Tricon Residential
Residential real estate rental property operator
Maintenance Technician 4 - HVAC Installer
Daily travel between properties is required.
About the job
- Proficiency in installing, troubleshooting, and repairing HVAC systems.
- Comfort using laptops, tablets, and mobile devices for documentation and communication.
- Willingness to work on-call and overtime hours as needed.
- Consistent use of appropriate personal protective equipment and adherence to safety protocols.
- Proficiency in using work order software.
- Strong organizational and project management skills.
- Excellent problem-solving, decision-making, and conflict-resolution skills.
- EPA 608 Type II or Universal Certification for Refrigerant Management.
- At least 4 years of HVAC replacement experience.
- At least 4 years of supervisory or team-lead experience in maintenance or construction, or equivalent years of service at Tricon combined with completion of the technician certifications program.
- High school diploma or GED.
- Daily travel between properties.
- Ability to regularly lift at least 50 pounds.
- Strong verbal and written communication skills.
- Ability to work in challenging environmental and physical conditions.
- Install, repair, and replace HVAC systems, including furnaces, air handlers, condensers, heat pumps, and ductwork.
- Perform regular HVAC inspections, cleanings, and tune-ups to optimize performance and prevent breakdowns.
- Use tools and software to diagnose HVAC issues, determine root causes, and recommend solutions.
- Repair HVAC components such as compressors, thermostats, motors, and refrigerant lines while ensuring safety and compliance.
- Check and charge refrigerant levels, repair refrigerant line leaks, and maintain EPA compliance.
- Inspect, seal, measure airflow in, and repair or replace damaged ductwork.
- Adjust system settings and recommend upgrades to improve energy efficiency and reduce costs.
- Inspect and repair electrical connections, replace faulty wiring, and address circuit-breaker issues.
- Explain system issues, repair processes, and maintenance tips to residents.
- Maintain detailed service records, including completed work, materials used, and recommendations for future maintenance.
- Track and manage inventory so essential parts and tools are available.
- Share expertise with junior technicians through training and hands-on guidance.
- Use technology for work-order management, inventory tracking, and reporting.
- Communicate with residents, vendors, and internal teams to provide customer service.
- Maintain a clean and safe work environment.
- Drive safely when operating the company-provided vehicle.
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
↑ 15%1 year growth
↑ 15%2 year growth
↑ 19%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."
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.
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.
HHS Residential and Johnson Development partnered with Tricon on the Viridian development, which is off Collins Street just north of Green Oaks Boulevard.
Great Place to Work(R) certifies Tricon Residential as A Great Place To Work(R) in the U.S. and Canada for 2025.