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About Us

Who We Are

Founded in 1988, Tricon is a rental housing company focused on serving the middle-market demographic. Tricon owns and operates approximately 30,000 single-family rental homes and multi-family rental units in 21 markets across the United States and Canada, managed with an integrated technology-enabled operating platform.

Our Team

Tricon’s investments are overseen by a management team that has extensive real estate, private equity, finance and development experience.

Gary Berman is responsible for Tricon’s overall operations, including strategic planning, investment decisions, capital commitments, relationship management and private fundraising. Since joining Tricon in 2002, Mr. Berman has helped transform Tricon from a private provider of equity and mezzanine capital to the for-sale housing industry to a publicly-listed company focused on rental housing. Under his leadership, Tricon has established itself as a diversified residential company with a growing portfolio of single-family rental homes, multi-family properties, development projects, and build-to-rent communities. Mr. Berman is a member of the Company’s Board of Directors as well as its Investment Committee and Executive Committee.

Mr. Berman is a Trustee of the Urban Land Institute, a member of the University of Toronto Real Estate Advisory Committee, and a Governor of the Corporation of Massey Hall and Roy Thomson Hall, where he also serves on the Massey Hall Revitalization Committee. He is the co-founder of the Pug Awards, an online awards and education-based charity that, for a decade, helped to increase architectural awareness and elevate planning and design standards in Toronto.

Mr. Berman holds a Master of Business Administration degree from Harvard Business School, where he was designated a Baker Scholar, and a Bachelor of Commerce degree from McGill University, where he graduated first overall in the Faculty of Management.

Wissam Francis oversees all aspects of Tricon’s financial management including financial reporting and analysis, treasury, capital market strategies, investor relations, internal audit and tax function.

Mr. Francis has extensive experience in financial reporting, capital markets, mergers and acquisitions, corporate finance and strategy formulation. He has over 15 years of experience in real estate and has been actively involved in a variety of projects and sectors, including residential, retail, industrial, office, mixed-use and development.

Before joining Tricon in 2014, Mr. Francis was a senior member of Ernst & Young’s Transaction Real Estate advisory practice. Prior to that, he was the Director of Finance and Acquisitions at First Capital Realty. Mr. Francis has a CPA, CMA designation and holds a Master of Business Administration degree from Wilfrid Laurier University, a Master of Arts degree in Economics from the University of Waterloo, a Bachelor of Arts degree in Finance and an Honours Degree in Economics from the University of Western Ontario.

David Berman has been involved in all phases of Tricon’s development since co-founding the Company in 1988. He served as the Company’s Chairman and Chief Executive Officer until March 2015 and has since transitioned into the role of Executive Chairman. Mr. Berman is a member of Tricon’s Executive Committee and Chair of its Investment Committee. He has close to 50 years of experience in the real estate industry in the United States, Canada, and abroad.

Mr. Berman began his career in North America in 1978 at what is now Citibank Canada, where he was Vice President for real estate lending. In 1982, he joined First City Development Corporation as Vice President, focusing on real estate acquisitions and equity lending. Prior to co-founding Tricon, Mr. Berman acted as Executive Vice President for Lakeview Estates Limited, where he was responsible for land development and single-family homebuilding.

Mr. Berman currently serves as a board member for the Royal Conservatory of Music in Toronto. At the end of 2019, he stepped down from the Real Estate Advisory Board for the University of Toronto, where he had served for many years. He previously held a similar position at the Fisher Center at the University of California at Berkeley.

Mr. Berman holds a Master of Business Administration degree, graduating with High Distinction, and a Bachelor of Science degree from the University of the Witwatersrand in Johannesburg, South Africa.

Geoff Matus co-founded Tricon in 1988 and continues to provide consulting services to the Company. He is a member of the Board of Directors, chairs the Executive Committee and is a member of Tricon’s Investment Committee.

Mr. Matus is the Chair and co-founder of Cidel Bank of Canada, an international financial services group. He is the Chair of The Team Companies, an employer of record payroll provider for the advertising and entertainment industries. He is a past member of the board of Mount Sinai Hospital (where he currently serves on the Research Advisory Committee), the board of Governing Council of the University of Toronto (where he currently chairs the Pension and Endowment Investment Advisory Committee and the Real Estate Committee) and the Canadian Opera Company. He is a director of the MaRS Discovery District (where he is Chair of the Real Estate Committee) and an honorary director and past Chair of the board of directors of the Baycrest Centre for Geriatric Care. He is the honorary Chair of the Hospital for Sick Kids / Nelson Mandela Children’s Hospital Project. Mr. Matus has founded several other companies and remains a director of some of them.

In 2005, Mr. Matus received the Jewish Federation award for outstanding service to his community. In 2010 he received the Arbor Award for outstanding service to the University of Toronto and, in 2011, was honoured as a “Man of Distinction” by the Israel Cancer Research Fund.

Mr. Matus holds Bachelor of Commerce and Law degrees from the University of the Witwatersrand in Johannesburg, South Africa, and received a Master of Laws degree from Columbia University in New York. In 2018 the University of Toronto conferred on Mr. Matus an honorary Doctor of Laws degree.

Saul Shulman has been a Member of Tricon’s Investment Committee since the formation of the Company in 1988. Mr. Shulman also served as a Director of Tricon from its formation until May 2010.

Mr. Shulman was formerly a senior partner at Goodman and Carr LLP for almost 40 years, and has extensive legal experience in evaluating and structuring real estate transactions in North American and international markets. He is currently the Chief Executive Officer of MLG Management Inc., and a director, member of the audit committee, and chair of the governance committee of Acadian Timber Corp. His previous directorships and trusteeships include: Brookfield Renewable Power Inc., Brookfield Renewable Power Trust, Brookfield Asset Management, Brookfield Office Properties Inc., Summit Real Estate Investment Trust, Summit Industrial Income REIT, Trizec Corporation Ltd., Edper Investments, JDS Investments Limited and Triumph Energy, as well as a number of private companies.

Mr. Shulman holds a Bachelor of Commerce degree from the University of Windsor. He graduated from Osgoode Hall Law School in Toronto, and was called to the Ontario Bar in 1965. Mr. Shulman was appointed as Queen’s Counsel in 1984.

Jonathan Ellenzweig is responsible for the strategic oversight of Tricon’s rental housing and residential development platforms. In this role, Mr. Ellenzweig helps design and implement investment strategy, manages senior relationships with key stakeholders, sources new opportunities and oversees dedicated teams responsible for business plan execution and asset management. In addition, Mr. Ellenzweig is a member of Tricon’s Investment Committee and manages Tricon’s San Francisco office.

Since joining Tricon in 2005, Mr. Ellenzweig has been an integral part of many of the Company’s defining strategic initiatives, including Tricon’s IPO in 2010, the launch of Tricon American Homes in 2012, and the Company’s entry into U.S. Multi-family Rental in 2019. Prior to joining Tricon, Mr. Ellenzweig worked in investment banking in New York and Toronto for Citigroup Global Markets, where he was a member of the coverage and transaction execution teams for financial services and media / telecom companies.

Mr. Ellenzweig holds an Honours Bachelor of Commerce degree and was awarded First Class Honours from Queen’s University. He currently serves as a member of the Policy Advisory Board for the Fisher Center for Real Estate and Urban Economics at the University of California, Berkeley, is a member of the leadership team for the Residential Neighborhood Development Council of the Urban Land Institute, and serves on the Board of Directors of the Lark Theater, a non-profit single-screen art house cinema in Marin County, California.

Kevin Baldridge is responsible for the operational oversight of Tricon’s Single-family rental (SFR) and US and Canadian Multi-family rental businesses and is a key partner in establishing the strategic direction of the business.

In his role, Mr. Baldridge leads the Company’s organic SFR acquisitions and renovations and daily operating activities, as well as the company’s Marketing, Innovation and IT initiatives.

Before joining Tricon in May 2015, Mr. Baldridge served as President of Irvine Company Apartment Communities, overseeing all property operations, asset management, and acquisitions. Prior to his time with the Irvine Company, Mr. Baldridge served as SVP for General Investment and Development in Boston.

Mr. Baldridge is the President and a Board member of the National Rental Housing Council. He also serves as an advisory board member to Zillow. He and his wife founded and run Hope in Motion International, a charity which provides medical assistance to orphanages and villages in Latin America. He also held board positions on the National Multifamily Housing Council, the California Apartment Association, Serving People in Need and JSerra High School.

Mr. Baldridge holds a degree in Economics from the University of California, Los Angeles (UCLA) and a Masters of Science in Finance and Accounting from the London School of Economics (LSE).

Ms. Suski is responsible for overseeing the Human Resources function for Tricon. She serves as a strategic business advisor to the executive team and departmental heads in regard to key business and management issues, leading organizational strategy, promoting operational effectiveness, and elevating team performance through innovative leadership.

With the Company’s ambitious growth plans, Ms. Suski is highly focused on the acquisition and development of caring and talented employees – as they are the foundation and future leaders of the Company.

Ms. Suski brings to Tricon more than 20 years of experience at building, inspiring and retaining high performance teams. She has led human resource and administrative functions for large multi-national organizations and numerous venture-backed start-ups, in the high-tech and big data space. She holds a Master’s Degree from California State University Long Beach and a Bachelor of Science Degree from University of California, Irvine, graduating both Phi Beta Kappa and Cum Laude. Ms. Suski is an official member of the invitation-only Forbes Human Resources Council, and is regularly published by Forbes.

David Veneziano is responsible for overseeing all legal affairs and governance matters relating to Tricon in furthering the Company’s operational and strategic objectives. Mr. Veneziano has been Tricon’s General Counsel since 2014, providing advice on all aspects of the Company’s operations, investments, corporate structuring and finance, compliance and corporate governance. He is also Tricon’s Corporate Secretary and its Chief Compliance Officer.

Before joining Tricon in 2014, Mr. Veneziano served as Vice President and General Counsel of Leisureworld Senior Care Corporation (now Sienna Senior Living), where he was responsible for all legal and governance matters relating to the Company. Prior to Leisureworld, Mr. Veneziano practiced law at Goodmans LLP, where he advised a wide array of public and private enterprises in matters relating to tax, mergers and acquisitions, corporate finance, compliance and restructuring.

Mr. Veneziano is a graduate of the University of Toronto Law School and holds a Bachelor of Science (Honours) degree in Human Biology and Bioethics from the University of Toronto, where he graduated with High Distinction.

Douglas Quesnel is responsible for all aspects of Tricon’s financial management, including external public reporting, private funds and advisory reporting, and investment fund administration.

Prior to joining Tricon in 2014, Mr. Quesnel served in senior executive roles with Dream Unlimited, including Chief Accounting Officer and Chief Financial Officer of Dream Global REIT, and Chief Financial Officer of Dream Unlimited Corp., where he was responsible for business planning and analysis, investor relations, financial reporting, debt and equity financing and tax planning.

Mr. Quesnel has a CPA, CA designation and holds a Graduate Diploma in Public Accountancy from McGill University and a Bachelor of Commerce degree from Concordia University.

Andy Carmody serves as co-head of Tricon’s U.S. residential development business, including build-to-rent community development. In this role, Mr. Carmody designs and implements strategy, manages senior relationships with key stakeholders, sources investment opportunities, and oversees the investment team responsible for business plan execution and asset management. He is also responsible for overseeing Tricon’s master planned community development platform operated through the Johnson Companies LP.

Mr. Carmody has extensive experience in the acquisition, planning, development and asset management of large-scale master planned and mixed-use communities. He has over 20 years of diverse experience in real estate, business strategy, new business development, product development, marketing, manufacturing and operations across a wide range of industries.

Before joining Tricon in 2017, Mr. Carmody was President, Residential at Crescent Communities where he led all aspects of business strategy, acquisitions, entitlements, planning & design, development & construction, asset management and operations across a portfolio of 18 master-planned communities. Prior to that, Mr. Carmody was Senior Vice President at Kitson & Partners responsible for investment strategy, land acquisition and early-stage investment management for an institutionally-backed real estate investment platform. He has also held roles as a Director of Strategic and Operational Marketing at Centex Homes and as an Engagement Manager at McKinsey & Company, a global management consulting firm. Mr. Carmody has significant technical experience in a variety of engineering roles, including prior work as an Engineering Specialist at The Boeing Company and Plant Manager at Amerigon, Inc.

Mr. Carmody holds a Master of Business Administration degree from Harvard Business School and a Bachelor of Engineering degree from the University of Michigan. He is currently a member of the Community Development Council of the Urban Land Institute.

Andrew Joyner heads Tricon’s Canadian Multi-family Rental business. Mr. Joyner is responsible for all aspects of day-to-day platform activities, including setting strategic direction and sourcing investment opportunities, as well as overseeing dedicated teams responsible for business plan execution: development and construction, asset management and operations. In addition, Mr. Joyner manages senior relationships with joint-venture partners.

Prior to joining Tricon in 2016, Mr. Joyner worked at CPP Investment Board (CPPIB) in Toronto, with a focus on real estate investments throughout North America. Before this, Mr. Joyner worked at Hines in London, U.K, where he was responsible for property acquisitions in Western Europe, and worked in investment banking at Goldman Sachs in New York.

Mr. Joyner holds a Master of Business Administration degree from Columbia University, an undergraduate degree in Economics from Queen’s University, from both of which he graduated with Distinction, and is a CFA Charterholder. Mr. Joyner is a member of the Multifamily Council of the Urban Land Institute.

Andrew Gray is Tricon’s Head of Development, Canada. In his role, Andrew oversees all development and construction activities across the Greater Toronto Area and leads Tricon’s dedicated team of development professionals.

Prior to joining Tricon in 2018, Mr. Gray served as Head of Eastern Canada at Concert Properties, overseeing the development of high-rise purpose-built rental apartment and condominium projects. Before this, Mr. Gray was Vice President, Development at Waterfront Toronto, where he was responsible for Toronto’s East Bayfront redevelopment, and was a senior executive at Tribute Communities, where he developed several large-scale master planned communities in the Greater Toronto Area. Mr. Gray is a former member of the Board of Directors of the Building Industry and Land Development (BILD) Association.

Mr. Gray holds a Master of Business Administration degree from the University of Toronto, a Master of Urban and Regional Planning from Queen’s University and an undergraduate degree in Urban Geography & Economics from the University of Toronto.

Evelyne Dubé’s role at Tricon is focused on business development and private capital fundraising.

Prior to joining the Company, Ms. Dubé spent 15 years in London, UK, where she held senior business development positions at private equity real estate managers Forum Global Partners, Apollo Management/Citi Property Investors, and Curzon Global Partners/AEW Europe. She also previously held corporate finance advisory roles at KPMG Corporate Finance in London and Montreal. She currently serves as a board member of the Academy of St Martin in the Fields in London, UK.

Ms. Dubé holds a Master of Business Administration (MBA) from HEC-Montréal and a Bachelor of Laws (LL.B.) from Université de Montréal. She also studied at the London Business School in the UK and is a member of the Bar of Quebec, Canada.

Wojtek Nowak is responsible for managing Tricon’s corporate finance and investor relations functions, including budgeting and forecasting, management reporting and analysis and investor communications.

Mr. Nowak has over ten years of experience in equity research, covering real estate and diversified industries, as well as prior experience in asset management and investment banking. Prior to joining Tricon in 2015, he was most recently Managing Director, Research at AltaCorp Capital.

Mr. Nowak holds an Honours Business Administration degree from the Richard Ivey School of Business at the University of Western Ontario, where he was a Dean’s List graduate. He also holds a Chartered Financial Analyst designation.

Julie Burdick is responsible for providing strategic oversight and day-to-day investment management for Tricon’s U.S. Multi-family Rental business, as well as managing existing investments in the western U.S. for the Company’s residential development business. Ms. Burdick also sources and underwrites new multi-family and for-sale housing opportunities in the U.S.

Prior to joining Tricon in 2018, Ms. Burdick was Vice President, Multi-family Investments with Shorenstein Properties, overseeing the planning and development of apartment buildings in Northern California and New York. Before this, Ms. Burdick worked on investment sales in Eastdil Secured’s San Francisco office and was an acquisitions and asset management associate with Crow Holdings in Dallas, where her portfolio included multi-family assets and master planned communities.

Ms. Burdick holds a Bachelor of Business Administration degree from Southern Methodist University in Dallas, Texas.

Rick Timmins manages strategic growth initiatives for Tricon’s U.S. Multi-family and Single-family Rental businesses. In this role, he is responsible for joint venture capital raising and structuring, investment management and strategic growth planning, and maintaining key private investor relationships. In addition, Mr. Timmins is responsible for transaction sourcing and execution in the Company’s businesses across the U.S., and has played a significant role in many of Tricon’s strategic acquisitions.

Before joining Tricon, Mr. Timmins worked at Rockwood Capital where he focused on acquisitions and asset management of core-plus, value-add and opportunistic real estate strategies across a number of asset classes, including multi-family. Prior to that, he was in the investment banking group at Bank of America Merrill Lynch, advising institutional real estate clients on corporate transactions and capital markets.

Mr. Timmins graduated with honors from the University of Southern California with a Bachelor of Science degree in Business Administration and a concentration in finance.

Alan Leela is responsible for providing strategic oversight and day-to-day investment management for Tricon’s Canadian Multi-family Rental business, including sourcing new investment opportunities, acquisition execution and capital raising. Mr. Leela also manages a portfolio of for-sale development assets across Canada and Houston.

Prior to joining Tricon in 2012, Mr. Leela worked in the investment banking division at Credit Suisse in Los Angeles and Toronto.

Mr. Leela holds an Honours Bachelor of Arts from the Richard Ivey School of Business where he graduated with Distinction.

Thomas Fichman is responsible for sourcing, evaluating, and managing investments in Tricon’s U.S. residential development business. Mr. Fichman has also been involved in the execution of a number of Tricon’s major strategic initiatives and transactions in its Single-Family Rental, U.S. Multi-Family Rental, and U.S. residential development businesses.

Prior to joining Tricon in 2014, Mr. Fichman worked at BMO Capital Markets in the real estate investment banking group, where he was involved in the execution of public and private acquisitions, dispositions, and capital raises in both Canada and the U.S.

Mr. Fichman holds a Bachelor of Science degree from The University of Western Ontario, where he graduated on the Dean’s Honor List.

Sandra Pereira is responsible for the Company’s global tax function, including strategy, planning, reporting, governance and compliance tax matters. Ms. Pereira has over 20 years of experience in international tax, structured transactions, capital markets, derivative products, acquisitions and divestitures.

Prior to joining Tricon in 2014, Ms. Pereira was a Tax Partner at the Toronto office of Deloitte Canada where she led the post-merger integration practice in Canada. She was responsible for advising global clients on operational tax issues, such as improving tax governance, transforming the tax function and optimizing the tax benefits of business synergies arising from strategic acquisitions. Ms. Pereira was previously a Tax Director at GE Capital Canada and, over her 15 years at GE, led numerous acquisitions and corporate initiatives in the real estate, private equity and asset management sectors. She is currently the Chair of the Taxation Committee Policy Forum of the Finance Executive Institute of Canada.

Ms. Pereira has a CPA, CA designation and holds a Bachelor of Commerce degree from the University of Toronto (gold medalist). She is a graduate of the University of Toronto, Rotman School of Management Executive Leadership Program, and has completed numerous leadership development programs at GE’s John F. Welch Leadership Development Center in New York. She was also an Adjunct Professor at the University of Toronto Masters of Tax program.

David Mark is responsible for the Company’s corporate and project-level financing in the U.S. and Canada, including managing the origination, structuring, and execution of debt solutions.

Mr. Mark has broad experience in the commercial real estate sector, with extensive leadership in real estate lending. Most recently he served as Chief Risk Officer at GE Capital Real Estate in Canada and was responsible for vetting, approving, and negotiating debt and equity real estate transactions. While at GE Capital, Mr. Mark also served as a Trustee and Investment Sub-Committee member of the Canadian GE Pension Fund. Prior to joining GE Capital in 2002, he was an appraiser and consultant for Arthur Andersen in New York City, as well as at Richard Ellis and Royal LePage in Toronto.

Mr. Mark holds an Honours Business Administration degree from the Richard Ivey School of Business at the University of Western Ontario. He also holds the AACI, MAI and MRICS professional appraisal designations.

Gina McMullan is responsible for overseeing all aspects of corporate accounting and overall quality of financial reporting. This includes regulatory public reporting, such as Management Discussion and Analysis and various aspects of private reporting. She is also responsible for leading technical research and providing a sound accounting approach to all complex transactions.

Prior to joining Tricon in 2016, Ms. McMullan was a senior member of the PwC LLP assurance practice, where she spent over 10 years servicing a variety of companies in real estate, retail, media and technology sectors. She has an in-depth understanding of IFRS and U.S. GAAP, as well as extensive experience with mergers and acquisition accounting. Previously, she studied hotel management and worked in three of the world’s premier properties, including The Plaza Hotel in New York, The Shilla in Seoul and The Prince Hotel in Tokyo, where she learned the true meaning of customer service excellence that can be deployed in the current business setting.

Ms. McMullan has a CPA, CA designation and attended business school at Rutgers University in the U.S. and holds a Bachelor of Commerce degree in accounting from Ryerson University in Canada.

Gary Berman is responsible for Tricon’s overall operations, including strategic planning, investment decisions, capital commitments, relationship management and private fundraising. Since joining Tricon in 2002, Mr. Berman has helped transform Tricon from a private provider of equity and mezzanine capital to the for-sale housing industry to a publicly-listed company focused on rental housing. Under his leadership, Tricon has established itself as a diversified residential company with a growing portfolio of single-family rental homes, multi-family properties, development projects, and build-to-rent communities. Mr. Berman is a member of the Company’s Board of Directors as well as its Investment Committee and Executive Committee.

Mr. Berman is a Trustee of the Urban Land Institute, a member of the University of Toronto Real Estate Advisory Committee, and a Governor of the Corporation of Massey Hall and Roy Thomson Hall, where he also serves on the Massey Hall Revitalization Committee. He is the co-founder of the Pug Awards, an online awards and education-based charity that, for a decade, helped to increase architectural awareness and elevate planning and design standards in Toronto.

Mr. Berman holds a Master of Business Administration degree from Harvard Business School, where he was designated a Baker Scholar, and a Bachelor of Commerce degree from McGill University, where he graduated first overall in the Faculty of Management.

Wissam Francis oversees all aspects of Tricon’s financial management including financial reporting and analysis, treasury, capital market strategies, investor relations, internal audit and tax function.

Mr. Francis has extensive experience in financial reporting, capital markets, mergers and acquisitions, corporate finance and strategy formulation. He has over 15 years of experience in real estate and has been actively involved in a variety of projects and sectors, including residential, retail, industrial, office, mixed-use and development.

Before joining Tricon in 2014, Mr. Francis was a senior member of Ernst & Young’s Transaction Real Estate advisory practice. Prior to that, he was the Director of Finance and Acquisitions at First Capital Realty. Mr. Francis has a CPA, CMA designation and holds a Master of Business Administration degree from Wilfrid Laurier University, a Master of Arts degree in Economics from the University of Waterloo, a Bachelor of Arts degree in Finance and an Honours Degree in Economics from the University of Western Ontario.

David Berman has been involved in all phases of Tricon’s development since co-founding the Company in 1988. He served as the Company’s Chairman and Chief Executive Officer until March 2015 and has since transitioned into the role of Executive Chairman. Mr. Berman is a member of Tricon’s Executive Committee and Chair of its Investment Committee. He has close to 50 years of experience in the real estate industry in the United States, Canada, and abroad.

Mr. Berman began his career in North America in 1978 at what is now Citibank Canada, where he was Vice President for real estate lending. In 1982, he joined First City Development Corporation as Vice President, focusing on real estate acquisitions and equity lending. Prior to co-founding Tricon, Mr. Berman acted as Executive Vice President for Lakeview Estates Limited, where he was responsible for land development and single-family homebuilding.

Mr. Berman currently serves as a board member for the Royal Conservatory of Music in Toronto. At the end of 2019, he stepped down from the Real Estate Advisory Board for the University of Toronto, where he had served for many years. He previously held a similar position at the Fisher Center at the University of California at Berkeley.

Mr. Berman holds a Master of Business Administration degree, graduating with High Distinction, and a Bachelor of Science degree from the University of the Witwatersrand in Johannesburg, South Africa.

Geoff Matus co-founded Tricon in 1988 and continues to provide consulting services to the Company. He is a member of the Board of Directors, chairs the Executive Committee and is a member of Tricon’s Investment Committee.

Mr. Matus is the Chair and co-founder of Cidel Bank of Canada, an international financial services group. He is the Chair of The Team Companies, an employer of record payroll provider for the advertising and entertainment industries. He is a past member of the board of Mount Sinai Hospital (where he currently serves on the Research Advisory Committee), the board of Governing Council of the University of Toronto (where he currently chairs the Pension and Endowment Investment Advisory Committee and the Real Estate Committee) and the Canadian Opera Company. He is a director of the MaRS Discovery District (where he is Chair of the Real Estate Committee) and an honorary director and past Chair of the board of directors of the Baycrest Centre for Geriatric Care. He is the honorary Chair of the Hospital for Sick Kids / Nelson Mandela Children’s Hospital Project. Mr. Matus has founded several other companies and remains a director of some of them.

In 2005, Mr. Matus received the Jewish Federation award for outstanding service to his community. In 2010 he received the Arbor Award for outstanding service to the University of Toronto and, in 2011, was honoured as a “Man of Distinction” by the Israel Cancer Research Fund.

Mr. Matus holds Bachelor of Commerce and Law degrees from the University of the Witwatersrand in Johannesburg, South Africa, and received a Master of Laws degree from Columbia University in New York. In 2018 the University of Toronto conferred on Mr. Matus an honorary Doctor of Laws degree.

Saul Shulman has been a Member of Tricon’s Investment Committee since the formation of the Company in 1988. Mr. Shulman also served as a Director of Tricon from its formation until May 2010.

Mr. Shulman was formerly a senior partner at Goodman and Carr LLP for almost 40 years, and has extensive legal experience in evaluating and structuring real estate transactions in North American and international markets. He is currently the Chief Executive Officer of MLG Management Inc., and a director, member of the audit committee, and chair of the governance committee of Acadian Timber Corp. His previous directorships and trusteeships include: Brookfield Renewable Power Inc., Brookfield Renewable Power Trust, Brookfield Asset Management, Brookfield Office Properties Inc., Summit Real Estate Investment Trust, Summit Industrial Income REIT, Trizec Corporation Ltd., Edper Investments, JDS Investments Limited and Triumph Energy, as well as a number of private companies.

Mr. Shulman holds a Bachelor of Commerce degree from the University of Windsor. He graduated from Osgoode Hall Law School in Toronto, and was called to the Ontario Bar in 1965. Mr. Shulman was appointed as Queen’s Counsel in 1984.

Jonathan Ellenzweig is responsible for the strategic oversight of Tricon’s rental housing and residential development platforms. In this role, Mr. Ellenzweig helps design and implement investment strategy, manages senior relationships with key stakeholders, sources new opportunities and oversees dedicated teams responsible for business plan execution and asset management. In addition, Mr. Ellenzweig is a member of Tricon’s Investment Committee and manages Tricon’s San Francisco office.

Since joining Tricon in 2005, Mr. Ellenzweig has been an integral part of many of the Company’s defining strategic initiatives, including Tricon’s IPO in 2010, the launch of Tricon American Homes in 2012, and the Company’s entry into U.S. Multi-family Rental in 2019. Prior to joining Tricon, Mr. Ellenzweig worked in investment banking in New York and Toronto for Citigroup Global Markets, where he was a member of the coverage and transaction execution teams for financial services and media / telecom companies.

Mr. Ellenzweig holds an Honours Bachelor of Commerce degree and was awarded First Class Honours from Queen’s University. He currently serves as a member of the Policy Advisory Board for the Fisher Center for Real Estate and Urban Economics at the University of California, Berkeley, is a member of the leadership team for the Residential Neighborhood Development Council of the Urban Land Institute, and serves on the Board of Directors of the Lark Theater, a non-profit single-screen art house cinema in Marin County, California.

Kevin Baldridge is responsible for the operational oversight of Tricon’s Single-family rental (SFR) and US and Canadian Multi-family rental businesses and is a key partner in establishing the strategic direction of the business.

In his role, Mr. Baldridge leads the Company’s organic SFR acquisitions and renovations and daily operating activities, as well as the company’s Marketing, Innovation and IT initiatives.

Before joining Tricon in May 2015, Mr. Baldridge served as President of Irvine Company Apartment Communities, overseeing all property operations, asset management, and acquisitions. Prior to his time with the Irvine Company, Mr. Baldridge served as SVP for General Investment and Development in Boston.

Mr. Baldridge is the President and a Board member of the National Rental Housing Council. He also serves as an advisory board member to Zillow. He and his wife founded and run Hope in Motion International, a charity which provides medical assistance to orphanages and villages in Latin America. He also held board positions on the National Multifamily Housing Council, the California Apartment Association, Serving People in Need and JSerra High School.

Mr. Baldridge holds a degree in Economics from the University of California, Los Angeles (UCLA) and a Masters of Science in Finance and Accounting from the London School of Economics (LSE).

Ms. Suski is responsible for overseeing the Human Resources function for Tricon. She serves as a strategic business advisor to the executive team and departmental heads in regard to key business and management issues, leading organizational strategy, promoting operational effectiveness, and elevating team performance through innovative leadership.

With the Company’s ambitious growth plans, Ms. Suski is highly focused on the acquisition and development of caring and talented employees – as they are the foundation and future leaders of the Company.

Ms. Suski brings to Tricon more than 20 years of experience at building, inspiring and retaining high performance teams. She has led human resource and administrative functions for large multi-national organizations and numerous venture-backed start-ups, in the high-tech and big data space. She holds a Master’s Degree from California State University Long Beach and a Bachelor of Science Degree from University of California, Irvine, graduating both Phi Beta Kappa and Cum Laude. Ms. Suski is an official member of the invitation-only Forbes Human Resources Council, and is regularly published by Forbes.

David Veneziano is responsible for overseeing all legal affairs and governance matters relating to Tricon in furthering the Company’s operational and strategic objectives. Mr. Veneziano has been Tricon’s General Counsel since 2014, providing advice on all aspects of the Company’s operations, investments, corporate structuring and finance, compliance and corporate governance. He is also Tricon’s Corporate Secretary and its Chief Compliance Officer.

Before joining Tricon in 2014, Mr. Veneziano served as Vice President and General Counsel of Leisureworld Senior Care Corporation (now Sienna Senior Living), where he was responsible for all legal and governance matters relating to the Company. Prior to Leisureworld, Mr. Veneziano practiced law at Goodmans LLP, where he advised a wide array of public and private enterprises in matters relating to tax, mergers and acquisitions, corporate finance, compliance and restructuring.

Mr. Veneziano is a graduate of the University of Toronto Law School and holds a Bachelor of Science (Honours) degree in Human Biology and Bioethics from the University of Toronto, where he graduated with High Distinction.

Douglas Quesnel is responsible for all aspects of Tricon’s financial management, including external public reporting, private funds and advisory reporting, and investment fund administration.

Prior to joining Tricon in 2014, Mr. Quesnel served in senior executive roles with Dream Unlimited, including Chief Accounting Officer and Chief Financial Officer of Dream Global REIT, and Chief Financial Officer of Dream Unlimited Corp., where he was responsible for business planning and analysis, investor relations, financial reporting, debt and equity financing and tax planning.

Mr. Quesnel has a CPA, CA designation and holds a Graduate Diploma in Public Accountancy from McGill University and a Bachelor of Commerce degree from Concordia University.

Andy Carmody serves as co-head of Tricon’s U.S. residential development business, including build-to-rent community development. In this role, Mr. Carmody designs and implements strategy, manages senior relationships with key stakeholders, sources investment opportunities, and oversees the investment team responsible for business plan execution and asset management. He is also responsible for overseeing Tricon’s master planned community development platform operated through the Johnson Companies LP.

Mr. Carmody has extensive experience in the acquisition, planning, development and asset management of large-scale master planned and mixed-use communities. He has over 20 years of diverse experience in real estate, business strategy, new business development, product development, marketing, manufacturing and operations across a wide range of industries.

Before joining Tricon in 2017, Mr. Carmody was President, Residential at Crescent Communities where he led all aspects of business strategy, acquisitions, entitlements, planning & design, development & construction, asset management and operations across a portfolio of 18 master-planned communities. Prior to that, Mr. Carmody was Senior Vice President at Kitson & Partners responsible for investment strategy, land acquisition and early-stage investment management for an institutionally-backed real estate investment platform. He has also held roles as a Director of Strategic and Operational Marketing at Centex Homes and as an Engagement Manager at McKinsey & Company, a global management consulting firm. Mr. Carmody has significant technical experience in a variety of engineering roles, including prior work as an Engineering Specialist at The Boeing Company and Plant Manager at Amerigon, Inc.

Mr. Carmody holds a Master of Business Administration degree from Harvard Business School and a Bachelor of Engineering degree from the University of Michigan. He is currently a member of the Community Development Council of the Urban Land Institute.

Andrew Joyner heads Tricon’s Canadian Multi-family Rental business. Mr. Joyner is responsible for all aspects of day-to-day platform activities, including setting strategic direction and sourcing investment opportunities, as well as overseeing dedicated teams responsible for business plan execution: development and construction, asset management and operations. In addition, Mr. Joyner manages senior relationships with joint-venture partners.

Prior to joining Tricon in 2016, Mr. Joyner worked at CPP Investment Board (CPPIB) in Toronto, with a focus on real estate investments throughout North America. Before this, Mr. Joyner worked at Hines in London, U.K, where he was responsible for property acquisitions in Western Europe, and worked in investment banking at Goldman Sachs in New York.

Mr. Joyner holds a Master of Business Administration degree from Columbia University, an undergraduate degree in Economics from Queen’s University, from both of which he graduated with Distinction, and is a CFA Charterholder. Mr. Joyner is a member of the Multifamily Council of the Urban Land Institute.

Andrew Gray is Tricon’s Head of Development, Canada. In his role, Andrew oversees all development and construction activities across the Greater Toronto Area and leads Tricon’s dedicated team of development professionals.

Prior to joining Tricon in 2018, Mr. Gray served as Head of Eastern Canada at Concert Properties, overseeing the development of high-rise purpose-built rental apartment and condominium projects. Before this, Mr. Gray was Vice President, Development at Waterfront Toronto, where he was responsible for Toronto’s East Bayfront redevelopment, and was a senior executive at Tribute Communities, where he developed several large-scale master planned communities in the Greater Toronto Area. Mr. Gray is a former member of the Board of Directors of the Building Industry and Land Development (BILD) Association.

Mr. Gray holds a Master of Business Administration degree from the University of Toronto, a Master of Urban and Regional Planning from Queen’s University and an undergraduate degree in Urban Geography & Economics from the University of Toronto.

Evelyne Dubé’s role at Tricon is focused on business development and private capital fundraising.

Prior to joining the Company, Ms. Dubé spent 15 years in London, UK, where she held senior business development positions at private equity real estate managers Forum Global Partners, Apollo Management/Citi Property Investors, and Curzon Global Partners/AEW Europe. She also previously held corporate finance advisory roles at KPMG Corporate Finance in London and Montreal. She currently serves as a board member of the Academy of St Martin in the Fields in London, UK.

Ms. Dubé holds a Master of Business Administration (MBA) from HEC-Montréal and a Bachelor of Laws (LL.B.) from Université de Montréal. She also studied at the London Business School in the UK and is a member of the Bar of Quebec, Canada.

Wojtek Nowak is responsible for managing Tricon’s corporate finance and investor relations functions, including budgeting and forecasting, management reporting and analysis and investor communications.

Mr. Nowak has over ten years of experience in equity research, covering real estate and diversified industries, as well as prior experience in asset management and investment banking. Prior to joining Tricon in 2015, he was most recently Managing Director, Research at AltaCorp Capital.

Mr. Nowak holds an Honours Business Administration degree from the Richard Ivey School of Business at the University of Western Ontario, where he was a Dean’s List graduate. He also holds a Chartered Financial Analyst designation.

Julie Burdick is responsible for providing strategic oversight and day-to-day investment management for Tricon’s U.S. Multi-family Rental business, as well as managing existing investments in the western U.S. for the Company’s residential development business. Ms. Burdick also sources and underwrites new multi-family and for-sale housing opportunities in the U.S.

Prior to joining Tricon in 2018, Ms. Burdick was Vice President, Multi-family Investments with Shorenstein Properties, overseeing the planning and development of apartment buildings in Northern California and New York. Before this, Ms. Burdick worked on investment sales in Eastdil Secured’s San Francisco office and was an acquisitions and asset management associate with Crow Holdings in Dallas, where her portfolio included multi-family assets and master planned communities.

Ms. Burdick holds a Bachelor of Business Administration degree from Southern Methodist University in Dallas, Texas.

Rick Timmins manages strategic growth initiatives for Tricon’s U.S. Multi-family and Single-family Rental businesses. In this role, he is responsible for joint venture capital raising and structuring, investment management and strategic growth planning, and maintaining key private investor relationships. In addition, Mr. Timmins is responsible for transaction sourcing and execution in the Company’s businesses across the U.S., and has played a significant role in many of Tricon’s strategic acquisitions.

Before joining Tricon, Mr. Timmins worked at Rockwood Capital where he focused on acquisitions and asset management of core-plus, value-add and opportunistic real estate strategies across a number of asset classes, including multi-family. Prior to that, he was in the investment banking group at Bank of America Merrill Lynch, advising institutional real estate clients on corporate transactions and capital markets.

Mr. Timmins graduated with honors from the University of Southern California with a Bachelor of Science degree in Business Administration and a concentration in finance.

Alan Leela is responsible for providing strategic oversight and day-to-day investment management for Tricon’s Canadian Multi-family Rental business, including sourcing new investment opportunities, acquisition execution and capital raising. Mr. Leela also manages a portfolio of for-sale development assets across Canada and Houston.

Prior to joining Tricon in 2012, Mr. Leela worked in the investment banking division at Credit Suisse in Los Angeles and Toronto.

Mr. Leela holds an Honours Bachelor of Arts from the Richard Ivey School of Business where he graduated with Distinction.

Thomas Fichman is responsible for sourcing, evaluating, and managing investments in Tricon’s U.S. residential development business. Mr. Fichman has also been involved in the execution of a number of Tricon’s major strategic initiatives and transactions in its Single-Family Rental, U.S. Multi-Family Rental, and U.S. residential development businesses.

Prior to joining Tricon in 2014, Mr. Fichman worked at BMO Capital Markets in the real estate investment banking group, where he was involved in the execution of public and private acquisitions, dispositions, and capital raises in both Canada and the U.S.

Mr. Fichman holds a Bachelor of Science degree from The University of Western Ontario, where he graduated on the Dean’s Honor List.

Sandra Pereira is responsible for the Company’s global tax function, including strategy, planning, reporting, governance and compliance tax matters. Ms. Pereira has over 20 years of experience in international tax, structured transactions, capital markets, derivative products, acquisitions and divestitures.

Prior to joining Tricon in 2014, Ms. Pereira was a Tax Partner at the Toronto office of Deloitte Canada where she led the post-merger integration practice in Canada. She was responsible for advising global clients on operational tax issues, such as improving tax governance, transforming the tax function and optimizing the tax benefits of business synergies arising from strategic acquisitions. Ms. Pereira was previously a Tax Director at GE Capital Canada and, over her 15 years at GE, led numerous acquisitions and corporate initiatives in the real estate, private equity and asset management sectors. She is currently the Chair of the Taxation Committee Policy Forum of the Finance Executive Institute of Canada.

Ms. Pereira has a CPA, CA designation and holds a Bachelor of Commerce degree from the University of Toronto (gold medalist). She is a graduate of the University of Toronto, Rotman School of Management Executive Leadership Program, and has completed numerous leadership development programs at GE’s John F. Welch Leadership Development Center in New York. She was also an Adjunct Professor at the University of Toronto Masters of Tax program.

David Mark is responsible for the Company’s corporate and project-level financing in the U.S. and Canada, including managing the origination, structuring, and execution of debt solutions.

Mr. Mark has broad experience in the commercial real estate sector, with extensive leadership in real estate lending. Most recently he served as Chief Risk Officer at GE Capital Real Estate in Canada and was responsible for vetting, approving, and negotiating debt and equity real estate transactions. While at GE Capital, Mr. Mark also served as a Trustee and Investment Sub-Committee member of the Canadian GE Pension Fund. Prior to joining GE Capital in 2002, he was an appraiser and consultant for Arthur Andersen in New York City, as well as at Richard Ellis and Royal LePage in Toronto.

Mr. Mark holds an Honours Business Administration degree from the Richard Ivey School of Business at the University of Western Ontario. He also holds the AACI, MAI and MRICS professional appraisal designations.

Gina McMullan is responsible for overseeing all aspects of corporate accounting and overall quality of financial reporting. This includes regulatory public reporting, such as Management Discussion and Analysis and various aspects of private reporting. She is also responsible for leading technical research and providing a sound accounting approach to all complex transactions.

Prior to joining Tricon in 2016, Ms. McMullan was a senior member of the PwC LLP assurance practice, where she spent over 10 years servicing a variety of companies in real estate, retail, media and technology sectors. She has an in-depth understanding of IFRS and U.S. GAAP, as well as extensive experience with mergers and acquisition accounting. Previously, she studied hotel management and worked in three of the world’s premier properties, including The Plaza Hotel in New York, The Shilla in Seoul and The Prince Hotel in Tokyo, where she learned the true meaning of customer service excellence that can be deployed in the current business setting.

Ms. McMullan has a CPA, CA designation and attended business school at Rutgers University in the U.S. and holds a Bachelor of Commerce degree in accounting from Ryerson University in Canada.

Siân Matthews is a corporate director. Until 2009, she was a partner and head of the Private Services Group at Bennett Jones LLP and began her legal career at Macleod Dixon LLP in Calgary.

Ms. Matthews is also a director of Cidel Bank Canada, a director of The Calgary Foundation, a director of the Southern Alberta Opera Association, a past director and Chair of the Governance Committee of the Calgary Municipal Lands Corporation, a past director and Chair of the Governance Committee of the Heritage Park Society and a past director of the Calgary Opera Association. She is also a director of several private corporations.

Ms. Matthews is the past Chairperson of Canada Post Corporation, where she had also been the Chair of the Strategic Initiatives Oversight Committee, the Chair of the Corporate Social Responsibility and Environmental Risks Committee and a member of the Audit Committee, Governance Committee, Human Resources Committee and Pension Committee.

Ms. Matthews has nationally-recognized legal expertise in the areas of taxation and governance and has been distinguished by her peers by inclusion on the Best Lawyers in Canada and the Lexpert Leading Practitioners lists. She is a member of the Law Society of Alberta, holds a Bachelor of Arts degree from the University of Waterloo, a Juris Doctor degree from the University of Ottawa, and an ICD.D designation.

Michael Knowlton retired from Dundee Realty Corporation in 2011, where he held the position of President and COO of Dundee Real Estate Investment Trust. He joined Dundee Realty in 1998, holding various positions with Dundee Realty and Dundee Real Estate Investment Trust including Executive Vice President and COO, Executive Vice President and CFO and Managing Director of Limited Partnerships, before becoming President of the REIT in 2006. Prior to that, he worked at OMERS Realty Corp. from 1990 until 1998 as Senior Vice President and CFO.

Mr. Knowlton is a trustee and chair of Crombie Real Estate Investment Trust (TSX: CRR.UN) and a trustee and member of the audit committee and governance committee of Dream Industrial Real Estate Investment Trust (TSX: DIR.UN). He is a former member of the boards of trustees of Dream Global Real Estate Investment Trust, True North Apartment Real Estate Investment Trust and Northwest Healthcare Properties Real Estate Investment Trust.

Mr. Knowlton holds Bachelor of Science (Engineering) and Master of Business Administration degrees from Queen’s University in Kingston, Ontario. He is a Chartered Accountant and holds an ICD.D designation.

Peter Sacks (B.Comm., CA) retired as the founding partner of Cidel Asset Management Inc., now part of Cidel – a Canadian Private Bank. His experience in Wealth Management followed an extensive career in banking where he held executive positions in Treasury Management with CIBC, Chase Manhattan Bank Canada and Midland Bank Canada.

Mr. Sacks remains an independent director/trustee of several U.S. publicly traded closed-end and open-end funds managed by Standard Life Aberdeen PLC. Past directorships include Kinross Mortgage Corporation Ltd., CIBC Trust Company Ltd., CIBC Limited, and Horizons BetaPro ETFs. He also served on the Investment Advisory Committee of the Ontario Public Guardian & Trustee and was Chair of the Independent Review Committee of Children’s Education Funds Inc. His community service has included directorships in Young People’s Theatre, Childhood Now and TSCC 1849.

Ira Gluskin is the Chief Investment Officer of Irager + Associates Inc., a family office overseeing strategy and investments. Mr. Gluskin is the co-founder of Gluskin Sheff + Associates Inc., one of Canada’s pre-eminent wealth management firms. He served as the firm’s President and Chief Investment Officer through December 31, 2009, and as a Director and the firm’s Vice-Chairman through December 18, 2013. Before co-founding Gluskin Sheff, Mr. Gluskin was a highly ranked real estate securities analyst at a leading Canadian investment dealer.

Mr. Gluskin serves on the Board of Directors of European Residential Real Estate Investment Trust (TSX-V: ERE.UN) and he is a member of the Advisory Boards of Vision Capital Corporation, Ewing Morris & Co. Investment Partners Ltd. and the University of Toronto’s Real Estate Advisory Committee. He is also on the the University of Toronto’s Boundless Campaign Executive Committee, the Sinai Health System’s Board of Directors and Investment Committee and the Boards of the Canadian Jewish News, The Walrus Magazine, Capitalize for Kids and the National Theatre School of Canada.

Mr. Gluskin is also the former Chair of the University of Toronto Asset Management Corporation and the former Chair of the Investment Advisory Committee for the Jewish Foundation of Greater Toronto and is currently a member of its Investment Committee. He holds a Bachelor of Commerce degree from the University of Toronto. In 2019, he received an Honorary Doctorate of Laws degree from Wilfrid Laurier University.

Camille Douglas is a senior executive in the real estate industry with over 30 years’ experience in real estate development and finance, executing real estate transactions and financial strategy. Her work has included corporate and project-based acquisitions, dispositions and financing, including pioneering work on commercial mortgage backed securities and cross border equity investment.

Ms. Douglas is currently a Senior Managing Director, Acquisitions and Capital Markets, at LeFrak, a real estate investment and development company. Since joining the firm in January 2010, she has been responsible for strategic real estate acquisition and development initiatives.

Ms. Douglas also serves on the Board of Trustees of Starwood Property Trust (NYSE: STWD), where she is a member of the Audit Committee and is also a member of the Real Estate Advisory Committee of the New York State Common Retirement Fund. In addition, she has been an Adjunct Professor in Finance and Economics at Columbia Business School since 2004. She received her Master of Urban Planning degree from Harvard University Graduate School of Design and also holds a Bachelor of Arts degree from Smith College.

Tracy Sherren joined Starlight Group Property Holdings Inc. (“Starlight”), a real estate and investment company, in October 2012 as the Chief Financial Officer of True North Commercial REIT (TSX: TNT.UN) and became Chief Financial Officer of Starlight in May 2016 and Group Head, Commercial in October 2017. Prior to joining Starlight, Tracy was the Chief Financial Officer of Pacrim Hospitality Services Inc. from January 2005 to September 2012 and the Chief Financial Officer of Holloway Lodging Corp. from its inception in 2005 until July 2011. While at Holloway, she was responsible for construction and long-term financing of commercial properties, operations management, financial reporting, investor relations and corporate tax planning.

With over 25 years of experience, Ms. Sherren has participated in over $1 billion of financings and led asset management teams, acquisition due diligence, real estate development and has extensive experience in transaction structuring and risk management. Ms. Sherren is a Chartered Accountant and obtained her Bachelor of Business Administration from Acadia University.

Frank Cohen is a Senior Managing Director at Blackstone, a leading global investment firm. He joined the firm in 1996. In his capacity as a Senior Managing Director, he is the Global Head of Core+ Real Estate and the Chairman and CEO of Blackstone Real Estate Income Trust. During his career with the firm, he has been involved in well over $100 billion of real estate transactions.

He serves as a director for several Blackstone affiliated companies, including Blackstone Real Estate Income Trust and EQ Office and was formerly a director of Hudson Pacific Properties (NYSE: HPP). He is also active in several industry and civic organizations, as a Trustee of the Urban Land Institute, on the NAREIT Advisory Board of Governors, on the Board of the Regional Plan Association and on the Board of Visitors of the Weinberg College of Arts and Sciences at Northwestern University.

Mr. Cohen received a BA from Northwestern University, where he graduated from the Honors Program in Mathematical Methods in the Social Sciences, with a double major in political science.

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Governance

At Tricon, we believe sound corporate governance practices are imperative to achieve our strategic and operational goals. This section provides information pertaining to our Board governance framework and policies. We strive to attain the highest standards of corporate governance and adopt industry best practices that guide our decisions and behaviour.

David Berman has been involved in all phases of Tricon’s development since co-founding the Company in 1988. He served as the Company’s Chairman and Chief Executive Officer until March 2015 and has since transitioned into the role of Executive Chairman. Mr. Berman is a member of Tricon’s Executive Committee and Chair of its Investment Committee. He has close to 50 years of experience in the real estate industry in the United States, Canada, and abroad.

Mr. Berman began his career in North America in 1978 at what is now Citibank Canada, where he was Vice President for real estate lending. In 1982, he joined First City Development Corporation as Vice President, focusing on real estate acquisitions and equity lending. Prior to co-founding Tricon, Mr. Berman acted as Executive Vice President for Lakeview Estates Limited, where he was responsible for land development and single-family homebuilding.

Mr. Berman currently serves as a board member for the Royal Conservatory of Music in Toronto. At the end of 2019, he stepped down from the Real Estate Advisory Board for the University of Toronto, where he had served for many years. He previously held a similar position at the Fisher Center at the University of California at Berkeley.

Mr. Berman holds a Master of Business Administration degree, graduating with High Distinction, and a Bachelor of Science degree from the University of the Witwatersrand in Johannesburg, South Africa.

Gary Berman is responsible for Tricon’s overall operations, including strategic planning, investment decisions, capital commitments, relationship management and private fundraising. Since joining Tricon in 2002, Mr. Berman has helped transform Tricon from a private provider of equity and mezzanine capital to the for-sale housing industry to a publicly-listed company focused on rental housing. Under his leadership, Tricon has established itself as a diversified residential company with a growing portfolio of single-family rental homes, multi-family properties, development projects, and build-to-rent communities. Mr. Berman is a member of the Company’s Board of Directors as well as its Investment Committee and Executive Committee.

Mr. Berman is a Trustee of the Urban Land Institute, a member of the University of Toronto Real Estate Advisory Committee, and a Governor of the Corporation of Massey Hall and Roy Thomson Hall, where he also serves on the Massey Hall Revitalization Committee. He is the co-founder of the Pug Awards, an online awards and education-based charity that, for a decade, helped to increase architectural awareness and elevate planning and design standards in Toronto.

Mr. Berman holds a Master of Business Administration degree from Harvard Business School, where he was designated a Baker Scholar, and a Bachelor of Commerce degree from McGill University, where he graduated first overall in the Faculty of Management.

Camille Douglas is a senior executive in the real estate industry with over 30 years’ experience in real estate development and finance, executing real estate transactions and financial strategy. Her work has included corporate and project-based acquisitions, dispositions and financing, including pioneering work on commercial mortgage backed securities and cross border equity investment.

Ms. Douglas is currently a Senior Managing Director, Acquisitions and Capital Markets, at LeFrak, a real estate investment and development company. Since joining the firm in January 2010, she has been responsible for strategic real estate acquisition and development initiatives.

Ms. Douglas also serves on the Board of Trustees of Starwood Property Trust (NYSE: STWD), where she is a member of the Audit Committee and is also a member of the Real Estate Advisory Committee of the New York State Common Retirement Fund. In addition, she has been an Adjunct Professor in Finance and Economics at Columbia Business School since 2004. She received her Master of Urban Planning degree from Harvard University Graduate School of Design and also holds a Bachelor of Arts degree from Smith College.

Ira Gluskin is the Chief Investment Officer of Irager + Associates Inc., a family office overseeing strategy and investments. Mr. Gluskin is the co-founder of Gluskin Sheff + Associates Inc., one of Canada’s pre-eminent wealth management firms. He served as the firm’s President and Chief Investment Officer through December 31, 2009, and as a Director and the firm’s Vice-Chairman through December 18, 2013. Before co-founding Gluskin Sheff, Mr. Gluskin was a highly ranked real estate securities analyst at a leading Canadian investment dealer.

Mr. Gluskin serves on the Board of Directors of European Residential Real Estate Investment Trust (TSX-V: ERE.UN) and he is a member of the Advisory Boards of Vision Capital Corporation, Ewing Morris & Co. Investment Partners Ltd. and the University of Toronto’s Real Estate Advisory Committee. He is also on the the University of Toronto’s Boundless Campaign Executive Committee, the Sinai Health System’s Board of Directors and Investment Committee and the Boards of the Canadian Jewish News, The Walrus Magazine, Capitalize for Kids and the National Theatre School of Canada.

Mr. Gluskin is also the former Chair of the University of Toronto Asset Management Corporation and the former Chair of the Investment Advisory Committee for the Jewish Foundation of Greater Toronto and is currently a member of its Investment Committee. He holds a Bachelor of Commerce degree from the University of Toronto. In 2019, he received an Honorary Doctorate of Laws degree from Wilfrid Laurier University.

Michael Knowlton retired from Dundee Realty Corporation in 2011, where he held the position of President and COO of Dundee Real Estate Investment Trust. He joined Dundee Realty in 1998, holding various positions with Dundee Realty and Dundee Real Estate Investment Trust including Executive Vice President and COO, Executive Vice President and CFO and Managing Director of Limited Partnerships, before becoming President of the REIT in 2006. Prior to that, he worked at OMERS Realty Corp. from 1990 until 1998 as Senior Vice President and CFO.

Mr. Knowlton is a trustee and chair of Crombie Real Estate Investment Trust (TSX: CRR.UN) and a trustee and member of the audit committee and governance committee of Dream Industrial Real Estate Investment Trust (TSX: DIR.UN). He is a former member of the boards of trustees of Dream Global Real Estate Investment Trust, True North Apartment Real Estate Investment Trust and Northwest Healthcare Properties Real Estate Investment Trust.

Mr. Knowlton holds Bachelor of Science (Engineering) and Master of Business Administration degrees from Queen’s University in Kingston, Ontario. He is a Chartered Accountant and holds an ICD.D designation.

Siân Matthews is a corporate director. Until 2009, she was a partner and head of the Private Services Group at Bennett Jones LLP and began her legal career at Macleod Dixon LLP in Calgary.

Ms. Matthews is also a director of Cidel Bank Canada, a director of The Calgary Foundation, a director of the Southern Alberta Opera Association, a past director and Chair of the Governance Committee of the Calgary Municipal Lands Corporation, a past director and Chair of the Governance Committee of the Heritage Park Society and a past director of the Calgary Opera Association. She is also a director of several private corporations.

Ms. Matthews is the past Chairperson of Canada Post Corporation, where she had also been the Chair of the Strategic Initiatives Oversight Committee, the Chair of the Corporate Social Responsibility and Environmental Risks Committee and a member of the Audit Committee, Governance Committee, Human Resources Committee and Pension Committee.

Ms. Matthews has nationally-recognized legal expertise in the areas of taxation and governance and has been distinguished by her peers by inclusion on the Best Lawyers in Canada and the Lexpert Leading Practitioners lists. She is a member of the Law Society of Alberta, holds a Bachelor of Arts degree from the University of Waterloo, a Juris Doctor degree from the University of Ottawa, and an ICD.D designation.

Geoff Matus co-founded Tricon in 1988 and continues to provide consulting services to the Company. He is a member of the Board of Directors, chairs the Executive Committee and is a member of Tricon’s Investment Committee.

Mr. Matus is the Chair and co-founder of Cidel Bank of Canada, an international financial services group. He is the Chair of The Team Companies, an employer of record payroll provider for the advertising and entertainment industries. He is a past member of the board of Mount Sinai Hospital (where he currently serves on the Research Advisory Committee), the board of Governing Council of the University of Toronto (where he currently chairs the Pension and Endowment Investment Advisory Committee and the Real Estate Committee) and the Canadian Opera Company. He is a director of the MaRS Discovery District (where he is Chair of the Real Estate Committee) and an honorary director and past Chair of the board of directors of the Baycrest Centre for Geriatric Care. He is the honorary Chair of the Hospital for Sick Kids / Nelson Mandela Children’s Hospital Project. Mr. Matus has founded several other companies and remains a director of some of them.

In 2005, Mr. Matus received the Jewish Federation award for outstanding service to his community. In 2010 he received the Arbor Award for outstanding service to the University of Toronto and, in 2011, was honoured as a “Man of Distinction” by the Israel Cancer Research Fund.

Mr. Matus holds Bachelor of Commerce and Law degrees from the University of the Witwatersrand in Johannesburg, South Africa, and received a Master of Laws degree from Columbia University in New York. In 2018 the University of Toronto conferred on Mr. Matus an honorary Doctor of Laws degree.

Peter Sacks (B.Comm., CA) retired as the founding partner of Cidel Asset Management Inc., now part of Cidel – a Canadian Private Bank. His experience in Wealth Management followed an extensive career in banking where he held executive positions in Treasury Management with CIBC, Chase Manhattan Bank Canada and Midland Bank Canada.

Mr. Sacks remains an independent director/trustee of several U.S. publicly traded closed-end and open-end funds managed by Standard Life Aberdeen PLC. Past directorships include Kinross Mortgage Corporation Ltd., CIBC Trust Company Ltd., CIBC Limited, and Horizons BetaPro ETFs. He also served on the Investment Advisory Committee of the Ontario Public Guardian & Trustee and was Chair of the Independent Review Committee of Children’s Education Funds Inc. His community service has included directorships in Young People’s Theatre, Childhood Now and TSCC 1849.

Tracy Sherren joined Starlight Group Property Holdings Inc. (“Starlight”), a real estate and investment company, in October 2012 as the Chief Financial Officer of True North Commercial REIT (TSX: TNT.UN) and became Chief Financial Officer of Starlight in May 2016 and Group Head, Commercial in October 2017. Prior to joining Starlight, Tracy was the Chief Financial Officer of Pacrim Hospitality Services Inc. from January 2005 to September 2012 and the Chief Financial Officer of Holloway Lodging Corp. from its inception in 2005 until July 2011. While at Holloway, she was responsible for construction and long-term financing of commercial properties, operations management, financial reporting, investor relations and corporate tax planning.

With over 25 years of experience, Ms. Sherren has participated in over $1 billion of financings and led asset management teams, acquisition due diligence, real estate development and has extensive experience in transaction structuring and risk management. Ms. Sherren is a Chartered Accountant and obtained her Bachelor of Business Administration from Acadia University.

Frank Cohen is a Senior Managing Director at Blackstone, a leading global investment firm. He joined the firm in 1996. In his capacity as a Senior Managing Director, he is the Global Head of Core+ Real Estate and the Chairman and CEO of Blackstone Real Estate Income Trust. During his career with the firm, he has been involved in well over $100 billion of real estate transactions.

He serves as a director for several Blackstone affiliated companies, including Blackstone Real Estate Income Trust and EQ Office and was formerly a director of Hudson Pacific Properties (NYSE: HPP). He is also active in several industry and civic organizations, as a Trustee of the Urban Land Institute, on the NAREIT Advisory Board of Governors, on the Board of the Regional Plan Association and on the Board of Visitors of the Weinberg College of Arts and Sciences at Northwestern University.

Mr. Cohen received a BA from Northwestern University, where he graduated from the Honors Program in Mathematical Methods in the Social Sciences, with a double major in political science.

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David Berman has been involved in all phases of Tricon’s development since co-founding the Company in 1988. He served as the Company’s Chairman and Chief Executive Officer until March 2015 and has since transitioned into the role of Executive Chairman. Mr. Berman is a member of Tricon’s Executive Committee and Chair of its Investment Committee. He has close to 50 years of experience in the real estate industry in the United States, Canada, and abroad.

Mr. Berman began his career in North America in 1978 at what is now Citibank Canada, where he was Vice President for real estate lending. In 1982, he joined First City Development Corporation as Vice President, focusing on real estate acquisitions and equity lending. Prior to co-founding Tricon, Mr. Berman acted as Executive Vice President for Lakeview Estates Limited, where he was responsible for land development and single-family homebuilding.

Mr. Berman currently serves as a board member for the Royal Conservatory of Music in Toronto. At the end of 2019, he stepped down from the Real Estate Advisory Board for the University of Toronto, where he had served for many years. He previously held a similar position at the Fisher Center at the University of California at Berkeley.

Mr. Berman holds a Master of Business Administration degree, graduating with High Distinction, and a Bachelor of Science degree from the University of the Witwatersrand in Johannesburg, South Africa.

Gary Berman is responsible for Tricon’s overall operations, including strategic planning, investment decisions, capital commitments, relationship management and private fundraising. Since joining Tricon in 2002, Mr. Berman has helped transform Tricon from a private provider of equity and mezzanine capital to the for-sale housing industry to a publicly-listed company focused on rental housing. Under his leadership, Tricon has established itself as a diversified residential company with a growing portfolio of single-family rental homes, multi-family properties, development projects, and build-to-rent communities. Mr. Berman is a member of the Company’s Board of Directors as well as its Investment Committee and Executive Committee.

Mr. Berman is a Trustee of the Urban Land Institute, a member of the University of Toronto Real Estate Advisory Committee, and a Governor of the Corporation of Massey Hall and Roy Thomson Hall, where he also serves on the Massey Hall Revitalization Committee. He is the co-founder of the Pug Awards, an online awards and education-based charity that, for a decade, helped to increase architectural awareness and elevate planning and design standards in Toronto.

Mr. Berman holds a Master of Business Administration degree from Harvard Business School, where he was designated a Baker Scholar, and a Bachelor of Commerce degree from McGill University, where he graduated first overall in the Faculty of Management.

Camille Douglas is a senior executive in the real estate industry with over 30 years’ experience in real estate development and finance, executing real estate transactions and financial strategy. Her work has included corporate and project-based acquisitions, dispositions and financing, including pioneering work on commercial mortgage backed securities and cross border equity investment.

Ms. Douglas is currently a Senior Managing Director, Acquisitions and Capital Markets, at LeFrak, a real estate investment and development company. Since joining the firm in January 2010, she has been responsible for strategic real estate acquisition and development initiatives.

Ms. Douglas also serves on the Board of Trustees of Starwood Property Trust (NYSE: STWD), where she is a member of the Audit Committee and is also a member of the Real Estate Advisory Committee of the New York State Common Retirement Fund. In addition, she has been an Adjunct Professor in Finance and Economics at Columbia Business School since 2004. She received her Master of Urban Planning degree from Harvard University Graduate School of Design and also holds a Bachelor of Arts degree from Smith College.

Ira Gluskin is the Chief Investment Officer of Irager + Associates Inc., a family office overseeing strategy and investments. Mr. Gluskin is the co-founder of Gluskin Sheff + Associates Inc., one of Canada’s pre-eminent wealth management firms. He served as the firm’s President and Chief Investment Officer through December 31, 2009, and as a Director and the firm’s Vice-Chairman through December 18, 2013. Before co-founding Gluskin Sheff, Mr. Gluskin was a highly ranked real estate securities analyst at a leading Canadian investment dealer.

Mr. Gluskin serves on the Board of Directors of European Residential Real Estate Investment Trust (TSX-V: ERE.UN) and he is a member of the Advisory Boards of Vision Capital Corporation, Ewing Morris & Co. Investment Partners Ltd. and the University of Toronto’s Real Estate Advisory Committee. He is also on the the University of Toronto’s Boundless Campaign Executive Committee, the Sinai Health System’s Board of Directors and Investment Committee and the Boards of the Canadian Jewish News, The Walrus Magazine, Capitalize for Kids and the National Theatre School of Canada.

Mr. Gluskin is also the former Chair of the University of Toronto Asset Management Corporation and the former Chair of the Investment Advisory Committee for the Jewish Foundation of Greater Toronto and is currently a member of its Investment Committee. He holds a Bachelor of Commerce degree from the University of Toronto. In 2019, he received an Honorary Doctorate of Laws degree from Wilfrid Laurier University.

Michael Knowlton retired from Dundee Realty Corporation in 2011, where he held the position of President and COO of Dundee Real Estate Investment Trust. He joined Dundee Realty in 1998, holding various positions with Dundee Realty and Dundee Real Estate Investment Trust including Executive Vice President and COO, Executive Vice President and CFO and Managing Director of Limited Partnerships, before becoming President of the REIT in 2006. Prior to that, he worked at OMERS Realty Corp. from 1990 until 1998 as Senior Vice President and CFO.

Mr. Knowlton is a trustee and chair of Crombie Real Estate Investment Trust (TSX: CRR.UN) and a trustee and member of the audit committee and governance committee of Dream Industrial Real Estate Investment Trust (TSX: DIR.UN). He is a former member of the boards of trustees of Dream Global Real Estate Investment Trust, True North Apartment Real Estate Investment Trust and Northwest Healthcare Properties Real Estate Investment Trust.

Mr. Knowlton holds Bachelor of Science (Engineering) and Master of Business Administration degrees from Queen’s University in Kingston, Ontario. He is a Chartered Accountant and holds an ICD.D designation.

Siân Matthews is a corporate director. Until 2009, she was a partner and head of the Private Services Group at Bennett Jones LLP and began her legal career at Macleod Dixon LLP in Calgary.

Ms. Matthews is also a director of Cidel Bank Canada, a director of The Calgary Foundation, a director of the Southern Alberta Opera Association, a past director and Chair of the Governance Committee of the Calgary Municipal Lands Corporation, a past director and Chair of the Governance Committee of the Heritage Park Society and a past director of the Calgary Opera Association. She is also a director of several private corporations.

Ms. Matthews is the past Chairperson of Canada Post Corporation, where she had also been the Chair of the Strategic Initiatives Oversight Committee, the Chair of the Corporate Social Responsibility and Environmental Risks Committee and a member of the Audit Committee, Governance Committee, Human Resources Committee and Pension Committee.

Ms. Matthews has nationally-recognized legal expertise in the areas of taxation and governance and has been distinguished by her peers by inclusion on the Best Lawyers in Canada and the Lexpert Leading Practitioners lists. She is a member of the Law Society of Alberta, holds a Bachelor of Arts degree from the University of Waterloo, a Juris Doctor degree from the University of Ottawa, and an ICD.D designation.

Geoff Matus co-founded Tricon in 1988 and continues to provide consulting services to the Company. He is a member of the Board of Directors, chairs the Executive Committee and is a member of Tricon’s Investment Committee.

Mr. Matus is the Chair and co-founder of Cidel Bank of Canada, an international financial services group. He is the Chair of The Team Companies, an employer of record payroll provider for the advertising and entertainment industries. He is a past member of the board of Mount Sinai Hospital (where he currently serves on the Research Advisory Committee), the board of Governing Council of the University of Toronto (where he currently chairs the Pension and Endowment Investment Advisory Committee and the Real Estate Committee) and the Canadian Opera Company. He is a director of the MaRS Discovery District (where he is Chair of the Real Estate Committee) and an honorary director and past Chair of the board of directors of the Baycrest Centre for Geriatric Care. He is the honorary Chair of the Hospital for Sick Kids / Nelson Mandela Children’s Hospital Project. Mr. Matus has founded several other companies and remains a director of some of them.

In 2005, Mr. Matus received the Jewish Federation award for outstanding service to his community. In 2010 he received the Arbor Award for outstanding service to the University of Toronto and, in 2011, was honoured as a “Man of Distinction” by the Israel Cancer Research Fund.

Mr. Matus holds Bachelor of Commerce and Law degrees from the University of the Witwatersrand in Johannesburg, South Africa, and received a Master of Laws degree from Columbia University in New York. In 2018 the University of Toronto conferred on Mr. Matus an honorary Doctor of Laws degree.

Peter Sacks (B.Comm., CA) retired as the founding partner of Cidel Asset Management Inc., now part of Cidel – a Canadian Private Bank. His experience in Wealth Management followed an extensive career in banking where he held executive positions in Treasury Management with CIBC, Chase Manhattan Bank Canada and Midland Bank Canada.

Mr. Sacks remains an independent director/trustee of several U.S. publicly traded closed-end and open-end funds managed by Standard Life Aberdeen PLC. Past directorships include Kinross Mortgage Corporation Ltd., CIBC Trust Company Ltd., CIBC Limited, and Horizons BetaPro ETFs. He also served on the Investment Advisory Committee of the Ontario Public Guardian & Trustee and was Chair of the Independent Review Committee of Children’s Education Funds Inc. His community service has included directorships in Young People’s Theatre, Childhood Now and TSCC 1849.

Tracy Sherren joined Starlight Group Property Holdings Inc. (“Starlight”), a real estate and investment company, in October 2012 as the Chief Financial Officer of True North Commercial REIT (TSX: TNT.UN) and became Chief Financial Officer of Starlight in May 2016 and Group Head, Commercial in October 2017. Prior to joining Starlight, Tracy was the Chief Financial Officer of Pacrim Hospitality Services Inc. from January 2005 to September 2012 and the Chief Financial Officer of Holloway Lodging Corp. from its inception in 2005 until July 2011. While at Holloway, she was responsible for construction and long-term financing of commercial properties, operations management, financial reporting, investor relations and corporate tax planning.

With over 25 years of experience, Ms. Sherren has participated in over $1 billion of financings and led asset management teams, acquisition due diligence, real estate development and has extensive experience in transaction structuring and risk management. Ms. Sherren is a Chartered Accountant and obtained her Bachelor of Business Administration from Acadia University.

Frank Cohen is a Senior Managing Director at Blackstone, a leading global investment firm. He joined the firm in 1996. In his capacity as a Senior Managing Director, he is the Global Head of Core+ Real Estate and the Chairman and CEO of Blackstone Real Estate Income Trust. During his career with the firm, he has been involved in well over $100 billion of real estate transactions.

He serves as a director for several Blackstone affiliated companies, including Blackstone Real Estate Income Trust and EQ Office and was formerly a director of Hudson Pacific Properties (NYSE: HPP). He is also active in several industry and civic organizations, as a Trustee of the Urban Land Institute, on the NAREIT Advisory Board of Governors, on the Board of the Regional Plan Association and on the Board of Visitors of the Weinberg College of Arts and Sciences at Northwestern University.

Mr. Cohen received a BA from Northwestern University, where he graduated from the Honors Program in Mathematical Methods in the Social Sciences, with a double major in political science.