Tricon Capital acquires portfolio of U.S. rental homes for $150 mln
A subsidiary of Canadian real estate private equity firm Tricon Capital Group has completed its previously announced acquisition of a portfolio of 1,385 single-family rental homes located in Texas, North Carolina, and South Carolina. Tricon paid about US$150 million for the portfolio, which was sold by an unidentified U.S. private equity firm. Based in Toronto, Tricon has since inception invested in real estate and development projects valued at approximately $16 billion.
17 April 2015•2 mins read
