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Tricon Residential Inc 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.


TSX:TCN - Post by User

Post by Betteryear2on Dec 30, 2021 2:04pm
169 Views
Post# 34271554

Bruce Campbell's Top Picks: December 30, 2021

Bruce Campbell's Top Picks: December 30, 2021Tricon owns and operates a portfolio of 35,000 single family and multifamily properties in 21 markets across Canada and the USA.  Single family home inventory is close to a 30-year low while demographics continue to be a tailwind with many millennials entering the housing market for the first time.   We expect TCN to continue to work on acquisitions to grow their portfolio to 50,000 homes in the next two years.    Last purchase was $18.54, funds own, none owned personally, and none owned by my family. 

https://www.bnnbloomberg.ca/bruce-campbell-s-top-picks-december-30-2021-1.1701541
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