Tricon Residential

Founded in 1988, Tricon is a vertically integrated residential real estate company predominantly focused on rental housing serving the middle-market demographic. Tricon owns and operates approximately 37,000 single-family rental homes and multi-family rental units in 21 markets across the North America, United States and Canada. Tricon has approximately $16.2 billion of assets under management, which it owns or manages on behalf of third-party investors. Nearly 85% of Tricon’s assets under management are invested in the United States. Tricon typically co-invests 20% to 50% of the capital in each investment vehicle it manages on behalf of third-party investors. Tricon is publicly owned and is listed on the Toronto Stock Exchange (TSX: TCN) and New York Stock Exchange (NYSE: TCN). Tricon is headquartered in Toronto and has corporate offices in Tustin, CA and San Francisco, CA. In January 2024, Blackstone acquires Tricon Residential.