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Tricon Residential

Residential real estate rental property operator

Regional Manager - Single-Family Rental Community

Full-TimeUpdated on 10/23/2026
$89.7k - $149.5k
Mid
Bachelor's
Rancho Cordova, CA, USA+2 moreMore locations: Lincoln, CA, USA | Reno, NV, USA
In PersonRegular in-person visits across all sites in the region are required.
Real EstateReal Estate Property Management

About the job

Requirements
  • Experience in a regional property community management role.
  • Proven success in leadership of a team.
  • Demonstrated critical thinking.
  • Passion for providing exceptional customer service.
  • Sense of urgency and ability to work under tight deadlines.
  • Comfort learning new software platforms; technology utilization is a major plus.
  • Disciplined problem solver who is proactive, reliable, and resourceful.
  • Track record of fostering a collaborative team environment.
  • Ability to work well under pressure, self-manage, and set an example for others.
  • At least 3 years of regional property management experience.
  • A real estate license is required.
  • Excellent verbal and written communication skills.
  • Professional appearance and demeanor.
  • Multitasking and organizational skills, including the ability to perform multifaceted projects alongside daily activities.
  • Good reasoning abilities and sound judgment.
  • Proven strong customer service experience.
  • Strong presentation skills.
  • Unrelenting attention to detail, with an eye for accuracy and consistency.
  • Ability to meet the stated physical demands, including frequently sitting, talking, and hearing; occasionally standing, walking, handling objects, reaching, stooping, kneeling, or crouching; occasionally lifting or moving up to 10 pounds; and close, distance, and depth-perception vision.
Responsibilities
  • Support pre-leasing and onboarding for lease-up communities in the region, and assist National Leasing Consultants and Leasing & Resident Relations Specialists with showings, self-tours, and walk-ins.
  • Track monthly leasing and occupancy goals, drive move-in velocity, and speak to strategies for improvement.
  • Coach, support, and help hire and manage the performance of on-site team members; ensure sites are staffed and coverage is arranged, including a quarterly staffing calendar.
  • Conduct regular in-person visits across regional sites; perform monthly outreach marketing to local businesses, brokers, Realtors, and multifamily locators; and represent Tricon at Chamber of Commerce and city events.
  • Audit signage, Internet Listing Service listings, and online reputation biweekly, making recommendations or changes as needed and proactively driving positive reviews.
  • Delegate or create and manage Multiple Listing Service listings and set up and manage third-party agent access as needed, verifying listings are active with accurate information and photos.
  • Manage self-show inventory and website postings with National Leasing Consultants and Revenue Management; conduct daily inventory walks during lease-up to confirm homes are ready to show.
  • Serve as the subject matter expert on the submarket and competitive set; report key performance metrics, including availability and pricing/premiums, to the Portfolio Manager, National Leasing Consultants, Asset Management, and Marketing.
  • Ensure Yardi data accuracy and manage customer relationship management and lead tools, including the Elise AI leasing-technology audit and feedback loop; oversee self-tour technology testing and access verification.
  • Partner with the local retention team and Community Manager(s)/Retention Specialist(s) to meet or exceed resident retention goals.
  • Deliver proactive, resourceful, and empathetic customer service; resolve issues before escalation; use Tricon technology as a super-user to train residents and team members on work orders, payments, and surveys; and manage escalations with a win-win mindset.
  • Maintain a strong and positive homeowners association relationship where applicable, including delegating or serving violation notices and confirming corrections.
  • Manage resident transfers, amenity and access coordination (fob/key distribution), and notices required by the Centralized Team.
  • Coordinate with the local office and corporate departments on outstanding resident issues, including renters’ insurance, utilities, and habitability concerns.
  • Maintain organized, timely documentation; coordinate community events with National Leasing Consultants; and build strong relationships with the Development Team, Builder Partner, utility providers, local vendors, and homeowners association.
  • During lease-up, inspect communities daily for construction, violation, signage, landscape, or common-area issues, and hold daily coordination meetings with the Superintendent and Community Manager(s).
  • Hold weekly on-site team meetings, supervise the market, and stay current on move-in and work-order reporting; ensure monthly resident warm calls are completed.
  • Perform financial reviews, track controllable expenses, monitor actual income against budget, and perform or delegate occupancy checks as requested.
  • Coordinate with the Superintendent and Facilities team on exterior property issues, service requests, turn schedules, inventory, and model-office supplies; keep monthly shop, model, and clubhouse inventory current.
  • Oversee smart home system audits and functionality, and common-area maintenance.
  • Manage on-site team apparel compliance and replenishment as needed; support other single-family rental community sites and scattered zones based on availability.
  • Execute and renew vendor contracts, onboard vendors, approve invoices, and oversee vendor service quality; coordinate centralized utility setup and management.
Desired Qualifications
  • Lease-up experience is preferred.
  • A Bachelor of Arts or Bachelor of Science degree is preferred.

About the company

Tricon Residential owns and operates a diversified portfolio of single-family and multi-family rental homes across North America. It buys, renovates, and manages residential properties to provide long-term rental housing for individuals and families, generating income from rents. The company targets high-growth markets and maintains a resident-first approach with professionally managed properties, online rent payments, maintenance requests, and smart-home features to offer a convenient living experience. Its differentiators include geographic diversification across many markets to spread risk and a strong emphasis on service quality through online platforms and resident support. The goal is to provide reliable, comfortable housing while growing its rental portfolio in desirable markets.

Company Size

501-1,000

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1988

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Simplify's Take

What believers are saying

  • Tricon opened Winchester in March 2026, its eighth California build-to-rent community.
  • Blackstone said in May 2026 Tricon has developed or is developing about 64,000 homes.
  • Blackstone's new lending platform supports homebuilder construction, strengthening Tricon's expansion and financing access.

What critics are saying

  • Williams v. Tricon Residential remains ongoing in federal court over criminal-history screening policies.
  • CMBS financing depends on securitizations maturing in 2026 and 2027, exposing refinancing pressure.
  • If Blackstone trims housing investment after integration, Tricon loses capital and strategic autonomy.

What makes Tricon Residential unique

  • Blackstone owns Tricon, backing a 64,000-home single-family rental and home-site platform.
  • Tricon pairs build-to-rent development with in-house operations across U.S. Sun Belt markets and Toronto.
  • Its resident-first model combines smart-home services, online payments, and professionally managed maintenance.

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Benefits

  • Flexible Work Hours
  • Professional Development Budget
  • Mental Health Support
  • Wellness Program

Growth & Insights and Company News

6 month growth

-1%

1 year growth

15%

2 year growth

19%
ApartmentBuildings.com
Mar 31st, 2026
Tricon debuts eighth BTR development in California.

Tricon debuts eighth BTR development in California. News | March 31, 2026 | Paul Bubny California & West + Apartment Buildings Tricon, a Blackstone Real Estate portfolio company, held the grand opening of Tricon Winchester, a build-to-rent (BTR) community in Riverside County. The 180-home development is part of the company's broader effort to expand access to single-family rentals in quality neighborhoods. Tricon Winchester was developed in partnership with Foremost Pacific Group on vacant land, transforming an underutilized site into much-needed housing for families in the Inland Empire. Tricon has now launched eight new BTR communities in California and invested in a pipeline of 5,500 new rental community homes delivered or under development nationwide. "Families want the space and stability of a single-family home, but in today's market, the monthly cost of owning often puts that out of reach," said Andrew Carmody, senior managing director at Tricon. "In the Inland Empire, owning a home can cost roughly 40% more per month than renting a comparable home. Tricon helps to bridge that gap."

AD HOC NEWS
Jan 25th, 2026
Blackstone-led takeover pins Tricon Residential near cash offer as deal certainty trumps volatility

Tricon Residential's stock is trading in a narrow range near its cash takeover offer from a Blackstone Real Estate fund, with daily volatility minimal as the market awaits deal completion. The share price has consolidated after a sharp autumn rally following the merger announcement. Over the past year, shareholders have seen strong double-digit gains as the stock was re-rated from a cyclical REIT to a strategic asset. The takeover effectively caps further upside, with the stock now trading as a merger arbitrage play rather than an operating business. Wall Street analysts have shifted to neutral ratings, acknowledging the limited upside now capped by the cash offer. The remaining spread between trading price and offer price represents timing and regulatory risk. Major brokers assign high probability to deal completion, with no sell recommendations based on deal risk in recent reports.

Multi-Housing News
Jan 20th, 2026
Blackstone Unit to Land $411M for SFR Homes

Blackstone unit to land $411M for SFR homes. The properties are spread across nine states. Blackstone's Tricon Residential is set to receive a $410.5 million CMBS loan backed by 1,490 SFR and nine condo units, according to a report by KBRA. Homes are spread throughout nine states. Royal Bank of Canada will sell the interest-only, floating-rate note. Midland Loan Services will act as servicer and special servicer, while Computershare will serve as trustee. Of the $3.5 billion spent on Tricon's purchase two years ago, Blackstone earmarked $416.4 million for this 1,499-unit collection. Tricon acquired the single-family homes between 2012 and 2024 with an average estimated price of $357,184. They have a vintage of approximately 31 years and their square footage averages 1,743 square feet. All units have at least two bedrooms. Properties are scattered throughout Georgia, Florida, Arizona, Texas, North Carolina, Nevada, South Carolina, California and Indiana. Largest exposure at metro level is in Atlanta (27.9 percent), Phoenix (19.1 percent), Tampa, Fla. (10.6 percent) and Charlotte, N.C. (8.9 percent). The average rent across the collection stood at $2,008 as of January, slightly below the $2,180 national average recorded in December, according to a Yardi Matrix report. Nationally, BTR rents were down 1 percent year-over-year, marking the steepest decline in more than a decade. Blackstone's collection had an average occupancy rate of 96.8 percent in October, better than the 95 percent registered at a national level, the same data provider shows. As of September 2025, Tricon owned or managed more than 65,000 SFR units throughout the U.S. The company issued 19 SFR securitizations totaling $9.2 billion and has already repaid $2 billion across five loans.

Fort Worth Star-Telegram
Jul 17th, 2025
Dozens of new built-to-rent homes unveiled in Arlington master-planned community

HHS Residential and Johnson Development partnered with Tricon on the Viridian development, which is off Collins Street just north of Green Oaks Boulevard.

Tricon Residential
Jun 19th, 2025
Great Place to Work(R) Certifies Tricon Residential As A Great Place To Work(R) In The U.S. and Canada for 2025

Great Place to Work(R) certifies Tricon Residential as A Great Place To Work(R) in the U.S. and Canada for 2025.