TRICON RESIDENTIAL INC.

TORONTO--(BUSINESS WIRE)--Tricon Residential, a Blackstone Real Estate portfolio company, announced today that its Resident Emergency Assistance Fund ("Fund") has distributed over $1 million in financial assistance to more than 500 residents and their families. Since its launch in 2019, this unique initiative has provided vital support to residents navigating unexpected challenges such as job losses, medical emergencies, and the loss of a loved one. The Fund has helped residents cover essential.» Mehr auf businesswire.com

LEANDER, Texas & TOMBALL, Texas--(BUSINESS WIRE)--Tricon Residential, a Blackstone Real Estate portfolio company, along with its residents, partners and local leaders, celebrated the grand opening of two new built-to-rent communities in Texas: Tricon Bryson in Leander and Tricon Willow Creek in Tomball. Developed in partnership with HHS Residential, a division of Plano-based Highland Homes, these communities will expand housing supply in the Austin and Houston metropolitan areas by adding 303 n.» Mehr auf businesswire.com

NEW YORK & TORONTO--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced the closing of the previously-announced statutory plan of arrangement under the Business Corporations Act (Ontario) pursuant to which Blackstone Real Estate Partners X (“BREP X”), together with Blackstone Real Estate Income Trust, Inc. (“BREIT”), acquired all of the outstanding common shares of Tricon (“Common Shares”) for $11.25 per Common Sha.» Mehr auf businesswire.com