What is Tricor Contracting?
Tricor Contracting is a prominent construction firm specializing in single-family residence renovations and build-to-rent properties. The company leverages innovative construction methods to enhance living spaces and offers comprehensive services, including new construction and renovations, specifically tailored for institutional investors and large portfolios. Having renovated over 22,000 homes, Tricor Contracting prioritizes long-term profitability and risk mitigation in its projects, positioning itself as a leader in the single-family rental market.
How much funding has Tricor Contracting raised?
Tricor Contracting has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Tricor Contracting?
The substantial backing and recent strategic investment indicate Tricor Contracting is poised for significant scaling. This large-scale, late-stage funding suggests a focus on expanding operational capacity, potentially acquiring new assets, or further developing its technology infrastructure to manage larger portfolios more efficiently. The company's emphasis on enhancing spaces and its proven track record in renovations for institutional investors signal a continued commitment to solidifying its market share and driving profitability in the build-to-rent sector.
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