Purpose-built multifamily development capital platform

CAST3 Development LP provides accredited and institutional investors access to institutional-quality multifamily development opportunities across Western Canada through a fully integrated platform controlling the real estate lifecycle from development through long-term ownership.

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For accredited and institutional investors. Not an offer to sell securities.

A fully integrated development platform

CAST3 was formed to align development execution, construction systems, asset management, and long-term ownership under a single disciplined capital structure.

The platform is managed by three General Partners with distinct and non-overlapping mandates, enabling consistent execution across the full real estate lifecycle.

Purpose-built multifamily rental developments
Typical project size: 40–160 units
Capital scale: approximately $10M–$50M per project
Geographic focus: Western Canada

Active Development Pipeline

Cranbrook, BC

331 units | ~$90M

Phase 1: 66 units

Late StageMedium probability

Radium, BC

94 units | ~$35M

Phase 1: 36 units

ConstructionMedium–High probability

Ladysmith, BC

70 units | ~$21M

Late StageMedium–High probability

Colwood, BC

83 units | ~$25M

Late StageMedium–High probability

Lethbridge, AB

200 units | ~$55M

Phase 1: 40 units

AdvancedHigh probability

Claresholm, AB

80 units | ~$20M

AdvancedHigh probability

Fort Macleod, AB

80 units | ~$20M

Early StageMedium probability

General Partners

Calnan Real Estate Group

Asset management, capital markets, and long-term ownership strategy

Athalon Development Corp

Development execution and project management

Mountain View Precast

Construction systems and delivery expertise

Investor Eligibility & Next Steps

CAST3 Development LP is available to accredited and institutional investors seeking exposure to purpose-built multifamily development through a disciplined, integrated platform.

Minimum investment is $1,000,000. Participation is subject to suitability, availability, and General Partner approval.

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Frequently Asked Questions

Who can invest?

CAST3 Development LP is available to accredited and institutional investors. Participation is subject to suitability review and General Partner approval.

Minimum investment?

The minimum investment is $1,000,000.

Project type?

Purpose-built multifamily rental developments, typically 40–160 units, with capital scale of approximately $10M–$50M per project, focused on Western Canada.

How to request information?

Accredited and institutional investors may request the investor overview by emailing dale@calnan.co.