity table with rates.
  Notable

  • Variable line rate is Adjusted SOFR + 0.685% (4.655% at Sept 30, 2026); margin can rise if credit downgraded or targets missed.
  • $85M unhedged floating-rate SOFR debt exposed to rate changes; a 100bp hike costs $0.9M annually.
  • $30M of the $115M drawn on the variable line is effectively fixed via an interest rate swap.

• Risk Factors (Item 1A)

  New quantified risk from a specific military conflict, with concrete channels of impact on operations and tenants.
  Negative

  • New conflict since 10-K filing; could raise energy costs, hurt tenant demand, and delay development projects.
  • Conflict may increase construction costs and delay tenant improvements and capital projects.
  • Sustained energy price volatility could impair tenant ability to meet lease obligations and reduce demand for space.

What changed: Sep 2026 vs. Jun 2026

About 9% of REG's Sep 2026 10-Q is new information. 52 paragraphs were added, 229 changed, and 35 removed. Below are the most important lines SECSift identified.

• Item 2 152
• Item 1 36
• Item 5 10
• Item 3 6
• Item 4 4
• Item 6 2