Business Overview: Publicly listed company with two assets. HPH controls approximately 50% of the outstanding common stock of Regency.

1. Security West (Woodlawn, MD): A 717,000 square foot building occupied by the Social Security Administration (SSA). Regency owns 50% of
Security West through a joint venture.
2. Storage Depot (Harrisburg, PA): A portfolio of five self-storage facilities with a total of ~2,600 units. Regency owns 97% of Storage Depot.