Blackstone Real Estate to Take Tricon Residential Private
Blackstone Remains Committed to Tricon's Extensive Housing Development Platform, Including its Pipeline of $1 Billion of New Single-Family Homes in the U.S. and $2.5 Billion of New Apartments in Canada
Plans to Improve Quality of Existing U.S. Single-Family Homes through an Additional $1 Billion of Capital Projects
All financial and share price-related information is presented in U.S. dollars unless otherwise indicated.
Blackstone (NYSE:BX) and Tricon Residential Inc. (NYSE:TCN, TSX:TCN) ("Tricon" or the "Company") today announced that they have entered into an arrangement agreement (the "Arrangement Agreement") under which Blackstone Real Estate Partners X together with Blackstone
