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Tricon Residential to Spend $5B on Single-Family Rentals

As opposed to building new homes, the venture plans to acquire existing homes and home communities. The partnership will be the successor to an existing single-family rental joint venture previously launched by Tricon, which has acquired over 9,000 homes and is now fully invested.
Tricon’s latest deal highlights the massive interest in single-family rentals, once a generally overlooked sector. Large institutional investors and private equity firms are raising money to invest in the asset class, which has seen an explosion in growth during the pandemic and amid a record low inventory of homes available for purchase.
In June, Blackstone agreed to acquire Home Partners of America, owner of more than 17,000 homes across the U.S., for $6 billion. ....

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LifeQuotes.com Celebrates 100,000 Positive Customer Service Reviews Averaging 4.65 Stars

LifeQuotes.com Celebrates 100,000 Positive Customer Service Reviews Averaging 4.65 Stars
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Tricon announces $5B JV to acquire over 18,000 single-family rentals

Tricon announces $5B JV to acquire over 18,000 single-family rentals
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Single-Family Rental Market Booms as Home Prices Soar

Single-Family Rental Market Booms as Home Prices Soar
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Single-Family Rental Market Booms as Home Prices Soar

Single-Family Rental Market Booms as Home Prices Soar
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

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