Andy Carmody

Managing Director at Tricon Residential

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.
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