It was a deal that Tricon Residential started talking about a year ago before the pandemic even began, but the Canadian company has now said it agrees in principle to a transaction that will see it sell an 80% stake in 23 multifamily properties valued at 1.3 billion U.S. dollars.
Tricon Residential Agrees to Sell US Apartment Stake
Toronto-Based Company Creates Joint Venture to Sell 80% Stake in US$1.3 Billion Multifamily Portfolio
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