Regency Centers (REG) 8-K Regency Centers Reports Second Quarter Results

Exhibit 99.3

Capital Availability

Assumes no property sales, no additional cash flow, no additional consolidated refinancings

(as of August 2, 2010)

($ thousands)
	2010			2011			2012
Capital Sources:
Line commitments combined	$	713,833		$	—		$	—
Outstanding line balance – 8/2/10		—			—			—
Line maturity – 2/11/11 & 2/11/12(1)		—			(113,833	)		—
Line Availability		713,833			703,664			398,824
Cash balance – 8/2/10		86,600			—			—
Forward equity offering (net of costs)		225,000			—			—
Funding Availability before Capital Requirements		1,025,433			703,664			398,824
Capital Requirements:
Financing requirements – maturing consolidated debt		(147,846	)		(209,132	)		(250,000	)
Assumed equity requirement to refinance maturing JV mortgage debt		(17,294	)		(52,713	)		(5,889	)
Costs to complete in-process developments(2)		(42,796	)		(17,995	)		(4,322	)
Derivative settlement		—			(25,000	)		—
Total Capital Requirements		(207,936	)		(304,840	)		(260,211	)
Total Capital Availability	$	817,497		$	398,824		$	138,613

(1) Assumes $600 million refinance of 2/11/12 line expiration

(2) Net of tenant reimbursements, but exclusive of out parcel proceeds