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Tricon Breaks Ground on Corona BTR Community
Tricon Residential Inc., a Blackstone Real Estate portfolio company, broke ground on Tricon Corona, a new build-to-rent (BTR) community that will create 38 single-family rental homes in the Inland Empire. The project is being developed in partnership with Foremost Pacific Group and built by Woodbridge
Woodbridge Pacific Group.
“There’s a significant need for more housing across California, but supply constraints remain a
key hurdle,” said Andrew Carmody, senior managing director at Tricon Residential. “Tricon is proud to build and develop more homes that allow families to live in communities with high-quality schools, easily accessible employment opportunities, and local amenities, all at prices well below the cost of ownership.”
Tricon Corona will offer one- and two-story home options, three-and four-bedroom layouts, two-car garages and fully fenced backyards. Residents will have access to Tricon Vantage, a suite of resources designed to help them realize their financial goals and enhance their financial well-being.
March 20, 2025: Register to attend the 9th annual Connect Orange County coming up on Thursday, March 20th, and join the region’s most active investors, owners, developers, dealmakers, managers, brokers, lenders, and more at the Hyatt Regency Irvine. Learn more, get involved, and register at: www.ConnectOC2025.com
- ◦Development
