Tricon Residential Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york & toronto--(business wire)--blackstone (nyse: bx) and tricon residential inc. (nyse: tcn, tsx: tcn) (“tricon” or the “company”) today announced the closing of the previously-announced statutory plan of arrangement under the business corporations act (ontario) pursuant to which blackstone real estate partners x (“brep x”), together with blackstone real estate income trust, inc. (“breit”), acquired all of the outstanding common shares of tricon (“common shares”) for $11.25 per common sha.

Toronto--(business wire)--tricon residential inc. (nyse: tcn, tsx: tcn) (“tricon” or the “company”) today announced receipt of investment canada act approval in connection with the previously announced statutory plan of arrangement under the business corporations act (ontario) (the “arrangement”) pursuant to which blackstone real estate partners x, together with blackstone real estate income trust, inc., will acquire all of the outstanding common shares of tricon (“common shares”) for us$11.25.

Toronto--(business wire)--tricon residential inc. receives final court approval for take private by blackstone real estate.

Toronto--(business wire)--tricon residential inc. (nyse: tcn, tsx: tcn) (“tricon” or the “company”) is pleased to announce that at its special meeting (“meeting”) of shareholders of the company (“company shareholders”) held earlier today, company shareholders voted to approve the previously announced statutory plan of arrangement under the business corporations act (ontario) (the “arrangement”) pursuant to which blackstone real estate partners x, together with blackstone real estate income trus.

Toronto--(business wire)--tricon residential inc. (nyse: tcn, tsx: tcn) ("tricon" or the “company”), an owner, operator and developer of single-family rental homes in the u.s. sun belt and multi-family rental apartments in canada, released its annual sustainability report today. the report is a comprehensive review of the company's progress toward its five strategic sustainability priorities: our people, our residents, our impact, our governance and our innovation. the company also announced th.

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TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, announced today that it intends to release its financial results for the fourth quarter of 2023 after markets close on February 27th, 2024. The company will not be holding a conference call following the release. Tricon's financial statements and management's discussi.

Billionaire Stephen A. Schwarzman, CEO/co-founder of Blackstone, is bullish on REITs. He has been pouring 10s of billions into REITs via Blackstone. They just closed another buyout and I expect many more in 2024.

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Tricon Residential Inc. (TCN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

One of the most impressive movers in today's market has to be Tricon Residential (NYSE: TCN ). Shares of TCN stock have rocketed nearly 30% in early afternoon trading on reports that Blackstone (NYSE: BX ) will be taking the company private.

Tricon Residential Inc (TSE: TCN) opened sharply up on Friday after Blackstone Inc (NYSE: BX) said it will buy the real estate company for about $3.5 billion. Details of Tricon-Blackstone agreement The all-cash agreement values each share of Tricon Residential at $11.25 (C$15.17).