Andy Carmody
About Andy Carmody
Andy Carmody is a Senior Managing Director at Tricon Residential, where he oversees capital formation and sustainability initiatives. He has extensive experience in real estate development, engineering, and business management, having held leadership roles at various companies including Amerigon, Crescent Communities, and McKinsey & Company.
Current Role at Tricon Residential
Andy Carmody serves as the Senior Managing Director at Tricon Residential since 2023. In this role, he oversees capital formation, new investments, and development partnerships for Tricon's $2.0 billion U.S. single-family residential development business. He leads the company's sustainability program, which includes the development and oversight of the Tricon Vantage resident program. His expertise includes managing both build-to-rent and for-sale housing strategies within Tricon Residential's portfolio.
Previous Experience at Tricon Residential
Prior to his current position, Andy Carmody worked at Tricon Residential as Managing Director, Investments, from 2017 to 2021 and as Managing Director, Investments and Sustainability for 11 months in 2022. During his tenure, he developed and implemented a proprietary single-family residential portfolio energy consumption model as part of the company's sustainability initiatives.
Professional Background
Andy Carmody has held various leadership roles in the real estate and engineering sectors. He served as President, Single Family Residential at Crescent Communities from 2012 to 2017. He was also Senior Vice President at Kitson & Partners from 2007 to 2012. Earlier in his career, he worked as Engagement Manager at McKinsey & Company and held engineering roles at Boeing Commercial Aircraft and Gentherm.
Education and Expertise
Andy Carmody holds a Master of Business Administration degree from Harvard Business School, which he earned from 1999 to 2001. He also has a Bachelor of Science in Mechanical Engineering from the University of Michigan, where he studied from 1989 to 1995. His educational background supports his extensive experience in real estate development, business development, marketing, and operations.
Involvement in Industry Organizations
Andy Carmody is a member of the Community Development Council of the Urban Land Institute. His involvement in this organization reflects his commitment to community development and sustainable practices within the real estate industry.