{"id":828342,"date":"2022-10-19T19:06:20","date_gmt":"2022-10-19T17:06:20","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/tricon-completes-the-sale-of-its-interest-in-u-s-multi-family-portfolio-for-315-million-of-proceeds\/"},"modified":"2022-10-19T19:06:20","modified_gmt":"2022-10-19T17:06:20","slug":"tricon-completes-the-sale-of-its-interest-in-u-s-multi-family-portfolio-for-315-million-of-proceeds","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/tricon-completes-the-sale-of-its-interest-in-u-s-multi-family-portfolio-for-315-million-of-proceeds\/","title":{"rendered":"Tricon Completes the Sale of its Interest in U.S. Multi-family Portfolio for $315 Million of Proceeds"},"content":{"rendered":"TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (\u201cTricon\u201d or the \u201cCompany\u201d) (NYSE: TCN, TSX: TCN), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, confirmed today the closing of the previously announced sale of its 20% equity interest in a portfolio of 23 Sun Belt apartment buildings to a vertically integrated residential real estate investment and property management company, which will assume all asset and property management responsibilities for the portfolio after a customary transition period.\n\n\n\nThe sale resulted in gross proceeds of approximately $315 million to Tricon. The Company intends to use the net sale proceeds primarily to repay outstanding debt
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TORONTO–(BUSINESS WIRE)–Tricon Residential Inc. (\u201cTricon\u201d or the \u201cCompany\u201d) (NYSE: TCN, TSX: TCN), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, confirmed today the closing of the previously announced sale of its 20% equity interest in a portfolio of 23 Sun Belt apartment buildings to a […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-828342","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nTricon Completes the Sale of its Interest in U.S. Multi-family Portfolio for $315 Million of Proceeds - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/tricon-completes-the-sale-of-its-interest-in-u-s-multi-family-portfolio-for-315-million-of-proceeds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tricon Completes the Sale of its Interest in U.S. Multi-family Portfolio for $315 Million of Proceeds - BeBeez\" \/>\n<meta property=\"og:description\" content=\"TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. 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