Artificial Intelligence
Builders Company
Developers/Tricon
T
TriconToronto, Canada · founded 1988 · 2 active markets
SUBSIDIARY

Tricon develops and operates professionally managed rental housing: single-family homes and communities across U.S. Sun Belt markets, plus purpose-built multifamily apartments in Toronto, serving middle-market families and renters seeking quality, connected neighbourhood living.

Years in business
38
founded 1988
LinkedIn headcount
790
employees, as shown on LinkedIn · size band 1,001–5,000
Assets under management
USD 16.3 billion
December 31, 2023
Projects last researched October 12, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Tricon Residential Inc.1
Headquarters
7 St. Thomas Street, Suite 8011, Toronto1, Canada
Founded
19881
Entity type
SUBSIDIARY1
Business model
build to rent1
Markets
2 markets listed
What they build
Residential, for rent (9 of 9) · Mixed use (4 of 9) · Retail (3 of 9)
Full dossier in About →

Delivery record

2 date-assessed of 9 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
9
within the rolling ten-year window
Median delay
+7.8 mo
the middle of 2 scored projects
Average delay
+7.8 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+10.5 mo
The Ivy · +4.0 to +17.0
1
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
0
red rows below

Against other developers

2 date-assessed projects here
Not enough info yet.
Projects and timelines in Track Record →

Resident experience

8 of 9 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.4/ 10
Weighted judgment across build and operations · from 8 of 8 rated buildings
Structure & systems
8.1/ 10
Fabric, services, waterproofing, envelope · from 4 of 8 rated buildings
Management & living
7.9/ 10
Upkeep, response times, amenities, community · from 8 of 8 rated buildings

Against other developers

8 rated here · 50 developers, 243 rated buildings in Canada
Overall rating
Tricon · 50 other developers in Canada
8.4 vs 7.1
this developer 1.3 better
The weighted verdict on each side. From 8 of 8 rated buildings here and 243 in the market.
Structure & systems
Tricon · 50 other developers in Canada
8.1 vs 5.7
this developer 2.4 better
Fabric and engineering only — fixed at handover. From 4 of 8 rated buildings here and 102 in the market.
Management & living
Tricon · 50 other developers in Canada
7.9 vs 6.6
this developer 1.3 better
Upkeep and response — belongs to whoever runs the building now. From 8 of 8 rated buildings here and 222 in the market.
The market here is Canada: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • LEGAL Filed November 20, 2024; dismissal amended June 20, 2025 On November 20, 2024, plaintiffs filed a federal class-action lawsuit alleging that Tricon and related entities used blanket criminal-history and eviction-filing screening policies that disproportionately denied housing to Black applicants and Black women; Tricon said the allegations were baseless and that it complied with fair-housing laws. The individual claims were dismissed with prejudice on June 20, 2025, while the putative class claims had previously been dismissed without prejudice, and the public record does not disclose settlement terms or a merits finding.
  • DELIVERY DELAY Site-plan application submitted in 2019 but did not progress; Tricon’s exit reported in 2021; receivership ordered 2026-02-10; research position as of 2026-10-12 Labatt Village (7 Labatt Avenue/77 River Street, Toronto) stalled and entered receivership: the project’s original developer, TAS, did not advance the development materially after 2021 and lacked liquidity to complete rezoning; Tricon had been an 80%-stake partner with an institutional investor but sold their combined interest back to TAS in 2021 for $15.1 million, so the later receivership is reported as a TAS/SPV event and does not establish current parent liability.
Record status
active
Company sources
81 source entries across 81 fields
Projects tracked
9 · 9 completed in assessment
All flags and sources →

Track Record

Delivery record

2 date-assessed of 9 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
9
within the rolling ten-year window
Median delay
+7.8 mo
the middle of 2 scored projects
Average delay
+7.8 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+10.5 mo
The Ivy · +4.0 to +17.0
1
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
0
red rows below

Against other developers

2 date-assessed projects here
Not enough info yet.

Construction start to handover

9 of 9 projects dated · 5 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Toronto, Canada
Garland, United States
Saginaw, United States
Rancho Cordova, United States
McKinney, United States
2015201620172018201920202021202220232024202520262027todayTORONTO, CANADAcompleted, no target publishedcompleted, no target published+10.5 moverifiedcompleted, no target publishedcompleted, no target publishedGARLAND, UNITED STATEScompleted, no target publishedSAGINAW, UNITED STATES+31 moestimatedRANCHO CORDOVA, UNITED STATES+5 moverifiedMCKINNEY, UNITED STATEScompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 dated statement is held back: a broker listing with no date on it, or a page with no year, cannot fix a date. 5 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

8 of 9 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.4/ 10
Weighted judgment across build and operations · from 8 of 8 rated buildings
Structure & systems
8.1/ 10
Fabric, services, waterproofing, envelope · from 4 of 8 rated buildings
Management & living
7.9/ 10
Upkeep, response times, amenities, community · from 8 of 8 rated buildings

Against other developers

8 rated here · 50 developers, 243 rated buildings in Canada
Overall rating
Tricon · 50 other developers in Canada
8.4 vs 7.1
this developer 1.3 better
The weighted verdict on each side. From 8 of 8 rated buildings here and 243 in the market.
Structure & systems
Tricon · 50 other developers in Canada
8.1 vs 5.7
this developer 2.4 better
Fabric and engineering only — fixed at handover. From 4 of 8 rated buildings here and 102 in the market.
Management & living
Tricon · 50 other developers in Canada
7.9 vs 6.6
this developer 1.3 better
Upkeep and response — belongs to whoever runs the building now. From 8 of 8 rated buildings here and 222 in the market.
The market here is Canada: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

8 rated · 1 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
The TaylorEntertainment District, Toronto286 units
9.7/ 10
9.0/ 10
8.1/ 10
RentCafe 4/5, 5/5, 5/5, 5/5, 4.5/5, 4/5 · 99 reviews · rentcafe.com
Combined from 6 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.1.

Google Reviews/Maps provides the largest resident review base found and sets the level at 4.9/5, converted to 9.7/10. RentCafe is materially lower at 4.5/5, so the overall score is moderated; recurring positive themes offset that moderation, while the available physical-condition evidence supports a strong but less certain 9.0 structure score.

+ well-maintained building+ high-quality interiors+ quiet between units+ durable flooring
− construction-related noise− occasional leaks reported in an aggregate summary
Not found in sources: no specific structural failure reported
+ friendly concierge+ responsive management+ efficient maintenance+ well-kept amenities+ community atmosphere
− construction-related noise− parking capacity concerns

Published feedback is mainly positive about the physical asset: one resident called the building “well-maintained,” while another said, “The build quality is great - I can never hear my neighbors.” A separate review reported, “Noise is bad. But i think theyre doing construction,” and an aggregate review summary mentions occasional leaks, reportedly resolved quickly; no serious structural or systems failure was documented in the material read.

Residents repeatedly praise the concierge team as “friendly and professional,” and one says maintenance handled a work order “within a day ... quickly and thoughtfully.” Amenities are described as “amazing, clean, and never too busy,” but a May 2026 review reports, “Noise is bad. But i think theyre doing construction,” while another says parking is insufficient.

Tricon SunridgeRancho Cordova114 units
9.6/ 10
—/ 10
9.6/ 10

Google Reviews/Maps provides the largest and only qualifying building-specific review aggregate found: 4.9/5 from 64 reviews, converted to 9.3/10 under the stated curve. The recurring positive themes support a modest upward adjustment to 9.6; no recurring complaint or materially disagreeing qualifying platform was found. Structural scoring remains null because the published evidence describes features and positive resident impressions but does not provide a separate structure rating.

+ Modern homes+ High-quality efficient equipment and appliances+ Smart-home technology+ All-electric design+ Solar and EV-charger compatibility
+ Responsive staff+ Smooth move-in+ Easy application process+ Clean, modern homes+ Quiet and family-oriented setting

The published material reviewed contains positive physical-asset feedback rather than defect reports: a 2025 California Electric Homes case study says residents noted the “high quality of their homes,” particularly efficient equipment and appliances and the convenience of smart technology. The same source reports an all-electric design with induction cooking and heat-pump space and water heating; no resident review read reported leaks, HVAC failures, plumbing problems, electrical failures or other structural defects.

The Google review material is strongly positive about day-to-day leasing and resident experience: reviewers describe staff as “kind and helpful,” “quick to respond,” and “very communicative,” while another says the home is “beautiful” and the move-in was “smooth and professional.” The reviews also praise cleanliness, modern finishes, perceived safety and quiet surroundings; no recurring operational complaint was identified in the written reviews read.

Tricon GarlandGarland100 units
9.4/ 10
—/ 10
9.4/ 10

Google Reviews/Maps provides the largest and only qualifying review-based aggregate located for the building: 4.8/5 from 44 reviews, which converts to 9.4/10 on the stated market curve. The visible written excerpts are mostly positive and include repeated praise for staff and tours, but the one operational complaint was not recurring and therefore did not move the anchor.

+ professional leasing staff+ responsive communication+ helpful move-in support+ clean model home+ well-kept property
− inflexible move-in orientation

no notes returned

no links returned

The published Google material is strongly positive about daily interactions: reviewers describe Britney as “very thorough, professional, and incredibly helpful,” with one saying she was “always prompt” in responding. The main negative review said the move-in orientation was not flexible despite a long-distance move; this is a single operational complaint, not a recurring theme. The source page reported 4.8/5 from 44 reviews as of its September 14, 2026 publication date, but the visible excerpts are not a complete audit of all 44 reviews.

The SpokeJunction Triangle, Toronto398 units
8.5/ 10
8.0/ 10
RentCafe 4.5/5 · 525 reviews · rentcafe.com
RentCafe publishes 4.5/5 from 525 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 8.
7.4/ 10
RentCafe 3.5/5, 4.5/5, 4.5/5, 4/5, 4.5/5, 4.5/5 · 525 reviews · rentcafe.com
Combined from 6 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.4.

RentCafe’s 4.5/5 building aggregate, based on 525 reviews, is the largest qualifying review base and converts to 8.5/10 under the requested curve. The published aspect scores are broadly consistent, with parking at 3.5/5 and noise at 4.0/5, but no recurring written-review themes were available to justify a further adjustment.

+ Amenities rated 4.5/5+ Staff rated 4.5/5+ Value rated 4.5/5+ Location rated 4.5/5
− Parking rated 3.5/5− Noise rated 4.0/5

RentCafe publishes a 4.5/5 maintenance sub-rating for the building from 525 reviews. It also publishes a 4.0/5 noise sub-rating, but no source read for this report supplied a specific engineering, plumbing, HVAC, electrical, leak, or waterproofing observation.

RentCafe’s resident-facing aggregate reports “Amenities 4.5,” “Staff 4.5,” “Value 4.5,” and “Location 4.5” out of 5, while parking is lower at 3.5/5 and noise at 4.0/5. These are published aspect scores rather than individual comments; Strata separately states, “No reviews yet,” and Zumper’s 9.7/10 figure is a proprietary expert rating rather than a review-built resident aggregate.

Maple HouseCanary District, Toronto770 units
8.0/ 10
8.0/ 10
RentCafe 4.5/5 · 229 reviews · rentcafe.com
RentCafe publishes 4.5/5 from 229 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 8.
7.2/ 10
RentCafe 3.5/5, 4.5/5, 4.5/5, 4.5/5, 4.5/5, 3.5/5 · 229 reviews · rentcafe.com
Combined from 6 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.2.

RentCafe’s 4.0/5 resident aggregate, based on the largest review base of 229, sets the 7.0 anchor. Google Reviews/Maps is materially more positive, but its smaller base does not replace the anchor; the reported recurring praise outweighs the moderate operational and value complaints, producing 7.3 overall. Structure is supported by the published 4.5/5 maintenance rating, while living reflects the aggregate plus the reported management, amenity, noise and parking evidence.

+ 4.5/5 maintenance rating+ Prompt maintenance responses+ Well-maintained building reported+ Modern design and finishes
− Cosmetic wall-paint wear− Closet-door and layout complaints− Steam-room closures
+ Helpful concierge and management+ Responsive work-order handling+ Clean building+ Peaceful environment+ Strong amenity offering
− Noise concerns− Parking concerns− High rent/value concerns− Amenity closures− Concierge capacity concerns

RentCafe publishes a 4.5/5 maintenance rating from 229 reviews. Residents also report that maintenance can be prompt—one said a repair was completed “the very next day”—but another complained that wall paint feels “cheap,” closet doors are difficult, and the steam room was closed more often than open.

Daily-life feedback is broadly favourable: residents describe the building as “clean,” “peaceful,” and supported by professional management, while Google-derived reviews praise concierge responsiveness and quick work-order handling. The main operational reservations are RentCafe’s 3.5/5 parking and noise ratings, high-rent comments, and a review saying concierges seem “overstretched.”

The SelbyToronto502 units
8.0/ 10
7.4/ 10
RentCafe 4/5, 4.5/5 · 138 reviews · rentcafe.com
Combined from 2 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.4.
7.6/ 10
RentCafe 4.5/5, 4.5/5, 4/5, 4.5/5, 4.5/5, 4/5 · 138 reviews · rentcafe.com
Combined from 6 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.6.

Google's 4.5/5 from 588 reviews is the largest resident review base and converts to 8.5, setting the level. RentCafe is a material but smaller dissent at 4.0/5 from 138 reviews, while repeated praise and reported operational problems move the final resident-experience score modestly downward to 8.0. Structure and living sub-scores are reported separately because the evidence supports both systems/maintenance and daily-life dimensions.

+ Well-maintained common areas+ Prompt maintenance reported+ Modern amenities+ Clean corridors and amenities
− Work-order delays− Frequent elevator outages− Reported floor flooding− Broken sauna reported
+ Friendly concierge+ Helpful management and leasing staff+ Strong gym and amenities+ Clean common areas+ Community events
− Unresponsive management reported− Package-delivery disorganization reported− High rent and increases− Noise from building events− Occasional poor concierge manner reported

Published reviews describe the building as clean and well maintained, while RentCafe reports 4.5/5 for maintenance. Counterevidence includes a resident saying a missing refrigerator shelf remained unfixed after a year, and another review reporting that “entire floors have been flooded” and elevators were frequently out of service; these are resident reports rather than independently verified engineering findings.

Day-to-day reviews are mostly favorable: residents call the concierge “professional, friendly and always quick to help,” and describe the gym, pool, lobby and events positively. The negative operational reports are material but uneven: one review says “Emails never responded to” and packages were chaotic, while another says management later improved and became “responsive and reasonable to requests.”

Tricon SaginawSaginaw166 units
7.4/ 10
—/ 10
7.4/ 10

The largest building-specific published rating is Google Reviews/Maps at 4.1/5 from 19 reviews, converted to 7.4/10 on the requested market curve. The written feedback is mostly positive about staff, move-in and the setting, while the two negative operational reports do not meet the recurring-theme threshold for a commentary deduction; no building-specific structural performance score was published.

+ New homes+ Modern interiors+ Private yards+ Smart-home features+ Attached two-car garages
+ Helpful leasing staff+ Responsive communication+ Peaceful setting+ Friendly neighbors+ Positive move-in experience
− Rigid 10-day move-in rule− Unresolved fence-cost dispute− Unreturned emails

The published building-specific material describes new construction, modern interiors, tankless water heaters, leak-detection sensors and professionally maintained landscaping, but these are advertised features rather than resident-reported performance findings. The written reviews read did not report flooding, leaks, HVAC, plumbing, electrical, lift or other structural failures.

Daily-life feedback was predominantly positive: residents described the community as “very peaceful,” said neighbors were friendly, and praised staff as “very amazing and respectful” who answer questions promptly. The negative posts were operational rather than physical: one called Tricon’s 10-day move-in rule “ridiculous,” while another said a fence-cost issue remained unresolved after two months and that emails had not received a response.

Tricon Trinity FallsMcKinney126 units
6.8/ 10
—/ 10
6.5/ 10

The largest published review base found was one review, with Apartments.com publishing a 4.0/5 blended property rating. Its curve conversion is 7.0, but because no rating set reaches 10 reviews, the score is kept within one point of 6.5; the limited evidence and tour-stage context support 6.5 rather than a stronger conclusion.

+ Professional tour staff+ Planned pool and splash pad+ Planned fitness and recreation amenities+ On-site property management
− Construction disruption at time of review

no notes returned

no links returned

The only written account praised the tour team, saying “Mel and Jeremy” were exceptional and that their “enthusiasm and professionalism were contagious.” It also cautioned that “the site may currently appear chaotic” because construction was ongoing; the reviewer nevertheless expressed confidence in the completed community and wrote, “Five stars without a doubt!”

Only buildings that have reached handover are rated. 1 of 9 projects carries no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Tricon Residential Inc.
Headquarters
7 St. Thomas Street, Suite 801, Toronto, Canada
M5S 2B7
Founded
1988
Toronto, Canada
Entity type
SUBSIDIARY
Revenue
USD 795317 thousand
year ended December 31, 2023
Business model
build to rent

Offices

head office and 1 other
Tustin

Sources: office cities

FILINGdate not shown in source

2022 ESG ANNUAL REPORT

Tricon Residential Inc. · carried by s34643.pcdn.co
Our Tustin office has an all-fuel energy use intensity
value seen: Tustin
value paraphrased from this source
https://s34643.pcdn.co/wp-content/uploads/TR_2022-ESG-AR-vF.pdf

Partners

5 partners
Blackstone Real Estate Partners X and Blackstone Real Estate Income Trust, Inc.
funder

Blackstone acquired all outstanding common shares in the privatization completed in 2024.

Canada Pension Plan Investment Board (CPP Investments)
funder

The joint venture provides up to C$500 million of equity capital for Greater Toronto Area build-to-core multifamily rental projects, with Tricon as developer, asset manager and property manager.

HHS Residential
contractor

HHS Residential partnered with Tricon on Texas built-to-rent communities and construction of the rental homes.

Johnson Development
landowner

Johnson Development was identified as project developer for Tricon Bryson.

Dream Unlimited Corp. and Kilmer Group
joint venture

The partners develop Toronto West Don Lands rental projects on an equal-ownership basis.

Sources: name

COMPANY2024-05-01

Blackstone Real Estate Completes Privatization of Tricon

Blackstone
Blackstone Real Estate Partners X (“BREP X”), together with Blackstone Real Estate Income Trust, Inc. (“BREIT”), acquired all of the outstanding common shares
value seen: Blackstone Real Estate Partners X
https://www.blackstone.com/news/press/blackstone-real-estate-completes-privatization-of-tricon/

Sources: name

PRESS2021-03-23

Tricon and CPP Investments Announce C$500M Toronto Multi-Family Development Joint Venture

Tricon Residential Inc. · carried by newswire.ca
Tricon Residential Inc. and Canada Pension Plan Investment Board (“CPP Investments”) announced today that they have entered into a joint venture
value seen: Canada Pension Plan Investment Board
https://www.newswire.ca/news-releases/tricon-and-cpp-investments-announce-c-500m-toronto-multi-family-development-joint-venture-892560222.html

Sources: name

COMPANY2024-09-19

Tricon Opens Two New Communities in Texas, Expanding Housing Supply

Tricon
Developed in partnership with HHS Residential, a division of Plano-based Highland Homes
value seen: HHS Residential
https://triconhomes.com/resources/insights/tricon-residential-opens-two-new-communities-in-texas-expanding-housing-supply/

Sources: name

COMPANY2024-09-19

Tricon Opens Two New Communities in Texas, Expanding Housing Supply

Tricon
The project developer is Johnson Development, and the builder is HHS Residential.
value seen: Johnson Development
https://triconhomes.com/resources/insights/tricon-residential-opens-two-new-communities-in-texas-expanding-housing-supply/

Sources: name

FILINGdate not shown in source

Document

SEC
The projects are being developed in partnership with Dream Unlimited Corp. and Kilmer Group on an equal ownership basis.
value seen: Dream Unlimited Corp. and Kilmer Group
https://www.sec.gov/Archives/edgar/data/1584425/000158442524000014/triconresidentialaif2023.htm

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

2 countries
United Statesactive 4 projects tracked
Canadaactive 5 projects tracked

What they build

3 types
Residential, for rent9 of 9
Mixed use4 of 9
Retail3 of 9
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
DB
David Berman
David Berman co-founded Tricon in 1988 and remains its Executive Chairman, serving on the Executive Committee and chairing the Investment Committee. His background is in real-estate lending, acquisitions, equity lending, land development and single-family homebuilding, including roles at Citibank Canada, First City Development Corporation and Lakeview Estates Limited.
Current title
Executive Chairman & Co-Founder
Experience
50+ years real estate: nearly
Companies before
Citibank CanadaFirst City Development CorporationLakeview Estates Limited
Education
University of the WitwatersrandMaster of Business Administration; Bachelor of Science
Other boards
Royal Conservatory of Music in Toronto
Known for
FounderExecutive ChairmanLand developmentSingle-family homebuilding
since 1988 (co-founded Tricon); Executive Chairman after March 2015

Sources: education

COMPANYdate not shown in source

David Berman - Tricon

Tricon Residential
David n has a Master of Business Administration degree, graduating with high distinction, and a Bachelor of Science degree from the University of the Witwatersrand in Johannesburg, South Africa.
value seen: Master of Business Administration degree; Bachelor of Science degree from the University of the Witwatersrand
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://triconresidential.com/people/david-berman/

Sources: full name

COMPANYdate not shown in source

David Berman - Tricon

Tricon Residential
# David Berman
value seen: David Berman
https://triconresidential.com/people/david-berman/

Sources: other boards

COMPANYdate not shown in source

David Berman - Tricon

Tricon Residential
David serves on the board of the Royal Conservatory of Music in Toronto.
value seen: board of the Royal Conservatory of Music in Toronto
https://triconresidential.com/people/david-berman/

Sources: previous companies

COMPANYdate not shown in source

David Berman - Tricon

Tricon Residential
David began his career in North America in 1978 at what is now Citibank Canada... In 1982, he joined First City Development Corporation... Prior to co-founding Tricon, David was an Executive Vice President at Lakeview Estates Limited
value seen: Citibank Canada; First City Development Corporation; Lakeview Estates Limited
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://triconresidential.com/people/david-berman/

Sources: role type

COMPANYdate not shown in source

David Berman - Tricon

Tricon Residential
David Berman has been involved in all phases of Tricon’s development since co-founding the company in 1988. He served as the company’s Chairman and Chief Executive Officer until March 2015 and has since transitioned into the role of Executive Chairman.
value seen: co-founding the company in 1988; role of Executive Chairman
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://triconresidential.com/people/david-berman/

Sources: since

COMPANYdate not shown in source

David Berman - Tricon

Tricon Residential
He served as the company’s Chairman and Chief Executive Officer until March 2015 and has since transitioned into the role of Executive Chairman.
value seen: 1988; until March 2015; since transitioned
value paraphrased from this source
https://triconresidential.com/people/david-berman/

Sources: summary

COMPANYdate not shown in source

David Berman - Tricon

Tricon Residential
David is a member of Tricon’s Executive Committee and is Chair of its Investment Committee.
value seen: David Berman co-founded Tricon in 1988 and remains its Executive Chairman, serving on the Executive Committee and chairing the Investment Committee.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://triconresidential.com/people/david-berman/

Sources: title

COMPANYdate not shown in source

David Berman - Tricon

Tricon Residential
Executive Chairman & Co-Founder
value seen: Executive Chairman & Co-Founder
https://triconresidential.com/people/david-berman/
GM
Geoff Matus
Geoff Matus co-founded Tricon in 1988, continues to provide consulting services, and is documented as a director who chairs Tricon’s Executive Committee. He is also chair and co-founder of Cidel Bank of Canada and chair of The Team Companies, with extensive governance and investment-committee experience across business, healthcare, education and cultural organisations.
Current title
Director & Co-Founder
Experience
no career length stated
Companies before
none sourced
Education
University of the WitwatersrandBachelor of Commerce and Law
Columbia UniversityMaster of Laws
Other boards
Chair and co-founder, Cidel Bank of CanadaChair, The Team CompaniesDirector, MaRS Discovery DistrictChair, University of Toronto Pension and Endowment Investment Advisory Committee and Real Estate Committee
Known for
FounderTricon directorCidel co-founderCidel chairmanExecutive Committee chair
Work email: gmatus@cidel.com1 Email
since 1988 (co-founded Tricon)

Sources: education

COMPANYdate not shown in source

Geoff Matus - Tricon

Tricon Residential
Geoff has Bachelor of Commerce and Law degrees from the University of the Witwatersrand in Johannesburg, South Africa and a Master of Laws degree from Columbia University in New York.
value seen: Bachelor of Commerce and Law degrees; Master of Laws degree
held out of the figures · the quote does not carry this value
https://triconresidential.com/people/geoff-matus/

Sources: email

OTHER2024-11-27

GEOFF MATUS - CIDEL

Cidel
+1 416 928 4110 • gmatus@cidel.com Canada
value seen: gmatus@cidel.com
https://www.cidel.com/team-member/geoff-matus/

Sources: full name

COMPANYdate not shown in source

Geoff Matus - Tricon

Tricon Residential
# Geoff Matus
value seen: Geoff Matus
https://triconresidential.com/people/geoff-matus/

Sources: other boards

COMPANYdate not shown in source

Geoff Matus - Tricon

Tricon Residential
Geoff is the Chair and co-founder of Cidel Bank of Canada... He is also the Chair of The Team Companies... He is a director of the MaRS Discovery District
value seen: Chair and co-founder of Cidel Bank of Canada; Chair of The Team Companies; director of MaRS Discovery District
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://triconresidential.com/people/geoff-matus/

Sources: role type

COMPANYdate not shown in source

Geoff Matus - Tricon

Tricon Residential
Geoff Matus co-founded Tricon Residential in 1988 and continues to provide it with consulting services. He is a member of the Board of Directors, chairs the Executive Committee and is a member of the Investment Committee.
value seen: co-founded Tricon Residential in 1988; member of Board of Directors
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://triconresidential.com/people/geoff-matus/

Sources: since

COMPANYdate not shown in source

Geoff Matus - Tricon

Tricon Residential
Geoff Matus co-founded Tricon Residential in 1988 and continues to provide it with consulting services.
value seen: 1988
value paraphrased from this source
https://triconresidential.com/people/geoff-matus/

Sources: summary

COMPANYdate not shown in source

Geoff Matus - Tricon

Tricon Residential
Geoff Matus co-founded Tricon Residential in 1988 and continues to provide it with consulting services. He is a member of the Board of Directors, chairs the Executive Committee and is a member of the Investment Committee.
value seen: Geoff Matus co-founded Tricon in 1988, continues to provide consulting services, and is documented as a director who chairs Tricon’s Executive Committee.
https://triconresidential.com/people/geoff-matus/

Sources: tags

OTHER2024-11-27

GEOFF MATUS - CIDEL

Cidel
Chairman, Cidel Bank Canada ... Geoff is co-founder and chairman of Cidel.
value seen: Chairman, Cidel Bank Canada; co-founder and chairman of Cidel
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.cidel.com/team-member/geoff-matus/

Sources: title

COMPANYdate not shown in source

Geoff Matus - Tricon

Tricon Residential
Director & Co-Founder
value seen: Director & Co-Founder
https://triconresidential.com/people/geoff-matus/
GB
Gary Berman
Gary Berman leads Tricon’s overall operations, strategic vision and capital allocation. Since joining in 2002, he has helped shift the business from private equity in for-sale housing to a large rental platform, and he led Tricon’s Toronto purpose-built rental initiative launched in 2016; his prior career included Goldman Sachs.
Current title
President & Chief Executive Officer
Experience
no career length stated
Companies before
Goldman Sachs
Education
Harvard Business SchoolMaster of Business Administration; Baker Scholar
McGill UniversityBachelor of Commerce
Other boards
Honorary Governor, Corporation of Massey Hall and Roy Thomson HallPolicy Advisory Board, Harvard Joint Center for Housing StudiesCEO Council, National Rental Home Council
Known for
CEOJoined 2002SFR/BTR pioneerToronto rental platformMBA
since Joined Tricon in 2002; became CEO in 2015
Our strategy of focusing on housing largely in the Sun Belt, where we see more migration and population and household growth, is a business that obviously has a great future. Commercial Observer May 10, 2023https://commercialobserver.com/power-series/player/gary-berman/

Sources: education

COMPANYdate not shown in source

Gary Berman - Tricon

Tricon Residential
Gary earned a Master of Business Administration degree from Harvard Business School, where he was named a Baker Scholar, and a Bachelor of Commerce degree from McGill University, graduating first overall in the Faculty of Management.
value seen: Master of Business Administration degree from Harvard Business School; Bachelor of Commerce degree from McGill University
held out of the figures · the quote does not carry this value
https://triconresidential.com/people/gary-berman/

Sources: full name

COMPANYdate not shown in source

Gary Berman - Tricon

Tricon Residential
# Gary Berman
value seen: Gary Berman
https://triconresidential.com/people/gary-berman/

Sources: other boards

COMPANYdate not shown in source

Gary Berman - Tricon

Tricon Residential
He serves as a Honorary Governor of the Corporation of Massey Hall and Roy Thomson Hall, is a member of the Policy Advisory Board at Harvard’s Joint Center for Housing Studies (JCHS), and is on the CEO Council of the National Rental Home Council (NRHC).
value seen: Honorary Governor of the Corporation of Massey Hall and Roy Thomson Hall; Policy Advisory Board at Harvard’s Joint Center for Housing Studies; CEO Council of the National Rental Home Council
held out of the figures · the quote does not carry this value
https://triconresidential.com/people/gary-berman/

Sources: previous companies

PRESS2022-04-02

Tricon CEO Gary Berman on his company’s next moves — and why he told 60 Minutes millennials don’t necessarily desire to own homes

Toronto Star / Winnipeg Free Press
Berman, who joined his dad’s company in 2002 after a stint at Goldman Sachs and took over as Tricon’s CEO in 2015.
value seen: Goldman Sachs
https://www.winnipegfreepress.com/thestar/2022/04/02/tricon-ceo-gary-berman-on-his-companys-next-moves-and-why-he-told-60-minutes-millennials-dont-necessarily-desire-to-own-homes

Sources: quotes

PRESS2023-05-10

Gary Berman – Commercial Observer

Commercial Observer
“Our strategy of focusing on housing largely in the Sun Belt, where we see more migration and population and household growth, is a business that obviously has a great future.”
value seen: Our strategy of focusing on housing largely in the Sun Belt, where we see more migration and population and household growth, is a business that obviously has a great future.
https://commercialobserver.com/power-series/player/gary-berman/

Sources: role type

COMPANYdate not shown in source

Gary Berman - Tricon

Tricon Residential
President & Chief Executive Officer
value seen: President & Chief Executive Officer
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://triconresidential.com/people/gary-berman/

Sources: since

COMPANYdate not shown in source

Gary Berman - Tricon

Tricon Residential
Since joining Tricon in 2002, Gary has transformed the company from a private equity provider in the for-sale housing industry into a premier rental housing platform.
value seen: Since joining Tricon in 2002
https://triconresidential.com/people/gary-berman/

Sources: summary

COMPANYdate not shown in source

Gary Berman - Tricon

Tricon Residential
Gary Berman leads Tricon Residential’s overall operations, steering the company’s strategic vision and capital allocation with a steadfast commitment to a people-first approach to business.
value seen: Gary Berman leads Tricon’s overall operations, strategic vision and capital allocation.
held out of the figures · the quote does not carry this value
https://triconresidential.com/people/gary-berman/

Sources: title

COMPANYdate not shown in source

Gary Berman - Tricon

Tricon Residential
President & Chief Executive Officer
value seen: President & Chief Executive Officer
https://triconresidential.com/people/gary-berman/
JE
Jonathan Ellenzweig
Jonathan Ellenzweig oversees Tricon’s rental-housing and development platforms, including investment strategy, sourcing, stakeholder relationships and business-plan execution, and leads the San Francisco office. Since joining in 2005, he has participated in major strategic initiatives including the 2010 IPO, the 2012 single-family-rental launch, the 2019 U.S. multifamily entry and the 2024 privatization; previously he worked in investment banking at Citigroup Global Markets.
Current title
Executive Vice President & Chief Investment Officer
Experience
no career length stated
Companies before
Citigroup Global Markets
Education
Queen’s UniversityHonours Bachelor of Commerce, First Class Honours
Other boards
Policy Advisory Board, Fisher Centre for Real Estate and Urban Economics at the University of California, BerkeleyBoard, Marin Girls SoftballBoard, Lark Theatre
Known for
Chief Investment OfficerJoined 2005Development platformsCitigroup Global MarketsIPO track record
since Joined Tricon in 2005

Sources: education

COMPANYdate not shown in source

Jonathan Ellenzweig - Tricon

Tricon
Jonathan has an Honours Bachelor of Commerce degree with First Class Honours from Queen’s University.
value seen: Honours Bachelor of Commerce degree with First Class Honours from Queen’s University
https://triconhomes.com/people/jonathan-ellenzweig/

Sources: full name

COMPANYdate not shown in source

Jonathan Ellenzweig - Tricon

Tricon
# Jonathan Ellenzweig
value seen: Jonathan Ellenzweig
https://triconhomes.com/people/jonathan-ellenzweig/

Sources: other boards

COMPANYdate not shown in source

Jonathan Ellenzweig - Tricon

Tricon
He is a member of the Urban Land Institute, the Policy Advisory Board of the Fisher Centre for Real Estate and Urban Economics at the University of California, Berkeley, and serves on numerous local Boards of Directors, including Marin Girls Softball, and the Lark Theatre
value seen: Policy Advisory Board of the Fisher Centre for Real Estate and Urban Economics; Marin Girls Softball; Lark Theatre
held out of the figures · the quote does not carry this value
https://triconhomes.com/people/jonathan-ellenzweig/

Sources: previous companies

COMPANYdate not shown in source

Jonathan Ellenzweig - Tricon

Tricon
Prior to joining Tricon, Jonathan worked in investment banking in New York and Toronto for Citigroup Global Markets.
value seen: Citigroup Global Markets
https://triconhomes.com/people/jonathan-ellenzweig/

Sources: role type

COMPANYdate not shown in source

Jonathan Ellenzweig - Tricon

Tricon
Jonathan Ellenzweig is responsible for the strategic oversight of Tricon’s rental housing and development platforms.
value seen: strategic oversight of rental housing and development platforms
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://triconhomes.com/people/jonathan-ellenzweig/

Sources: since

COMPANYdate not shown in source

Jonathan Ellenzweig - Tricon

Tricon
Since joining Tricon in 2005, Jonathan has been an integral part of many of its defining strategic initiatives
value seen: Since joining Tricon in 2005
https://triconhomes.com/people/jonathan-ellenzweig/

Sources: summary

COMPANYdate not shown in source

Jonathan Ellenzweig - Tricon

Tricon
He helps design and implement investment strategy, manages relationships with key stakeholders, sources new opportunities and oversees teams responsible for business plan execution and investment management.
value seen: Jonathan Ellenzweig oversees Tricon’s rental-housing and development platforms, including investment strategy, sourcing, stakeholder relationships and business-plan execution.
held out of the figures · the quote does not carry this value
https://triconhomes.com/people/jonathan-ellenzweig/

Sources: title

COMPANYdate not shown in source

Jonathan Ellenzweig - Tricon

Tricon
Executive Vice President & Chief Investment Officer
value seen: Executive Vice President & Chief Investment Officer
https://triconhomes.com/people/jonathan-ellenzweig/
WF
Wissam Francis
Wissam Francis oversees Tricon’s financial functions, including reporting and analysis, treasury, capital-market strategy and tax. He brings more than 25 years of real-estate experience across multiple sectors; before Tricon he was a senior member of Ernst & Young’s Transaction Real Estate advisory practice and Director of Finance and Acquisitions at First Capital Realty.
Current title
Executive Vice President & Chief Financial Officer
Experience
25+ years real estate
Companies before
Ernst & YoungFirst Capital Realty
Education
Wilfrid Laurier UniversityMaster of Business Administration
University of WaterlooMaster of Arts in Economics and Statistics
University of Western OntarioBachelor of Arts in Finance; Honours degree in Economics
Harvard Business SchoolLeadership for Senior Executives Program
Other boards
none sourced
Known for
CFOJoined 2014CPA, CMACapital markets
since Joined Tricon in 2014

Sources: education

COMPANYdate not shown in source

Wissam Francis - Tricon

Tricon Residential
Wissam has a CPA, CMA designation and a Master of Business Administration degree from Wilfrid Laurier University, a Master of Arts degree in Economics and Statistics from the University of Waterloo and a Bachelor of Arts degree in Finance and an Honours degree in Economics from the University of Western Ontario.
value seen: CPA, CMA designation; Master of Business Administration; Master of Arts in Economics and Statistics; Bachelor of Arts in Finance; Honours degree in Economics
held out of the figures · the quote does not carry this value
https://triconresidential.com/people/wissam-francis/

Sources: full name

COMPANYdate not shown in source

Wissam Francis - Tricon

Tricon Residential
# Wissam Francis
value seen: Wissam Francis
https://triconresidential.com/people/wissam-francis/

Sources: previous companies

COMPANYdate not shown in source

Wissam Francis - Tricon

Tricon Residential
Before joining Tricon in 2014, Wissam was a senior member of Ernst & Young’s Transaction Real Estate advisory practice. Prior to that, he was the Director of Finance and Acquisitions at First Capital Realty.
value seen: Ernst & Young; First Capital Realty
held out of the figures · the quote does not carry this value
https://triconresidential.com/people/wissam-francis/

Sources: role type

COMPANYdate not shown in source

Wissam Francis - Tricon

Tricon Residential
Wissam Francis oversees all aspects of Tricon’s financial functions, including financial reporting and analysis, treasury, capital market strategies, and tax functions.
value seen: financial functions, including financial reporting and analysis, treasury, capital market strategies, and tax functions
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://triconresidential.com/people/wissam-francis/

Sources: since

COMPANYdate not shown in source

Wissam Francis - Tricon

Tricon Residential
Before joining Tricon in 2014, Wissam was a senior member of Ernst & Young’s Transaction Real Estate advisory practice.
value seen: Before joining Tricon in 2014
value paraphrased from this source
https://triconresidential.com/people/wissam-francis/

Sources: summary

COMPANYdate not shown in source

Wissam Francis - Tricon

Tricon Residential
Wissam Francis oversees all aspects of Tricon’s financial functions, including financial reporting and analysis, treasury, capital market strategies, and tax functions.
value seen: Wissam Francis oversees Tricon’s financial functions, including reporting and analysis, treasury, capital-market strategy and tax.
held out of the figures · the quote does not carry this value
https://triconresidential.com/people/wissam-francis/

Sources: title

COMPANYdate not shown in source

Wissam Francis - Tricon

Tricon Residential
Executive Vice President & Chief Financial Officer
value seen: Executive Vice President & Chief Financial Officer
https://triconresidential.com/people/wissam-francis/
AO
Alan O’Brien
Alan O’Brien oversees Tricon’s overall operations, including resident experience, marketing, leasing, maintenance, construction and information technology, and partners on business strategy. He previously led property management and resident experience as Chief Resident Experience Officer; before Tricon, he worked at 29th Street Capital and other boutique real-estate investment companies, and earlier was a telecommunications engineer at Ericsson.
Current title
Executive Vice President & Chief Operating Officer
Experience
no career length stated
Companies before
29th Street CapitalEricsson
Education
University of LimerickBachelor of Electronic Engineering
Other boards
Chair of the Operations Committee, National Rental Home Council (until 2024)
Known for
COOResident experienceJoined 201429th Street CapitalEricsson engineer
https://linkedin.com/in/alan-o-brien-b0403b6
since Chief Resident Experience Officer from 2014 to 2025; Chief Operating Officer from July 2025

Sources: education

COMPANYdate not shown in source

Alan O’Brien - Tricon

Tricon
Alan received his secondary and university education in Ireland and has a Bachelor of Electronic Engineering degree from the University of Limerick.
value seen: Bachelor of Electronic Engineering degree from the University of Limerick
https://triconhomes.com/people/alan-obrien/

Sources: full name

COMPANYdate not shown in source

Alan O’Brien - Tricon

Tricon
# Alan O’Brien
value seen: Alan O’Brien
https://triconhomes.com/people/alan-obrien/

Sources: other boards

COMPANYdate not shown in source

Alan O’Brien - Tricon

Tricon
Alan served as the Chair of the Operations Committee of the National Rental Home Council (NRHC) until 2024.
value seen: Chair of the Operations Committee of the National Rental Home Council (until 2024)
https://triconhomes.com/people/alan-obrien/

Sources: previous companies

COMPANYdate not shown in source

Alan O’Brien - Tricon

Tricon
Prior to joining Tricon in 2014, Alan worked at a variety of boutique real estate investment companies, including 29th Street Capital... Before entering real estate, he worked at Ericsson as a telecommunications engineer
value seen: 29th Street Capital; Ericsson
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://triconhomes.com/people/alan-obrien/

Sources: role type

COMPANYdate not shown in source

Alan O’Brien - Tricon

Tricon
Alan O’Brien serves as Chief Operating Officer of Tricon, where he is responsible for overseeing the company’s overall operations.
value seen: Chief Operating Officer
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://triconhomes.com/people/alan-obrien/

Sources: since

COMPANYdate not shown in source

Alan O’Brien - Tricon

Tricon
As Chief Resident Experience Officer from 2014 to 2025, Alan was responsible for oversight of Tricon’s property management business and resident experience.
value seen: Chief Resident Experience Officer from 2014 to 2025; Chief Operating Officer from July 2025
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://triconhomes.com/people/alan-obrien/

Sources: summary

COMPANYdate not shown in source

Alan O’Brien - Tricon

Tricon
Alan leads all operational activities including resident experience, marketing, leasing, maintenance and construction, and information technology, and is a key partner in establishing the strategic direction of the business.
value seen: Alan O’Brien oversees Tricon’s overall operations, including resident experience, marketing, leasing, maintenance, construction and information technology.
held out of the figures · the quote does not carry this value
https://triconhomes.com/people/alan-obrien/

Sources: title

COMPANYdate not shown in source

Alan O’Brien - Tricon

Tricon
Alan O’Brien serves as Chief Operating Officer of Tricon, where he is responsible for overseeing the company’s overall operations.
value seen: Executive Vice President & Chief Operating Officer
held out of the figures · the quote does not carry this value
https://triconhomes.com/people/alan-obrien/

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

9 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
The SpokeToronto, Canada
Junction Triangle
residential for rent, retail398123 and 8 storeys——————Sep 2026—not scorablecompleted
Tricon GarlandGarland, United States
residential for rent1001————20238/7/2023—Oct 2025—not scorablecompleted
Tricon SaginawSaginaw, United States
residential for rent1661————2022November 15, 2022Mar 2023Oct 2025+31.0 mo
(+31.0 to +31.0)
estimatedcompleted
Tricon SunridgeRancho Cordova, United States
residential for rent1141——USD 60m
investment announced
—202307/01/2023Nov 2024Apr 2025+5.0 mo
(+5.0 to +5.0)
sourcedcompleted
Tricon Trinity FallsMcKinney, United States
residential for rent1261———————Apr 2025—not scorablecompleted
Maple HouseToronto, Canada
Canary District
residential for rent, mixed use7701Two sixteen-story buildings and a twenty-six-story tower40,000 sq ft——2023May 24, 2023—May 2024—not scorablecompleted
The IvyToronto, Canada
Church Wellesley Village
residential for rent, mixed use232134 storeys214,621 sq ft——2023November 8, 2023Jul 2023 – Sep 2023Jan 2024 – Dec 2024+10.5 mo
(+4.0 to +17.0)
sourcedcompleted
The TaylorToronto, Canada
Entertainment District
residential for rent, retail, mixed use286136 storeys———2018Q1 2018—Jan 2022 – Dec 2022—not scorablecompleted
The SelbyToronto, Canada
residential for rent, retail, mixed use502150 Storeys566,541 sq ft——2015October 5—Jan 2019 – Dec 2019—not scorablecompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

6 found
PROJECT AWARD Winner July 24, 2024
2024 ULI Americas Awards for Excellence · Canary Landing – Maple House
Maple House was selected as one of the ten winners of the 2024 ULI Americas Awards for Excellence; ULI lists Tricon Residential among the project’s developers.
PROJECT AWARD Winner June 22, 2022 (reported June 23, 2022)
Best New Community, Planned/Under Development · Canary Landing
Canary Landing, a joint project by Dream Asset Management, Kilmer Group and Tricon Residential, won BILD’s Best New Community, Planned/Under Development category.
RANKING Ranked June 19, 2024
Top 100 Inspiring Workplaces in North America
Tricon Residential was ranked No. 31 in the 2024 Top 100 Inspiring Workplaces in North America and also received special recognition for Inspiring Employee Voice.
RANKING Ranked 2023
Fortune Best Workplaces in Real Estate
Tricon Residential was ranked No. 29 in the 2023 Fortune Best Workplaces in Real Estate list.
SAFETY / QUALITY Certified June 18, 2025 (reported June 17, 2025)
Great Place To Work Certification – U.S. and Canada
Tricon Residential was certified as a Great Place To Work in both the United States and Canada for 2025.
SUSTAINABILITY 2023 sustainability results (reported in 2023 report)
GRESB Green Star designation and peer-group leadership
The developer’s 2023 sustainability report states that Tricon attained a GRESB Green Star designation and that its overall GRESB score improved from 2022, following peer-group leadership recognition in multiple categories in 2022.

Risks

Auditor & credit ratings

audited accounts
AuditorPricewaterhouseCoopers LLP

Risk flags

3 found
LEGAL Filed November 20, 2024; dismissal amended June 20, 2025
On November 20, 2024, plaintiffs filed a federal class-action lawsuit alleging that Tricon and related entities used blanket criminal-history and eviction-filing screening policies that disproportionately denied housing to Black applicants and Black women; Tricon said the allegations were baseless and that it complied with fair-housing laws. The individual claims were dismissed with prejudice on June 20, 2025, while the putative class claims had previously been dismissed without prejudice, and the public record does not disclose settlement terms or a merits finding.
DELIVERY DELAY Site-plan application submitted in 2019 but did not progress; Tricon’s exit reported in 2021; receivership ordered 2026-02-10; research position as of 2026-10-12
Labatt Village (7 Labatt Avenue/77 River Street, Toronto) stalled and entered receivership: the project’s original developer, TAS, did not advance the development materially after 2021 and lacked liquidity to complete rezoning; Tricon had been an 80%-stake partner with an institutional investor but sold their combined interest back to TAS in 2021 for $15.1 million, so the later receivership is reported as a TAS/SPV event and does not establish current parent liability.
RISK Maple House

The project faced supply-chain challenges during COVID.

Record status

active
Coverageactive
Tracked sinceOctober 11, 2026
Last checkedOctober 12, 2026 this month
Profile last researchedOctober 12, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.