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President Donald Trump announced a plan to block large investors from buying single-family homes.
TORONTO--(BUSINESS WIRE)--Please replace the release dated June 17, 2025, with the following corrected version due to multiple revisions. The updated release reads: GREAT PLACE TO WORK® CERTIFIES TRICON RESIDENTIAL AS A GREAT PLACE TO WORK® IN THE U.S. AND CANADA FOR 2025 Tricon Residential has Built a Strong Employee Culture Focused on Delivering Exceptional Rental Experiences for Residents, Earning Recognition as a Great Place To Work® in both the U.S. and Canada for 2025 Tricon Residential,.
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc., a Blackstone Real Estate portfolio company, has been named one of the 2025 Best Workplaces in Real Estate™ by Great Place To Work®. This marks Tricon's fifth year on the list and reflects the Company's continued investment in building a positive workplace culture focused on delivering high-quality service to residents across North America. “At Tricon, our people-first approach starts with our employees,” said Gary Berman, President and CEO of T.
TORONTO--(BUSINESS WIRE)--Tricon Residential, a Blackstone Real Estate portfolio company, announced today that its Resident Emergency Assistance Fund ("Fund") has distributed over $1 million in financial assistance to more than 500 residents and their families. Since its launch in 2019, this unique initiative has provided vital support to residents navigating unexpected challenges such as job losses, medical emergencies, and the loss of a loved one. The Fund has helped residents cover essential.
LEANDER, Texas & TOMBALL, Texas--(BUSINESS WIRE)--Tricon Residential, a Blackstone Real Estate portfolio company, along with its residents, partners and local leaders, celebrated the grand opening of two new built-to-rent communities in Texas: Tricon Bryson in Leander and Tricon Willow Creek in Tomball. Developed in partnership with HHS Residential, a division of Plano-based Highland Homes, these communities will expand housing supply in the Austin and Houston metropolitan areas by adding 303 n.
NEW YORK & TORONTO--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced the closing of the previously-announced statutory plan of arrangement under the Business Corporations Act (Ontario) pursuant to which Blackstone Real Estate Partners X (“BREP X”), together with Blackstone Real Estate Income Trust, Inc. (“BREIT”), acquired all of the outstanding common shares of Tricon (“Common Shares”) for $11.25 per Common Sha.
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced receipt of Investment Canada Act approval in connection with the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc., will acquire all of the outstanding common shares of Tricon (“Common Shares”) for US$11.25.
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TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate.
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that at its special meeting (“Meeting”) of shareholders of the Company (“Company Shareholders”) held earlier today, Company Shareholders voted to approve the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trus.
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, released its annual sustainability report today. The report is a comprehensive review of the Company's progress toward its five strategic sustainability priorities: Our People, Our Residents, Our Impact, Our Governance and Our Innovation. The Company also announced th.
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TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that leading independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have each recommended that shareholders of Tricon (“Company Shareholders”) vote “FOR” the resolution (the “Arrangement Resolution”) approving the statutory plan of arrangement under the Business Corporations Act (Ontario), pursuant to which.
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TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the "Company"), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, announced today its consolidated financial results for the three and twelve months ended December 31, 2023. All financial information is presented in U.S. dollars unless otherwise indicated. The Company's operational and financial highlights of the quarter include: Ne.
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tricon Residential Inc. (NYSE: TCN) to Blackstone Inc. (NYSE: BX). Under the terms of the proposed transaction, shareholders of Tricon will receive $11.25 in cash for each common share of Tricon that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, o.
REITs are better investments than rental properties in most cases. REITs offer higher returns. Lower risk. More freedom. But there are important exceptions.
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced that on February 15, 2024, the Ontario Superior Court of Justice (Commercial List) (the “Court”) granted an interim order (the “Interim Order”) in connection with the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to which Blackstone Real Estate Partners X (“BREP X”), together with Blackstone Real Estat.
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, announced today that it intends to release its financial results for the fourth quarter of 2023 after markets close on February 27th, 2024. The company will not be holding a conference call following the release. Tricon's financial statements and management's discussi.
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tricon Residential Inc. (NYSE: TCN) to Blackstone Inc. (NYSE: BX). Under the terms of the proposed transaction, shareholders of Tricon will receive $11.25 in cash for each common share of Tricon that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, o.