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Tricon Residential Agrees to Sell Remaining 20% Stake in 23 US Sun Belt Apartment Assets

Toronto-Based Landlord To Use Proceeds to Pay Down Debt, Expand Single-Family Rental Empire
A Tricon apartment building in the greater Atlanta area. (CoStar)
A Tricon apartment building in the greater Atlanta area. (CoStar)

Tricon Residential is selling its remaining 20% interest in 23 U.S. Sun Belt apartment buildings as the Canadian company focuses on the single-family rental market south of the border.

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