Tricon Residential
Tustin, CA 1,001–5,000 employees 52 principals
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About Tricon Residential
Tricon Residential is a real estate operator headquartered in Tustin, CA.
Tricon Residential Inc., established in 1988, was a prominent real estate company specializing in the ownership, operation, and development of rental properties across North America. By early 2024, its portfolio encompassed approximately 38,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada. In May 2024, Blackstone Real Estate completed the privatization of Tricon, integrating it into its portfolio. Prior to the acquisition, Tricon had demonstrated significant growth through strategic joint ventures and acquisitions. Notably, in 2017, Tricon acquired Silver Bay Realty Trust for $1.4 billion, enhancing its position in the U.S. single-family rental market. Tricon's operations were primarily concentrated in the U.S. Sun Belt, with a substantial portfolio of single-family rental homes. Additionally, the company was actively developing multi-family rental apartments in Toronto, Canada, addressing housing supply shortages. Its strategic focus on these regions and asset classes positioned it as a significant player in the North American rental housing market.
Principals at Tricon Residential
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