TCN
Tricon Residential Inc.
Delisted
TCN was delisted on the 1st of May, 2024.
About: Tricon Residential Inc is a rental housing company catering to the middle-market demographic throughout the United States and Canada. The company owns and manages approximately 37,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform.
Employees: 1,010
Financial journalist opinion
Neutral
Business Wire
3 months ago
Tricon Residential Gives Over $1 Million in Relief to Residents in Need
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.
Neutral
Business Wire
8 months ago
Tricon Residential Opens Two New Communities in Texas, Expanding Housing Supply
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.
Neutral
Business Wire
9 months ago
KBRA Assigns Ratings to Tricon Residential 2024-SFR3
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns ratings to four classes of Tricon Residential 2024-SFR3 (TCN 2024-SFR3) single-family rental pass-through certificates. TCN 2024-SFR3 is a single-borrower, single-family rental (SFR) securitization that will be collateralized by a $550.5 million loan secured by first priority mortgages on 2,223 income-producing single-family homes. The fixed-rate loan requires interest payments only over its five-year term. The subject transaction will be the 12th KBRA-ra.
Neutral
Business Wire
10 months ago
KBRA Assigns Preliminary Ratings to Tricon Residential 2024-SFR3
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of Tricon Residential 2024-SFR3 (TCN 2024-SFR3) single-family rental pass-through certificates. TCN 2024-SFR3 is a single-borrower, single-family rental (SFR) securitization that will be collateralized by a $550.5 million loan secured by first priority mortgages on 2,223 income-producing single-family homes. The fixed-rate loan requires interest payments only over its five-year term. The subject transaction will be the.
Neutral
Business Wire
1 year ago
Blackstone Real Estate Completes Privatization of Tricon
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.
Neutral
Business Wire
1 year ago
Tricon Residential Inc. Announces Receipt of Investment Canada Act Approval for Take Private by Blackstone Real Estate
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.
Positive
Seeking Alpha
1 year ago
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Neutral
Business Wire
1 year ago
Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate.
Neutral
Business Wire
1 year ago
Tricon Shareholders Approve Proposed 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.
Neutral
Business Wire
1 year ago
Tricon Residential Releases 2023 Annual Sustainability Report
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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