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.

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Tricon Residential Inc > Reason for Decline?

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Comment by TG1960on Jun 11, 2022 7:30am

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RE:Reason for Decline?

Yes...but economics 101...rising rates bad for reits/interest sensitive investments...when the powers to be stop with the rate adjustments the sector should bottom out and react slowly..until then I'm just observing...look at Dec./2019 as an entry point maybe.

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