Tricon Residential Inc T.TCN

Alternate Symbol(s): 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

Tricon Residential Inc

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Post by retiredcfon Aug 18, 2022 7:07am

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Post# 34904074

Analyst Comment

Rewrote a bit of the narrative to more accurately reflect what he said. GLTA

https://www.bnnbloomberg.ca/video/chris-blumas-discusses-tricon-residential~2503499

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Tricon Residential (TCN-TSX)

16/08/2022 at 08:00pm

A pretty unique business with a growth profile that looks quite strong. Managed to get supply up. Reasonable valuation, but like any business with debt (much of it short term), it's vulnerable against a backdrop of rising rates if they continue to kick higher.

PROPERTY MNGMNT / INVESTMENT

Chris Blumas

$15.20
Unknown

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