Latest news with #TriconResidential
Business Wire
18-06-2025
- Business
- Business Wire
CORRECTING and REPLACING Great Place To Work® Certifies Tricon Residential as a Great Place To Work® in the U.S. and Canada for 2025
TORONTO--(BUSINESS WIRE)--Please replace the release dated June 17, 2025, with the following corrected version due to multiple revisions. The updated release reads: GREAT PLACE TO WORK® CERTIFIES TRICON RESIDENTIAL AS A GREAT PLACE TO WORK® IN THE U.S. AND CANADA FOR 2025 Tricon Residential has Built a Strong Employee Culture Focused on Delivering Exceptional Rental Experiences for Residents, Earning Recognition as a Great Place To Work® in both the U.S. and Canada for 2025 Tricon Residential, a Blackstone Real Estate portfolio company and a leading owner, operator, and developer of rental housing across the U.S. and Canada, has officially been Certified™ as a Great Place To Work® in both the U.S. and Canada for 2025. With an exceptional 93% employee participation rate, this recognition reflects Tricon's commitment to creating a positive employee experience rooted in purpose, well-being and community impact. "At Tricon, our people-first approach starts with our employees," said Gary Berman, President and CEO of Tricon Residential. "To deliver a high standard of care for our residents, we focus on building a culture where our teams feel supported, valued, and aligned with a clear purpose. This recognition from Great Place To Work affirms that when employees are set up to succeed, they deliver meaningful impact far beyond the workplace, including in the homes and communities we serve." In survey responses to Great Place to Work, 87% of Tricon Residential employees say Tricon is a great place to work, consistently citing the Company's focus on growth, connection and well-being as pivotal factors. "When we put our people first, everything else follows," said Sherrie Suski, EVP & Chief People Officer. "We believe that caring for the whole person—professionally and personally—is the foundation of a thriving workplace. When our people thrive, they create the kind of resident experience that truly sets Tricon apart." Supporting Employee Growth Tricon's learning platform, Tricon Academy, gives every team member access to over 2,000 courses spanning leadership, technical skills, and soft skills. Tricon also continues to invest in manager development and internal mobility. Last year: 40% of leadership program graduates were promoted within one year 46% of people leader roles were filled internally Putting Employee Well-Being First Tricon's wellness strategy supports employees across five areas: physical, emotional, social, financial and career. Key initiatives include: Wellness Wednesdays promoting regular health and wellness engagement Talkspace Mental Health Access providing professional mental health support Fitness Reimbursements and Programs supporting employees' physical well-being goals Financial Literacy Workshops building employees' financial knowledge and security Employee Emergency Assistance Fund providing vital support during times of personal crisis Investing in Communities Through Employee Action Tricon actively encourages and supports its employees in giving back to the communities in which it operates. Every team member receives: Eight hours of paid volunteer time per year $100 to donate to a cause of their choice Since the launch of these programs, Tricon employees have donated more than $267,000. In 2024 alone, employees volunteered over 10,000 hours in support of local food banks, education initiatives, youth programs and more. Recognized for Impact In addition to the 2025 Great Place To Work® certification, Tricon was named one of the Top 100 Inspiring Workplaces in North America by the Inspiring Workplaces Group in 2024 and recognized as a Best Workplace in Real Estate in 2023. "Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience," said Sarah Lewis-Kulin, Vice President of Global Recognition at Great Place To Work®. She emphasizes that Certification is the sole official recognition earned by the real-time feedback of employees regarding their company culture. "By successfully earning this recognition, it's clear that Tricon Residential stands out as a top workplace where employees feel valued and supported." About Tricon Residential Tricon Residential is an owner, operator and developer of single-family rental homes in the U.S. and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon's culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life's potential. For more information, visit About Great Place To Work Certification™ Great Place To Work® Certification™ is the most definitive "employer-of-choice" recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place To Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place To Work-Certified. As the global authority on workplace culture, Great Place To Work® brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Their proprietary platform and For All™ Model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified™ or receiving recognition on a coveted Best Workplaces™ List.
National Post
17-06-2025
- Business
- National Post
Great Place To Work® Names Tricon Residential One of the Best Workplaces in Real Estate for 2025
Article content Article content Tricon Residential has Built a Strong Employee Culture Focused on Delivering Exceptional Rental Experiences for Residents, Earning Recognition as One of the Best Workplaces in Real Estate 2025 by Great Place To Work® Article content Article content TORONTO — Tricon Residential Inc., a Blackstone Real Estate portfolio company, has been named one of the 2025 Best Workplaces in Real Estate™ by Great Place To Work ®. This marks Tricon's fifth year on the list and reflects the Company's continued investment in building a positive workplace culture focused on delivering high-quality service to residents across North America. Article content 'At Tricon, our people-first approach starts with our employees,' said Gary Berman, President and CEO of Tricon Residential. 'To deliver a high standard of care for our residents, we focus on building a culture where our teams feel supported, valued, and aligned with a clear purpose. This recognition from Great Place To Work affirms that when employees are set up to succeed, they deliver meaningful impact far beyond the workplace, including in the homes and communities we serve.' Article content In survey responses to Great Place To Work, 87% of Tricon Residential employees say Tricon fosters a positive work environment, consistently citing the Company's strong sense of purpose, investment in employee well-being and active community involvement as pivotal factors. Article content 'Our job is to make sure residents feel heard, valued, and cared for—and that's only possible because of the culture Tricon has built,' said Marc Leclerc, Resident Satisfaction Manager. 'Through investment in our well-being, training, and success, we have the support we need to make a real difference in residents' lives.' Article content Putting Employee Well-Being First Article content Tricon offers a range of health and wellness programs and benefits designed to support employees' physical, social, emotional and financial needs. Key highlights of Tricon's employee well-being initiatives include: Article content Comprehensive Wellness Platform: Provides a wide range of services, including virtual mental health treatment options, offered at no cost. Flex Work Hours and Competitive Wages: Offers flexible work hours, remote work options to accommodate diverse schedules, and competitive wages for employees in every market. Annual Fitness Benefits: Supports employees' physical well-being with access to employer-funded fitness benefits. Employee Assistance Program (EAP): Ensures that employees have access to resources and confidential counseling services, offered at no cost. Article content Investing in Communities Through Employee Action Article content Tricon actively encourages and supports its employees in giving back to the communities in which it operates. Every team member receives: Article content Since the launch of these programs, Tricon employees have donated more than $267,000. In 2024 alone, employees volunteered over 10,000 hours in support of local food banks, education initiatives, youth programs, and more. Article content Recognized for Impact Article content In addition to the 2025 recognition from Great Place To Work, Tricon was named a Top 100 Inspiring Workplace in North America by the Inspiring Workplaces Group in 2024, and a Best Workplace in Real Estate & Property Development in 2022. Article content The Best Workplaces in Real Estate award is highly competitive. Great Place To Work ®, the global authority on workplace culture, determines its lists using a unique methodology to evaluate and certify thousands of organizations in America's largest ongoing annual workforce study, based on over 1.3 million survey responses and data from companies representing more than 8.2 million employees in 2024 alone. Survey responses reflect a comprehensive picture of the workplace experience. Article content 'Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience,' said Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work. She emphasizes that Certification is the sole official recognition earned by the real-time feedback of employees regarding their company culture. 'By successfully earning this recognition, it is evident that Tricon Residential stands out as one of the top companies to work for, providing a great workplace environment for its employees.' Article content About Tricon Residential Inc. Article content Tricon Residential is an owner, operator and developer of single-family rental homes in the U.S. and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon's culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life's potential. For more information, visit Article content Great Place To Work® Certification™ is the most definitive 'employer-of-choice' recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place To Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place To Work-Certified. Article content As the global authority on workplace culture, Great Place To Work® brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Their proprietary platform and For All™ Model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified™ or receiving recognition on a coveted Best Workplaces™ List. Article content Article content Article content Article content Contacts Article content Article content
Business Wire
17-06-2025
- Business
- Business Wire
Names Tricon Residential One of the Best Workplaces in Real Estate for 2025
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc., a Blackstone Real Estate portfolio company, has been named one of the 2025 Best Workplaces in Real Estate™ by Great Place To Work ®. This marks Tricon's fifth year on the list and reflects the Company's continued investment in building a positive workplace culture focused on delivering high-quality service to residents across North America. 'At Tricon, our people-first approach starts with our employees,' said Gary Berman, President and CEO of Tricon Residential. 'To deliver a high standard of care for our residents, we focus on building a culture where our teams feel supported, valued, and aligned with a clear purpose. This recognition from Great Place To Work affirms that when employees are set up to succeed, they deliver meaningful impact far beyond the workplace, including in the homes and communities we serve.' In survey responses to Great Place To Work, 87% of Tricon Residential employees say Tricon fosters a positive work environment, consistently citing the Company's strong sense of purpose, investment in employee well-being and active community involvement as pivotal factors. 'Our job is to make sure residents feel heard, valued, and cared for—and that's only possible because of the culture Tricon has built,' said Marc Leclerc, Resident Satisfaction Manager. 'Through investment in our well-being, training, and success, we have the support we need to make a real difference in residents' lives.' Putting Employee Well-Being First Tricon offers a range of health and wellness programs and benefits designed to support employees' physical, social, emotional and financial needs. Key highlights of Tricon's employee well-being initiatives include: Comprehensive Wellness Platform: Provides a wide range of services, including virtual mental health treatment options, offered at no cost. Flex Work Hours and Competitive Wages: Offers flexible work hours, remote work options to accommodate diverse schedules, and competitive wages for employees in every market. Annual Fitness Benefits: Supports employees' physical well-being with access to employer-funded fitness benefits. Employee Assistance Program (EAP): Ensures that employees have access to resources and confidential counseling services, offered at no cost. Investing in Communities Through Employee Action Tricon actively encourages and supports its employees in giving back to the communities in which it operates. Every team member receives: Eight hours of paid volunteer time per year $100 to donate to a cause of their choice, with Tricon matching all contributions Since the launch of these programs, Tricon employees have donated more than $267,000. In 2024 alone, employees volunteered over 10,000 hours in support of local food banks, education initiatives, youth programs, and more. Recognized for Impact In addition to the 2025 recognition from Great Place To Work, Tricon was named a Top 100 Inspiring Workplace in North America by the Inspiring Workplaces Group in 2024, and a Best Workplace in Real Estate & Property Development in 2022. The Best Workplaces in Real Estate award is highly competitive. Great Place To Work ®, the global authority on workplace culture, determines its lists using a unique methodology to evaluate and certify thousands of organizations in America's largest ongoing annual workforce study, based on over 1.3 million survey responses and data from companies representing more than 8.2 million employees in 2024 alone. Survey responses reflect a comprehensive picture of the workplace experience. "Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience," said Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work. She emphasizes that Certification is the sole official recognition earned by the real-time feedback of employees regarding their company culture. 'By successfully earning this recognition, it is evident that Tricon Residential stands out as one of the top companies to work for, providing a great workplace environment for its employees." About Tricon Residential Inc. Tricon Residential is an owner, operator and developer of single-family rental homes in the U.S. and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon's culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life's potential. For more information, visit About Great Place to Work Certification™ Great Place To Work® Certification™ is the most definitive 'employer-of-choice' recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place To Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place To Work-Certified. As the global authority on workplace culture, Great Place To Work® brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Their proprietary platform and For All™ Model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified™ or receiving recognition on a coveted Best Workplaces™ List.
Yahoo
21-04-2025
- Business
- Yahoo
Residents of this California city are outraged by a new 38-home development approved by state law. Here's why
It's no secret that finding affordable housing options in California is an ongoing struggle for many residents. In an effort to alleviate this ongoing housing crisis, the state recently passed new laws designed to encourage building more homes at a faster pace. However, not everyone likes the new rules, including the residents of Corona, California. I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how Some are furious about the impending development of 38 housing units by Tricon Residential, according to KCAL News. Prior to the new state laws, Corona City Council approved the company building 19 units in the housing development. But, the recent laws that went into effect allowed Tricon Residential to double the number of accessory-dwelling-units (ADUs) built within the same lot. At this point, the City Council can't do much. Essentially, the state law allows for this change to the proposed development with little recourse for the locals. 'I don't want a cracker box across the street,' local resident Paulette Perry said in an interview with KCAL News. 'I want something that looks like our neighborhood.' The location of the proposed two-story housing development is nestled into a neighborhood filled with single-family homes. Most of which were built in the 1960s and 1970s, which gives the neighborhood a classic look. 'They're overpopulating our little area here,' Perry told KCAL News. 'You're not building to our neighborhood, you're building way too high." Perry's petition to stop the development from moving forward amassed 172 signatures. But even with this upswell of community support against the additional housing units, there's little the City Council can do. Tom Richins, a Corona City Council member, claims the new state laws keep the city's hands tied. "You either vote their way, or the city faces lawsuits," he told KCAL. 'It's just turned into: We need more houses, however you can jam pack 'em in, the state would like you to do that." Read more: The US stock market's 'fear gauge' has exploded — but this 1 'shockproof' asset is up 14% and helping American retirees stay calm. Here's how to own it ASAP Because of the state laws recently introduced, it's likely the housing project will keep moving forward with 38 total units. Richins told KCAL News that developers can now rake in extra cash under the guise of creating affordable housing. These new housing units won't be available for sale. Instead, new residents of this built-to-rent community have the opportunity to rent out the units for a monthly rate similar to a mortgage payment. With Tricon properties rented out in the mid-to-high $3,000 per month range, these rent-ready houses aren't necessarily an affordable option for everyone. Especially when compared to the median gross rent of housing in the area at $2,136. Since the number of units doubled, it seems likely that Tricon Residential will stand to earn significantly more in rental income by creating additional units. Tricon Residential's Corona project is being developed in partnership with Foremost Pacific Group and Woodbridge Pacific Group. The intent of this built-to-rent community is to increase access to single-family living accommodations for families who can't afford to buy a place but can afford to rent a space. 'We are proud to partner with Tricon on this much-needed community, which will expand rental housing opportunities for families in Corona,' said Andrew Murphy, Chief Investment Officer at Foremost Pacific Group in an interview with Yield Pro. 'Tricon Corona is thoughtfully designed to provide residents with high-quality homes in a great neighborhood, with the convenience of professional management and access to great local amenities.' According to the Public Policy Institute of California, more than 50% of all adults say housing costs are a financial strain. With average home prices in Corona sitting at $772,888 and median household incomes sitting at $106,438, it could take a significant boost to housing supply to bring prices down to a level that residents can afford. Generally, experts recommend not spending more than 28% to 30% of your gross income on housing. For a household with a take-home income of $106,000, that means they can spend roughly $2,473 per month on housing costs, like a mortgage, to stay within this guideline. That's significantly lower than the potential monthly rental costs of this new housing development. Unfortunately for the concerned Corona citizens, the project seems unlikely to stall. But it's unclear if built-to-rent communities will solve the housing crisis in California. Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
