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

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Post by FatherJackon Jan 25, 2024 7:16pm

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Post# 35846171

Done deal?

It looks like $15.15 will be the final price so the only question is will the market be 2% higher when the deal closes in several months? If the market was to drop it would be smart to hold on and wait for the 15.15 but if you think the market will rise, sell now and reinvest in your favorite company. If interest rates drop soon, the market could be a lot higher when the deal closes so selling now might be a good idea.

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