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Industry First: Regions Bank Launches Convenient, Seamless Digital Portal for Real Estate Banking Clients

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Industry First: Regions Bank Launches Convenient, Seamless Digital Portal for Real Estate Banking Clients
News

News

Industry First: Regions Bank Launches Convenient, Seamless Digital Portal for Real Estate Banking Clients

2025-09-15 20:59 Last Updated At:21:11

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Sep 15, 2025--

Regions Bank on Monday announced the launch of a digital borrower portal designed to make banking easier and more convenient for Real Estate Banking clients with construction projects underway.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250915518892/en/

The portal is powered by Built, a real estate and construction finance platform that streamlines the flow of money and information to support how projects are financed, developed, and managed. Through its modern, cloud-based construction loan management solution, the portal helps clients make faster, more informed decisions across commercial real estate, income property finance, and affordable housing. By connecting lenders, investors, inspectors, and other stakeholders, the portal simplifies loan administration and delivers a more seamless, collaborative client experience.

How does it work?

Regions’ Real Estate Banking clients can now log in to a centralized digital hub to view project financials, upload invoices and other documents, submit draw requests, and track funding status in real time. The portal eliminates manual processes that can delay construction draws and stall projects. Key features include:

“At a time when real estate developers face tighter timelines, this portal offers an enhanced customer experience to help projects stay on time and on budget,” said Andy Hussion, head of Regions Real Estate Banking. “This digital solution provides an enhanced banking experience and aligns with Regions’ strategy of continuous innovation through technology. We are pleased to launch this service, and we look forward to continued opportunities to serve our current clients and welcome prospective clients to Regions’ approach to real estate banking.”

Regions is the first bank to launch the portal. The bank previously collaborated with Built to launch a similar digital solution for its homebuilder finance team. To prepare for the current portal, teams from Regions served as a design partner with Built on functionality support for development. Teams worked on pilot testing, product validation and associate training.

“It’s hard enough for owners and developers to navigate construction, and we want to make the ability to access the capital to fuel their projects and get people paid as easy as possible—without sacrificing prudent risk management,” said Chase Gilbert, chief executive officer of Built. “Regions Bank is showing what that can look like. We’re proud to help power an experience that serves borrowers and strengthens the lender-borrower relationship.”

Since the launch of the digital portal, Regions’ clients have already seen significant benefits. Palladium USA, a leading real estate investment and development firm based in Dallas, Texas, is the first Regions Real Estate Banking client to use the portal. Palladium is using the portal for construction of Palladium Buckner Station, a first-of-its-kind transit-oriented multifamily housing facility, in Dallas. The facility is slated to open early 2027.

“As a developer focused on staying ahead in a competitive market, we’re always looking to work with groups that share our commitment to innovation,” said Cody J. Hunt, Executive Director-Finance and Accounting at Palladium. “Regions has consistently brought forward-thinking solutions to the table, and this new digital portal raises the bar. From day one, the experience was seamless, giving our team the speed, visibility, and control we need to keep projects moving and capital working. We appreciate Regions and Built making it available.”

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $159 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,250 banking offices and nearly 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

About Built

Built is an AI-powered platform transforming the way real estate is financed, developed, and managed. Purpose-built for real estate and construction, Built began by fixing construction draw management for lenders and has grown into a comprehensive operating system addressing some of the industry’s most complex challenges. Through its connected product suite, Built enables stakeholders to finance, develop, build, own, and operate smarter—all in one place. Today, Built helps power 86,000 active projects valued at more than $300 billion. Learn more at getbuilt.com.

About Palladium USA

Palladium USA serves as the holding company for all Palladium Group assets across the United States. Since our establishment in 1992, we have been headquartered in Dallas, Texas, solidifying our reputation as a premier leader in the multifamily market within Texas. As we continue expanding into new markets, our commitment to quality, innovation, and community remains at the core of our mission.

Regions’ digital borrower portal, powered by Built, is providing real estate banking clients a faster, seamless experience to keep construction on track.

Regions’ digital borrower portal, powered by Built, is providing real estate banking clients a faster, seamless experience to keep construction on track.

Regions Bank is announcing the launch of a digital borrower portal designed to make banking easier and more convenient for Real Estate Banking clients with construction projects underway.

Regions Bank is announcing the launch of a digital borrower portal designed to make banking easier and more convenient for Real Estate Banking clients with construction projects underway.

CHICAGO (AP) — Chicago Bulls coach Billy Donovan has resigned after six seasons, opting to step aside rather than work with a new front office, the team announced Tuesday.

President and CEO Michael Reinsdorf made it clear after firing executive vice president of basketball operations Arturas Karnisovas and general manager Marc Eversley near the end of the season that he wanted Donovan to remain on the job. He said anyone who wanted to bring in a new coach was “probably not the right candidate for us.”

Now, it looks like whoever the Bulls hire to run their organization will get that opportunity.

“While we clearly wanted Billy to return as our head coach, we had open dialogue about the importance of respecting the process of bringing in new basketball operations leadership," Reinsdorf said in a news release. “Together, we mutually agreed that giving that person the freedom to shape the organization was the best approach for everyone involved.”

The 60-year-old Donovan consistently has said he still has a passion for coaching. The decision to leave the Bulls was made “after a series of thoughtful and extensive discussions with ownership regarding the future of the organization,” Donovan said in the team release announcing the move.

“I believe it is in the best interest of the Bulls, to allow the new leader to build out the staff as they see fit,” he said.

Donovan was arguably the top candidate on the market when the Bulls hired him in September 2020, a few months after Karnisovas and Eversley got their jobs.

Chicago’s lone playoff appearance since all three were hired came during the 2021-22 season, when it finished sixth in the Eastern Conference at 46-36 and got knocked out by Milwaukee in the first round. The Bulls lost in the play-in tournament the next three years.

Donovan got a contract extension last offseason. Reinsdorf said after firing Karnisovas and Eversley that the problem was the roster construction — not the coach.

Bulls owner Jerry Reinsdorf, Michael's father, praised Donovan for the “class and genuine care” that he brought to the organization.

“We wanted Billy to continue as our head coach — that was never in question,” Jerry Reinsdorf said. “But through honest conversations, we all agreed that giving our new head of basketball operations the right to build out his staff was the most important thing for the future of this franchise. That is the kind of person Billy is — he put the Bulls first.”

Karnisovas’ inability to land a franchise cornerstone player and refusal to give the Bulls a better shot at the No. 1 pick by rebuilding were glaring. He finally changed course before this year’s trade deadline, dealing Nikola Vucevic to Boston, Kevin Huerter to Detroit, Coby White to Charlotte and Chicago product Ayo Dosunmu to Minnesota. The Bulls loaded up on second-round draft picks and did not get any first-rounders in return.

One of the players Chicago got in return was Jaden Ivey from Detroit. Chicago waived him following anti-LGBTQ+ comments about religion he made in videos posted on his Instagram account.

AP NBA: https://apnews.com/nba

Chicago Bulls' Collin Sexton talks with Chicago Bulls head coach Billy Donovan during a time out in an NBA basketball game against the Dallas Mavericks Sunday, April 12, 2026, in Dallas. (AP Photo/Albert Pena)

Chicago Bulls' Collin Sexton talks with Chicago Bulls head coach Billy Donovan during a time out in an NBA basketball game against the Dallas Mavericks Sunday, April 12, 2026, in Dallas. (AP Photo/Albert Pena)

Chicago Bulls Head Coach Billy Donovan gives directions during the first half of an NBA basketball game against the Orlando Magic in Chicago, Friday, April 10, 2026. (AP Photo/Nam Y. Huh)

Chicago Bulls Head Coach Billy Donovan gives directions during the first half of an NBA basketball game against the Orlando Magic in Chicago, Friday, April 10, 2026. (AP Photo/Nam Y. Huh)

Chicago Bulls head coach Billy Donovan, left, talks with guard Mac McClung (5) during the second half of an NBA basketball game against the Orlando Magic in Chicago, Friday, April 10, 2026. (AP Photo/Nam Y. Huh)

Chicago Bulls head coach Billy Donovan, left, talks with guard Mac McClung (5) during the second half of an NBA basketball game against the Orlando Magic in Chicago, Friday, April 10, 2026. (AP Photo/Nam Y. Huh)

Chicago Bulls head coach Billy Donovan shouts instructions during the second half of an NBA basketball game against the Washington Wizards, Tuesday, April 7, 2026, in Washington. (AP Photo/John McDonnell)

Chicago Bulls head coach Billy Donovan shouts instructions during the second half of an NBA basketball game against the Washington Wizards, Tuesday, April 7, 2026, in Washington. (AP Photo/John McDonnell)

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