Tricon Winchester Acquired by Tricon | Real Estate Services M&A Deal

Tricon has acquired Tricon Winchester, a real estate development business in California, for an undisclosed amount. Tricon Winchester supports multifamily build-to-rent development acquisition activities, expanding Tricon’s footprint across California markets. Tricon acquisitions in real estate services focus on sourcing and developing rental housing projects that can be scaled through a repeatable platform. The platform acquisition is announced as a private equity acquisition, marking Tricon’s eighth BTR development initiative in California. Terms, advisors, and an expected close date were not disclosed, consistent with CA acquisitions of development pipelines.