The Fund
CORE Investment Fund
A Canadian limited partnership designed to own and manage a diversified portfolio of Western Canadian real estate assets on a long-term basis.
$120M+
AUM or Under Contract
2026
5
Portfolio Assets
3 active · 2 under contract
2
Provinces
Alberta · British Columbia
LP
Structure
Canadian limited partnership
Structure
How the fund is organized.
Investors participate through fund units representing proportional ownership in the overall portfolio — at the platform level, not tied to individual properties.
This enables portfolio-level decisions, shared risk, and operational efficiency across multiple assets. Full terms are governed by formal offering documents.
Asset Management
Day-to-day oversight of properties, tenant relations, and operational execution.
Capital Planning
Strategic allocation and deployment of capital across the portfolio.
Reporting & Transparency
Regular reporting and disclosure to stakeholders within established governance protocols.
Asset Focus
Multifamily. Western Canada.
Multifamily residential across Alberta and British Columbia. Assets are evaluated on location fundamentals, condition, operational fit, and long-term portfolio alignment.
CORE targets markets with sustainable residential demand. Not every opportunity qualifies — selectivity is central to the strategy.
Primary Geography
Alberta (Calgary and Southern Alberta) and British Columbia. Saskatchewan selectively.
Asset Class
Multifamily residential. Properties managed for long-term cash flow and operational performance.
Investment Horizon
Long-term. CORE is not designed for investors seeking near-term liquidity or exit events.
Governance
Management structure and oversight.
CORE is managed by Calnan Asset Management. Asset management, capital planning, and reporting are centralized within formal governance and legal frameworks.
Transparency and stakeholder alignment are core design principles. All relationships and fees are disclosed in formal documentation.
Management Team
The people responsible for the fund.
Matt Calnan
Managing Director
Calnan Asset Management
Founder of Calnan Real Estate Group and Managing Director of Calnan Asset Management. Responsible for investment strategy, portfolio oversight, fund governance, and stakeholder relationships across the CORE platform.
Andrew Doyle
Chief Financial Officer
Calnan Asset Management
Oversees financial reporting, NAV methodology, capital account management, and LP distributions. Responsible for the integrity of CORE's financial statements and quarterly reporting to unit holders.
Dale Leier
Vice President, Capital Markets
Calnan Asset Management
Leads investor relations, capital raising, and distribution strategy for CORE as an officer of Calnan Asset Management. Focuses on accredited investor sourcing, wealth planner relationships, and roll-in origination.
Important Considerations
Real estate investments involve risk. Property values and income can fluctuate based on market conditions, property performance, interest rates, economic factors, and other considerations.
Investments in CORE are illiquid. There is no guarantee that units can be sold or transferred at a given time or price. Investors should expect to hold their investment for the long term.
Participation in CORE is subject to eligibility requirements and formal documentation. Prospective investors must review all offering materials carefully and consult with their own legal, tax, and financial advisors before making any investment decision.