July 31, 1998
Regency Homes Corp., whose aggressive style once made it the largest private home contractor in Maryland, declared bankruptcy yesterday, affecting hundreds of customers and creditors in metropolitan Baltimore.The builder is estimated to have 150 to 200 pending contracts with homebuyers who have hundreds of thousands of dollars tied up in deposits and escrow accounts. Yesterday's Chapter Seven federal bankruptcy filing means the company is out of business.The company, whose reach once stretched from Baltimore through the Washington suburbs and into Northern Virginia and Richmond, released a statement yesterday saying, "[Regency]
August 17, 1998
Recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:Aug. 5American Housing Research; United Properties Group Inc. and Regency Housing Co. 7150 Columbia Gateway Drive, Columbia, subsidiaries of Regency Homes Corp., filed under Chapter 7. Principal: Sol Rosskamm, president. Assets and liabilities not disclosed.Regency Homes L/P; Regency Financial LLC; Curtis Regency LLC; Best House on the Block Inc.; Covington Condos LLC; C R Springridge LLC; Terra Funding LLC and Regency Frederick LLC,7150 Columbia Gateway Drive, Columbia, all subsidiaries of Regency Homes Corp.
December 7, 1997
Regency Homes has opened its third section at the Villages of Winterset, the Owings Mills community that in 1995 received an award for Mixed Use Development from the Land Development Council of the Home Builders Association of Maryland.Regency is building 75 homes on fifth-acre lots in the Baltimore County development that will feature its own clubhouse and swimming pool.Regency's model at Winterset is the Windsor, a traditional two-story home with 2,318 square feet and a base price of $205,990.
February 24, 1994
Kleinpaste leaves Legg MasonThe head of Legg Mason Inc.'s real estate consulting arm has left the firm to become president of Regency Homes Corp., an Annapolis homebuilding company.Robert T. Kleinpaste had headed Legg Mason Realty Group since 1989. Before joining Legg Mason, he had founded Real Property Research Group in 1975 and sold the company to Legg Mason in 1986.Legg Mason said it has not yet named a replacement. "He's too good to replace with just anyone," company spokesman Bruce Genther said.
May 18, 1997
Springhouse StationRegency Homes has opened a model of the Huntington, one of three Colonial houses the firm is building on one-sixth acre to quarter-acre lots at Springhouse Station, in the White Marsh area of Baltimore County.Gas heat and nine-foot first-floor ceilings are standard.For a base price of $204,900, the Huntington has 2,175 square feet. The living and dining rooms are both 11 by 10 feet.A two-story foyer with an angled staircase, double garage, 12-by-10-foot kitchen, 10-by-9-foot breakfast area and 17-by-13-foot family room complete the first floor.
December 28, 1997
Regency Homes has opened a model of the Huntington at Sumner Grove in Laurel, where the firm is building 46 Colonial homes on 1/8 - to 1/3 -acre lots.Gas heat and hot water are standard in the Prince George's County community, minutes from the Anne Arundel County border.Other features Regency includes with homes at Sumner Grove are 9-foot first-floor ceilings, full unfinished basements, six-panel Colonial doors, oak railings, smoke detectors and single-lever bathroom faucets.A 10-by-11-foot living room, an 11-by-10-foot dining room, a foyer powder room, a 17-by-14-foot family room and a 12-by-10-foot kitchen with pantry and 10-by-9-foot breakfast room occupy the first floor.