Tricon Residential Inc T.TCN.DB

Primary Symbol: T.TCN

Tricon Residential Inc. is an owner, operator, and developer of a portfolio of approximately 38,000 single-family rental homes in the United States Sun Belt and multi-family apartments in Canada. The Company provides rental housing options for families across the United States and Canada through its technology-enabled operating platform and on-the-ground operating teams. The Company's segments include Single-Family Rental, Adjacent Businesses, and Strategic Capital. The Single-Family Rental business includes owning and operating single-family rental homes primarily within major cities in the United States Sun Belt. Its Adjacent Businesses include multi-family rental and residential development. Its multi-family rental business segment includes one Class A high-rise property in downtown Toronto known as The Selby. Through its Strategic Capital business, the Company provides asset management, property management and development management services.

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Tricon Residential Inc

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Comment by poubelle1on Jul 13, 2017 10:14am

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Post# 26464345

RE:Took profits

I can understand. This stock is frustrating. Huge asks show up every time it tries to run. Despite the market in the US making all time highs, we cannot breach our all time high.

I am going to wait untill the next quarter to see how the Silver Bay acquisition goes. I think we need to drop our debt a little. The market is not liking all that debt in a rising interest rate environment. Also. falling oil prices are not helping because we do have many houses in oily states.

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