
Tricon Residential
Tricon Residential Overview
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About Tricon Residential
Tricon Residential is a leading North American rental housing company dedicated to providing exceptional living experiences through a diverse portfolio of single-family rental homes and multi-family apartments. With a commitment to enriching the lives of its employees, residents, and local communities, Tricon operates across the United States and Canada, focusing on high-quality rental housing options.
Single-Family Rental Homes
Tricon Residential owns and manages a substantial portfolio of single-family rental homes, primarily located in the U.S. Sun Belt region. These homes are situated in desirable neighborhoods, offering residents proximity to schools, employment opportunities, and recreational facilities.
The company emphasizes providing well-maintained properties that cater to the needs of families seeking quality rental housing.
Multi-Family Apartments
In addition to single-family homes, Tricon has a significant presence in the multi-family rental market, particularly in Canada. The company is actively involved in developing and managing multi-family apartments, with a notable focus on the Greater Toronto Area.
As of March 2020, Tricon had approximately 3,600 rental units across seven high-rise projects at various stages of development in Toronto.
Technology-Enabled Operations
Tricon Residential leverages a technology-enabled operating platform to enhance the efficiency and effectiveness of its property management services. This approach ensures that residents receive timely maintenance and support, contributing to a high level of satisfaction and retention.
The company's dedicated on-the-ground operating teams are integral to delivering exceptional service and maintaining the quality of its properties.
Development Programs and Community Impact
Addressing the housing supply shortage is a key focus for Tricon. Through its development programs, the company is delivering thousands of new rental homes and apartments, contributing to the availability of quality housing options in various markets.
Tricon's commitment to community enrichment is evident in its employee engagement and local initiatives, fostering positive relationships within the communities it serves.
Locations
Tricon Residential operates in multiple locations across North America, including:
- United States: The company has a significant presence in the U.S. Sun Belt, including Los Angeles, CA, Phoenix, AZ, Dallas, TX, and Atlanta, GA.
- Canada: Active in the Greater Toronto Area, with ongoing developments and property management operations.
Tricon Residential's dedication to providing quality rental housing, combined with its innovative approach to property management and community engagement, positions it as a prominent player in the North American rental housing market.