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International

Melcor announces staff, salary and dividend reductions

RENX Staff Residential Market Trends International Mar. 26 2020

Melcor Developments (MRD-T) and Melcor REIT (MR-UN-T) are reducing investor payouts, executive and staff salaries and laying off about 25 per cent of their employees in response to the “unprecedented economic challenges” being presented by the COVID-19 virus pandemic. In a release issued

Tricon becomes $10.5B rental housing powerhouse

Steve McLean Residential Strategy National Mar. 19 2020

Tricon Capital Group president, chief executive officer and director Gary Berman joined the company in 2002 and has transformed it into a rental housing powerhouse with $10.5 billion of assets under management. Things weren’t always easy, however, as Berman recently

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