[ TRANSACTION RECORD ]

Blackstone Inc. Investment in Tricon Rental Housing — 2024

VERIFIED VECTOR ID: 002224 · tx-320
M SOURCE NODE — FUNDER
Blackstone Inc.
Finance United States
$3,500,000,000
EQUITY
01/05/2024
Q DESTINATION NODE — RECIPIENT
Tricon Rental Housing
SPV 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 Rental Housing
Entity Type SPV
Jurisdiction Canada
Intelligence Note

Blackstone Inc. completed the 3.5 billion dollar acquisition of Tricon Residential to expand its portfolio of high-quality single-family rental homes and apartments in North America. This transaction involves managing over 38,000 homes to provide stable housing solutions. 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