Such statements are also subject to significant known and unknown risks, uncertainties, conditionality (including the completion of contracts which remain subject to outstanding conditions, or the prospect of changes to the Company's operating or building design plans) and other factors that may cause actual results or events to differ materially from those expressed or implied by such statements and, accordingly, should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. These statements are based on certain assumptions, including assumptions regarding local market conditions and the impact of COVID-19 on the Company's operations and business. The forward-looking statements in this news release include statements regarding the intended development and leasing of built-to-rent communities, the number of homes to be developed, the timelines for their delivery, their features and amenities and Tricon's operation of the homes once completed. In some cases, forward-looking information can be identified by such terms as "will", "would", "anticipate", "anticipated", "expect" and "expected". Readers are cautioned that such statements may not be appropriate for other purposes. For more information visit Forward-Looking InformationĬertain statements contained in this news release are forward-looking statements and are provided for the purpose of presenting information about management's current expectations and plans relating to the future. At Tricon Residential, we imagine a world where housing unlocks life's potential. We strive to continuously improve the resident experience through our technology-enabled operating platform and innovative approach to rental housing. Our commitment to enriching the lives of our residents and local communities underpins Tricon's culture and business philosophy. Tricon Residential is an owner and operator of a growing portfolio of approximately 35,000 single-family rental homes and multi-family rental apartments in the United States and Canada with a primary focus on the U.S. Using its technology-enabled operating platform, Tricon aims to deliver an exceptional resident experience within these rental communities, from leasing and maintenance to community activities and ancillary services. The homes will feature convenient and controlled access through Tricon's smart home package, which includes smart locks, door sensors, smart thermostats, energy-efficient HVAC systems, leak detection systems, as well as high-efficiency ENERGY STAR ® certified appliances.
Age of empire 2 build order full#
Tricon is currently on track to have over 600 new homes in these communities constructed and available for rent by the end of 2022, with the full pipeline expected to be delivered by the end of 2024. The 23 communities are located across ten MSAs, including: Texas ( Dallas-Fort Worth, Houston, Austin, and San Antonio) California ( Sacramento and Inland Empire) Phoenix, Arizona Jacksonville, Florida and Reno, Nevada. Our build-to-rent pipeline makes a positive contribution to alleviating America's housing shortage, while stimulating local economic growth and catering to the needs of modern residents." We are also focused on building sustainable communities that enrich the lives of our residents and the local neighborhoods they live in, which is central to our corporate strategy and our Environmental, Social and Governance ("ESG") priorities. "At Tricon, we are committed to expanding the supply of accessible, high-quality housing for families who are seeking a single-family home and prefer the convenience and flexibility of a rental lifestyle. "COVID-19 has cast light on the shortage of affordable housing options across the U.S.," said Gary Berman, President and CEO of Tricon Residential. The communities consist predominantly of single-family detached homes with 3 - 4 bedrooms and two or more bathrooms, and typically have access to a range of resident-centric amenities including community parks, pools and recreational areas. The planned communities are targeting the middle market resident demographic and are located in high-growth Sun Belt states, aligning with Tricon's broader single-family rental strategy. Tricon has always been committed to increasing access to high-quality housing options for American families and believes this can be accomplished in part through the construction of new purpose-built single-family rental communities, within close proximity to excellent schools, parks, neighborhood retail centers, and major job nodes. A rendering of Tricon's Willow Creek Manors in Tomball, TX, one of the company's 23 planned build-to-rent communities.