Full-Time

Analyst – Acquisitions

Confirmed live in the last 24 hours

Tricon Residential

Tricon Residential

501-1,000 employees

No salary listed

Junior

Huntersville, NC, USA

Category
Real Estate
Real Estate Finance
Required Skills
Market Research
Financial analysis
Excel/Numbers/Sheets
Requirements
  • Proven analytical skills, ability to problem solve and results / solution oriented
  • Self-motivated and proactive team player, who takes ownership of projects, has strong organizational skills, and the ability to effectively manage competing priorities
  • Flexible and able to work well under pressure in a team environment
  • Execution oriented and understands how to follow steps in a process
  • Extraordinary communication skills with the ability to effectively interact with team members, key stakeholders in a deal, and senior professionals
  • Can develop and articulate a point of view to colleagues verbally and in writing
  • High level of focus on work quality and attention to details
  • BA/BS 4 year degree
  • Highly proficient with MS Excel and knowledgeable of MS Office
Responsibilities
  • Underwriting and preparing financial analyses related to the purchasing of single-family homes
  • Summarizing key investment analyses, including estimated initial renovation costs and ongoing repair and maintenance estimates
  • Establishing and building relationships with third party brokers and homeowners
  • Researching housing trends and economic indicators related to target acquisitions markets
  • Performing valuation recommendations for potential acquisitions of single-family homes or communities of homes
  • Reviewing and interpreting third party property reports and market data pertaining to select projects or markets
  • Analyzing underwriting assumptions and advising the best course of action on a deal-by-deal basis
  • Monitoring and leveraging historical operating results to inform future acquisitions decisions
  • Assisting in various parts of the deal flow process to support the team in accomplishing acquisition targets
  • Managing the due diligence process (deadlines) for properties targeted for acquisition and assembling information as directed
  • Assisting team on various ad hoc projects as required
Desired Qualifications
  • 1-2 Years Relevant Work Experience preferred

Company Size

501-1,000

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1988

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for single-family rentals in the U.S. Sun Belt benefits Tricon.
  • Sustainability initiatives attract environmentally conscious investors and tenants.
  • Build-to-rent communities offer strategic expansion opportunities for Tricon.

What critics are saying

  • Blackstone's acquisition may face backlash from tenant advocacy groups.
  • Legal scrutiny over the acquisition deal could impact Tricon's reputation.
  • Rising market rents in key areas may pressure tenant affordability and satisfaction.

What makes Tricon Residential unique

  • Tricon focuses on single-family rentals in the U.S. Sun Belt and Canadian apartments.
  • The company integrates smart home technology to enhance tenant experience.
  • Tricon is committed to sustainability, exceeding targets from 2020 to 2022.

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Benefits

Flexible Work Hours

Professional Development Budget

Mental Health Support

Wellness Program

Company News

MarketBeat
Apr 26th, 2024
Aew Capital Management L P Invests $6.04 Million in Tricon Residential Inc. (NYSE:TCN)

Aew Capital Management L P invests $6.04 million in Tricon Residential Inc. (NYSE:TCN).

Stock Titan
Apr 25th, 2024
Tricon Goes Private, Blackstone Buys at $11.25/share

Tricon Residential Inc. has received Investment Canada Act approval for its take-private transaction by Blackstone Real Estate. Blackstone will acquire all outstanding Tricon shares at $11.25 each. The deal, also cleared under the Competition Act and approved by shareholders with a final court order, is set to complete by May 1, 2024, resulting in Tricon's delisting from the NYSE and TSX.

Business Wire
Mar 28th, 2024
Tricon Shareholders Approve Proposed Take Private By Blackstone Real Estate

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that at its special meeting (“Meeting”) of shareholders of the Company (“Company Shareholders”) held earlier today, Company Shareholders voted to approve the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc. (and together with their respective affiliates, “Blackstone”) will acquire all of the outstanding common shares of Tricon (“Common Shares”) for US$11.25 per Common Share in cash (the “Transaction”). The Arrangement required the approval of: (i) at least two-thirds (66 2/3%) of the votes cast by Company Shareholders present or represented by proxy at the Meeting, voting as a single class; and (ii) because the proposed Arrangement is a “business combination” subject to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”), a simple majority (more than 50%) of the votes cast by Company Shareholders present or represented by proxy at the Meeting, excluding the votes of Blackstone and other Company Shareholders whose votes were required to be excluded pursuant to MI 61-101. Of the votes cast at the Meeting with respect to the Arrangement, a total of 208,391,666 Common Shares were voted in favour of the special resolution approving the Arrangement, representing approximately 99.3% of the votes cast by Company Shareholders. In addition, a total of 173,887,643 Common Shares were voted in favour of the special resolution approving the Arrangement, representing approximately 99.2% of the votes cast by Company Shareholders, excluding those Common Shares required to be excluded pursuant to MI 61-101

Business Wire
Mar 26th, 2024
Tricon Residential Releases 2023 Annual Sustainability Report

TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, released its annual sustainability report today. The report is a comprehensive review of the Company’s progress toward its five strategic sustainability priorities: Our People, Our Residents, Our Impact, Our Governance and Our Innovation. The Company also announced that it exceeded its sustainability targets for 2020 – 2022 and introduced its next set of three-year key performance indicators (KPIs). “I am incredibly proud to share our annual sustainability report, which highlights our commitment to responsible business practices and showcases how Tricon’s best-in-class resident experience is deeply intertwined with our sustainability program,” said Gary Berman, Chief Executive Officer and President of Tricon

Yahoo Finance
Mar 26th, 2024
Tricon Residential Releases 2023 Annual Sustainability Report

TORONTO, March 26, 2024-(BUSINESS WIRE)-Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the "Company"), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, released its annual sustainability report today.