Regency Properties is a privately held real estate investment and management firm headquartered in Evansville, Indiana. Founded in 1949, the company focuses on acquiring, renovating, and managing shopping centers in county seat communities across small and mid-sized markets. The firm targets communities that serve as centers of economic and government activity for surrounding rural areas, typically with trade area populations greater than 10,000. Regency owns 6.28 million square feet of retail shopping center space across 19 states. The company's investment strategy centers on community retail shopping centers primarily anchored or shadow-anchored by grocery and big-box tenants in markets outside of major metropolitan areas. Through its subsidiary Regency Multifamily, the firm also owns and manages residential apartment communities. Regency has been recognized by the National Commercial Real Estate Customer Service Award for Excellence as an industry leader in tenant satisfaction.