Tricon announces $150 mln in real estate acquisition deals
Canadian real estate private equity firm Tricon Capital Group has announced a number of recent acquisition transactions with a total value of about US$150 million. The U.S.-based deals include a land development investment in Phoenix; an acquisition of over 400 homes located primarily in Indianapolis, Dallas, Atlanta, Charlotte, Columbia and Tampa; an acquisition of five age-restricted manufactured housing communities in Phoenix; and two development project investments in Dallas, undertaken in partnership with StreetLights Residential. Tricon said it is currently looking at new opportunities in downtown Toronto.
14 January 2016•5 mins read
