We study a size-structured tree growth model from [4–6], described by the nonlinear renewal equation
$\phi(t) = \mathfrak{F} \phi_t, \ \phi_t \in L^1_\rho(\mathbb{R}_{-}),$ with reproduction, death, and growth rates
$\beta$,
$\mu$, and
$g$. We prove that, under mild conditions on these rates, the equation generates a semiflow in
$L^1_\rho(\mathbb{R}_{-})$ that is permanent and possesses a compact global attractor
$\mathcal{A}$. If
$\beta$ is monotone,
$\mathcal{A}$ reduces to a single asymptotically stable equilibrium attracting all compact sets with positive initial data. Adapting an approach from [21], originally developed for simpler renewal equations, we investigate stability and persistence in this more complex setting via the one-dimensional recurrence
$b_{n+1} = \mathfrak{F} b_n,$ thereby complementing the functional-analytic framework of [13].