What is up with asset management job postings at Tricon?
At the same location (Orange County) right now they have three different AM titles for different job postings but the description is literally the same. Does anyone here have any insights on why is this the case? I see AM- REO dispositions, AM- SFR and AM- Core services.
Based on the most helpful WSO content, there isn't specific information about Tricon's job postings in Orange County. However, here are some general insights that might help:
Job Titles and Descriptions: It's not uncommon for companies to have multiple job postings with similar descriptions but different titles. This can happen for several reasons:
Asset Management Roles: The titles you mentioned (AM- REO dispositions, AM- SFR, and AM- Core services) suggest specialization within asset management:
For more specific insights, you might want to check out discussions on WSO forums or reach out to professionals in the industry who might have direct experience with Tricon.
Sources: https://www.wallstreetoasis.com/forum/asset-management/could-use-some-insight-on-careers-in-asset-management?customgpt=1, Is Anyone Bullish on the Future of Asset Management???, Is Anyone Bullish on the Future of Asset Management???, Real Estate Job Market - What's the Temp?, Is Real Estate "Asset Management" Considered Back Office?
Tricon is considered institutional (atleast relatively speaking) in the SFR space. This makes them look amateurish. Curious, is there a reason a company will ever have three different postings for one position while just slightly changing the title?
Who said it is one position? Is it not just as likely that HR was lazy and copy/pasted the same job description for three similar but slightly different Asset Management roles?
They are definitely NOT hiring 3 AM's lol, trust me.
Then the HR person fucked up another way. Who cares?
As has been reported in the news, Tricon was recently bought by Blackstone. Blackstone is folding Home Partners of America (their other SFR platform) into Tricon. Blackstone portcos are always thirsty for asset managers. More here due to the biz combination
What do you think about Tricon as a player in the REPE space? Any real legitimacy to them given that they're owned by Blackstone?
Yes, tons of legitimacy as they are essentially BX's go-forward SFR platform, similar to how Livcor is their MF platform, Link is the industrial platform, Shopcore is their retail platform, etc.
If you ranked the combined ~65k homes in Tricon/HPA, I think they are probably 3rd biggest platform in terms of value
Edit: I misunderstood the question. I don't know how their REPE biz will be in the Canadian remainco.
Odio in et nemo deserunt ipsam cum cum. Aliquam quaerat voluptatibus odio doloremque magnam. Modi expedita commodi aut. Cumque consequatur numquam ea optio iste saepe tempore. Omnis facere magni atque dignissimos. Nobis reprehenderit consequatur omnis at.
Ut libero quia ab provident. Rerum cum eos illum alias quia quibusdam quia. Cumque quod laudantium sunt eligendi non.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...