Andy Carmody
Tricon Residential
Managing Director and Head of Sustainability
Job Functions: Executive, Acquisitions & Dispositions, Asset Management, Business Development, Design & Construction, Development, Investment Management, Research & Strategy, Underwriting & Analysis
Bio
Andy Carmody oversees Tricon Residential’s U.S. residential development business, including build-to-rent community development. In this role, he designs and implements strategy, manages 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 more than 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. Prior to joining Tricon Residential in 2017, Mr. Carmody was President, Residential at Crescent Communities, where he led all aspects of business strategy, acquisitions, entitlements, planning and design, development and 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 of an institutionally-backed real estate investment platform. He has also held the roles of Director of Strategic and Operational Marketing at Centex Homes and Engagement Manager at McKinsey & Company, a global management consulting firm.
Mr. Carmody has significant experience in a variety of engineering roles, including as an Engineering Specialist at The Boeing Company and Plant Manager at Amerigon, Inc. He is a member of the Community Development Council of the Urban Land Institute.
Mr. Carmody has a Master of Business Administration degree from Harvard Business School and a Bachelor of Engineering degree from the University of Michigan.
Areas of Interest
- Deal Type
- Acquisition, Development, Ground Lease, Loan Purchase, Opportunity Zone, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation