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Tricon Residential information


Tricon Residential
FormerlyTricon Capital
Traded as
TSX: TCN NYSE: TCN
IndustryReal Estate
FoundedJune 3, 1988; 36 years ago (1988-06-03)
FoundersGeoffrey Matus
David Berman
Headquarters
Toronto, Ontario
,
Canada
Key people
Gary Berman, CEO
AUM$8.2 billion
Number of employees
1,000+
Websitetriconresidential.com

Tricon Residential (formerly Tricon Capital[1]) is a Canadian real estate company.[2][3][4][5][6] The company invests in single-family rental and multi-family rental homes, and owns about 31,000 properties across the United States and Canada.[7][8] As of February 2021, the company had about $8.2 billion of assets under management.[9][10][11][12][13]

  1. ^ "Tricon Capital gets shareholder approval for name change". S&P Global. Retrieved 2021-05-21.
  2. ^ "Tricon Residential Inc". Bloomberg.
  3. ^ Webner, Richard (2021-05-12). "Big-dollar investors squeeze into San Antonio's tight housing market". San Antonio Express-News. Retrieved 2021-09-16.
  4. ^ Dezember, Ryan (2021-07-20). "Big Landlord Launches $5 Billion House Hunt". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-09-16.
  5. ^ "Canadian landlord Tricon Capital says U.S. rental market just heating up amid 'insatiable' demand". financialpost. Retrieved 2021-09-16.
  6. ^ "GFC Financial To Acquire TriCon Capital from Bell Atlantic". AP NEWS. Retrieved 2021-09-16.
  7. ^ "Check out Tricon Residential's stock price (TCN-CA) in real time". CNBC. Retrieved 2021-05-21.
  8. ^ "U.S. housing rebound boosts builder stocks, Toronto's Tricon Capital". financialpost. Retrieved 2021-09-16.
  9. ^ "Tricon sells 80% stake in $1.33B US multifamily portfolio". RENX - Real Estate News Exchange. 2021-02-25. Retrieved 2021-05-21.
  10. ^ "Wall Street Bets On Single-Family Rentals | Seeking Alpha". Seeking Alpha. Retrieved 2021-09-11.
  11. ^ "JLL Buys $560M Stake in Single-Family Rental Portfolio". The Real Deal New York. 2021-08-12. Retrieved 2021-09-11.
  12. ^ "Single-Family Rents in U.S. Accelerate to 7.5% in June". Commercial Observer. 2021-08-17. Retrieved 2021-09-11.
  13. ^ Younglai, Rachelle (June 13, 2021). "Condo developer plans to buy $1-billion worth of single-family houses in Canada for rentals". The Globe and Mail. Toronto. Retrieved 2021-09-11.

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