[ TRANSACTION RECORD ]

Blackstone Inc. Investment in Tricon Residential — 2024

VERIFIED VECTOR ID: 001920 · tx-116-2
M SOURCE NODE — FUNDER
Blackstone Inc.
Finance United States
$3,500,000,000
EQUITY
01/05/2024
Q DESTINATION NODE — RECIPIENT
Tricon Residential
Company Canada
Amount (USD)
$3.5B
Flow Type
EQUITY
Transaction Date
01/05/2024
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Blackstone Inc.
AUM 1000000
HQ Location United States
Sector Finance
Recipient Profile [ Q ]
Entity Tricon Residential
Entity Type Company
Jurisdiction Canada
Intelligence Note

Blackstone Inc. completed the 3.5 billion dollar acquisition of Tricon Residential to expand its portfolio of high-quality rental housing in North America. The transaction involves over 38,000 single-family rental homes and several multi-family development projects. This deal underscores Blackstone’s long-term institutional strategy of investing in essential real estate and housing infrastructure.

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Primary Forensic Source https://www.blackstone.com/news/press-releases/blackstone-real-estate-completes-acquisition-of-tricon-residential/
✓ SOURCE LINKED