skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. TCN: Does TCN use current market value or cost base valuation for properties on their balance sheet? [Tricon Residential Inc.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Does TCN use current market value or cost base valuation for properties on their balance sheet?
Thank you

Asked by Les on May 04, 2021
5i Research Answer:

Rental properties (single-family rental homes and multi-family rental properties), Canadian development properties and investments in for-sale housing are recorded at fair value. Still, valuations are typically done only once a year, so if real estate rises there can still be a lag on reported value versus market value.