Full-Time

Vice President

Operations, Single-Family Rental Community

Posted on 7/30/2025

Tricon Residential

Tricon Residential

1,001-5,000 employees

Residential real estate rental property operator

No salary listed

Irving, TX, USA

In Person

Ability to travel including overnight.

Category
Operations & Logistics (1)
Requirements
  • Five to ten years of experience in a senior management position with a proven track record in delivering outstanding results in hospitality and property management
  • A leadership style that is authentic, engaging, collaborative and strategic, based on identified business priorities
  • Strong thoughtful people leader with ability to create succession plans and empower team members
  • Capable of mentoring and driving direct reports to achieve excellence and professional growth
  • Knowledge of P&L Statements, general ledgers, budgeting, etc. is required
  • Capacity to influence and build relationships with residents, suppliers, other team members, and customers
  • Ability to create a climate in which team members want to do their best by leading and communicating a shared vision with associates and providing coaching and development
  • Exceptional communication skills and the ability to adapt to various audiences. A thoughtful, mature and diplomatic style is essential in order to be successful to deliver messages and goals
  • Ability to relay technical concerns with adequate detail, quickly and accurately
  • High degree of initiative and practical problem-solving ability – creative solutions-oriented approach necessary
  • Intermediate level knowledge with Microsoft Office Suite including Outlook, Word, PowerPoint and Excel
  • Ability to organize work, engage in a variety of tasks simultaneously and consistently meet deadlines
  • Ability to meet budgets and control costs
  • Ability to write reports and business correspondence
  • Strong interpersonal skills to effectively communicate with all levels of management
  • Ability to cope and defuse difficult situations and escalations
  • To thrive in this role, the ideal candidate will have a hunger for driving results, a high level of emotional intelligence and will enjoy the challenge of multi-tasking
  • 2-4 year degree from an accredited university in Business Administration, Hotel Management, Property Management, Organizational Leadership or related major; minimum of 6-8 years’ experience in management operations, hospitality, or related professional area
  • Excellent communication skills both written and verbal
  • Ability to cultivate the growth and development of individuals as well as a team, creating positive culture
  • Ability to work well using mobile office electronic tools
  • Excellent math and financial acumen
  • Demonstrated attention to detail
  • Required to maintain a regular schedule which may require working overtime, weekends and non-traditional holidays
  • Ability to travel including overnight
Responsibilities
  • Develops and executes business plans designed to maximize customer and employee satisfaction, profitability, and community performance; verifies that business plans are aligned with Tricon business strategies; translates Tricon Guiding Principles, SOP’s, initiatives and standards into deliverables and results at the community level
  • Creates a cohesive environment and relationship with local leaders and team members, and ensures that each team has the tools, resources, and training to successfully operate their community. Empowers local teams to continuously strive for positive results and improvement and is able to work effectively and cross-departmentally with other leaders; coaches local leadership team by providing specific feedback and holds them accountable for performance; creates learning and development opportunities for employees; creates and effectively executes development plans for direct reports based on their individual strengths, development needs, and career aspirations; Verifies that all managers are doing the same for their direct reports; Creates succession plans for future job openings; actively supports the staffing process; verifies effective work processes, systems and teamwork are in place to maximize individual and overall property performance
  • Serves as a passionate Tricon advocate and verifies that the intent of the Tricon Guiding Principles is pulled through in the resident and employee experience; communicates a clear and consistent message regarding the market and community initiatives, KPI metrics, and resident experience goals to employees, senior leadership team, and peers; serves as a role model by demonstrating exceptional work ethic and service delivery for all employees and residents; champions change; inspires and motivates team to achieve operational excellence; represents Tricon values in all leadership actions
  • Reviews business related data such as community KPI’s, financial performance, inventory, employee engagement, and resident satisfaction; analyzes business information to proactively address changing market conditions; verifies that communities operate within budgetary guidelines and achieves NOI margin goals
  • Verifies that all employees are treated fairly, and with respect; builds rapport with employees by fostering an environment of open communication and spending time with employees on the frontlines; makes self-available to employees (“open door policy”)
  • Interacts with residents and team members on a frequent basis to obtain feedback about their experiences with Tricon Residential; utilizes customer feedback to recognize outstanding employee service performance and improve service delivery; emphasizes and holds leadership team accountable for addressing service failures or potential service failures, and for developing innovative ways to exceed resident expectations; anticipates needs of communities, residents, vendors, and employees in order to deliver excellent service to all internal and external customers
  • Attends and actively participates in SFRC related calls and meetings, providing valuable and accurate feedback on performance, trends, budgets, reporting and processes.
  • Works across multiple departments and stakeholders to align different priorities and goals.
  • Acts as liaison for SFRC team to help resolve IT related issues and facilitate cross-departmental collaboration.

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

1,001-5,000

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1988

Simplify Jobs

Simplify's Take

What believers are saying

  • Expanding BTR pipeline of 5,500 new homes nationwide addresses housing affordability gap in high-growth markets.
  • Secured $410.5 million CMBS loan across nine states, enabling continued portfolio growth and refinancing flexibility.
  • Geographically diversified portfolio across Atlanta, Phoenix, Tampa, Charlotte mitigates regional economic downturns.

What critics are saying

  • BTR rents declined 1% year-over-year; Tricon's $2,008 average rent trails $2,180 national benchmark.
  • Floating-rate CMBS loan exposes debt service to interest rate spikes amid persistent inflation pressures.
  • California BTR expansion faces zoning restrictions and resident backlash against corporate ownership models.

What makes Tricon Residential unique

  • Operates 65,000+ single-family rental units with 96.8% occupancy, outperforming 95% national average.
  • Backed by Blackstone Real Estate with $3.5 billion acquisition capital and strategic operational support.
  • Issued 19 SFR securitizations totaling $9.2 billion, demonstrating institutional-grade capital markets access.

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Benefits

Flexible Work Hours

Professional Development Budget

Mental Health Support

Wellness Program

Company News

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 Portal Aktiengesellschaft
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.

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