________________________________________________________________________

                       SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON D.C. 20549

                             _______________________


                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of earliest event reported): February 25, 2003

                                EQUITY ONE, INC.
             (Exact name of registrant as specified in its charter)

                                    Maryland
                 (State or other jurisdiction of incorporation)

                                    001-13499
                            (Commission File Number)

                                   52-1794271
                      (IRS Employer Identification Number)

         1696 N.E. Miami Gardens Drive, North Miami Beach, Florida 33179
                    (Address of principal executive offices)

       Registrant's telephone number, including area code: (305) 947-1664

                                 Not applicable
          (Former Name or Former Address, if Changed Since Last Report)








             ______________________________________________________



Item 9. Regulation FD Disclosure

     A copy of a press  release  issued  by  Equity  One on  February  25,  2003
regarding the updated election results for the recently  completed merger of IRT
Property  Company  with and into  Equity  One, is attached as an exhibit to this
Current Report on Form 8-K and is incorporated herein by reference.

Item 7. Financial Statements and Exhibits.

(a) Financial Statements of Business Acquired.

    Not applicable

(b) Pro Forma Financial Information

    Not applicable

(c) Exhibits.

    99.1 Press Release, dated February 25, 2003, of Equity One, Inc.




                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, Equity
One has duly caused  this  report to be signed on its behalf by the  undersigned
hereunto duly authorized.

                                            EQUITY ONE, INC.



Date: February 25, 2003                     By:  /s/ Howard M. Sipzner
                                                 ---------------------
                                                 Howard M. Sipzner
                                                 Chief Financial Officer





                                INDEX TO EXHIBITS


Exhibit Number        Description of Exhibit
- --------------        ----------------------

99.1                  Press Release dated February 25, 2003 of Equity One, Inc.