Blackstone To Take Tricon Residential Private In $3.5 Billion Deal
Tricon is a landlord and developer of single-family rental homes in the United States and Canada with a portfolio of over 38,000 rentals
Source: inman.com
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Blackstone Dives Deeper Into Housing Bet With $3.5 Billion Deal
Blackstone Inc. is betting some of the money from a record-breaking fund on rental housing, a corner of the real estate market it knows well.
Source: financialpost.com
Toronto rental company whose CEO became internet villain bought for $3.5 billion
A Toronto-based rental property giant whose CEO once made headlines for his opinions on his young customer base has just been bought out for a cool...
Source: blogto.com
Blackstone Purchases Single-Family Rental Operator Tricon for $3.5B
Blackstone will acquire single-family home and apartment rental operator Tricon Residential for $3.5 billion.
Source: commercialobserver.com
Institutional investors are Tricon Residential Inc.'s (TSE:TCN) biggest bettors and were rewarded after last week's CA$121m market cap gain
Key Insights Given the large stake in the stock by institutions, Tricon Residential's stock price might be vulnerable...
Source: yahoo.com