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International

Tricon American Homes JV buys 708 Nashville rentals

Don Wilcox Residential Transactions International Dec. 11 2019

Toronto-based Tricon Capital Group Inc. (TCN-T) has purchased a portfolio of 708 single-family rental homes in Nashville via its Tricon American Homes JV1 joint venture. The fund paid about $278 million (all figures Cdn) for the fully stabilized portfolio. The

CAPREIT raises $1B in equity in 2019, funds big growth

Steve McLean Residential Transactions National Dec. 5 2019

Canadian Apartment Properties REIT (CAPREIT) has issued three equity offerings to raise more than $1 billion in 2019, as president and chief executive officer Mark Kenney says investors appreciate its 20-year track record of sustainable and growing distributions. “Our last

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