Tricon Residential
Canadian Apartment Magazine
Blackstone’s takeover of Tricon closes May 1
Canadian-based Tricon Residential announced it is set to sell all its remaining shares to US-based Blackstone Real Estate in a $3.5-billion transaction.
Canadian Apartment Magazine
First Housing Now development underway in Toronto
Construction has commenced at 5207 Dundas Street West in Toronto, marking the first Housing Now project to get underway.
Canadian Apartment Magazine
Tricon Residential launches resident “Bill of Rights”
Tricon Residential announced it has launched an industry-leading bill of rights for residents living in its U.S. single-family rental homes.
Canadian Apartment Magazine
Tricon sells remaining interest in U.S. portfolio
Tricon Residential announced it has entered into an agreement to sell its remaining 20 per cent interest in 23 U.S. apartment buildings for approximately $315 million.
Canadian Apartment Magazine
Tricon expands U.S. single-family rental platform
Tricon Residential announced it has formed a new joint venture with Pacific Life Insurance Company and a leading global investor to acquire newly built single-family rental homes in the U.S. Sun Belt.
Canadian Apartment Magazine
Tricon Residential sells 80% stake in US multifamily portfolio
Tricon Residential announced it has reached an agreement with two institutional investors to invest in its portfolio U.S. apartments.
Canadian Apartment Magazine
Blackstone to invest $300 million in Tricon Residential
Tricon Residential announced that a syndicate of investors led by Blackstone Real Estate Income Trust has agreed to make a $300 million preferred equity investment in the company.