Off-market insider buying at Tricon Residential (TCN)

Off-market insider buying at Tricon Residential (T:TCN)

BREIT Debt Parent LLC, a 10% Holder, acquired 1,966,495 Common Shares on a direct ownership basis at a price of $13.000 through a prospectus or prospectus exempt offering on June 8th, 2021. This represents a $25,564,435 investment into the company's shares and an account share holdings change of greater than 100%.

Tricon Residential Inc. (Tricon) is a Canada-based rental housing company. The Company caters to the middle-market demographic throughout the United States and Canada. Tricon owns and manages approximately 31,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform. Tricon is comprised of four operating segments: Single-Family Rental, Multi-Family Rental, Residential Development and Private Funds and Advisory. Single-Family Rental business includes owning and operating single-family rental homes primarily within major cities in the United States (U.S.). Multi-Family Rental business includes owning and operating garden-style multi-family rental properties primarily in the U.S. Residential Development business includes designing and developing multi-family rental properties in Toronto. Private Funds and Advisory business include providing asset management, property management and development management services.