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Tricon's stock rallies 28% on $3.5 billion buyout deal by Blackstone

Toronto-based residential-real-estate company to pursue $4.5 billion in new developments.

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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.

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Blackstone dives deeper into housing bet with US$3.5 billion deal

Blackstone dives deeper into housing bet with US$3.5 billion deal
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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.

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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.

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