For Accredited & Institutional Investors
Vertically integrated multifamily development across Alberta.
CAST3 combines capital strategy, development execution, and precast construction under one integrated platform — engineered to return and redeploy LP equity through the CMHC refinancing cycle.
The Platform
Three partners. One integrated development platform.
CAST3 brings together the three capabilities that determine development outcomes — capital strategy, development execution, and construction systems — under a single coordinated structure with aligned incentives at every stage.
Rather than outsourcing critical functions to parties with different objectives, each CAST3 partner maintains direct accountability for their mandate. The result is a development platform where cost certainty, timeline control, and capital discipline reinforce each other.
How the platform worksCapital structuring, investment strategy, long-term asset management, stabilization, and ongoing property management.
Site identification, municipal approvals, project management, and development coordination from land to completion.
Structural panel manufacturing, supply chain reliability, and installation expertise across Western Canada.
Capital Structure
A structure designed to compound.
Unlike single-project investments, CAST3 is designed to return and redeploy LP capital through CMHC refinancing — enabling investors to participate across multiple developments without committing new capital each cycle.
Investors contribute 25–30% of project cost alongside construction financing to fund development.
Capital is deployed into 40–100 unit purpose-built multifamily developments in Alberta secondary markets.
Upon stabilization, CMHC MLI Select financing at 85–95% LTV replaces construction debt and returns LP equity.
Returned capital is reinvested into the next project — compounding returns across the platform over time.
Market Thesis
Alberta's secondary markets are structurally undersupplied.
Population growth across the Highway 2 corridor has consistently outpaced new rental housing construction. CAST3 targets communities where vacancy is constrained, municipal governments are actively supportive, and the economics of purpose-built rental development are materially stronger than in major urban centres.
Purpose-built rental vacancy in Highway 2 corridor secondary markets remains critically low, driven by population inflow and insufficient housing supply.
Land in Alberta's Highway 2 secondary markets is materially less expensive than major urban centres — a direct driver of stronger yield profiles on purpose-built rental development.
Secondary Alberta municipalities are actively incentivizing rental housing development to address acute undersupply — creating faster approvals and lower friction.
Canada Mortgage and Housing Corporation's MLI Select program provides 85–95% LTV insured financing at stabilization — enabling structured capital recycling unavailable in most markets.
Fort Macleod · Olds
Active Pipeline
Alberta development corridor.
Fort Macleod, AB
Development ImminentFirst project in the Alberta corridor platform. Municipal approvals in place. Precast panels specified.
Olds, AB
Planning UnderwayHighway 2 corridor community with strong employment base, below-average vacancy, and municipal receptivity.
Construction Advantage
Cost certainty through precast construction.
Mountain View Precast provides CAST3 with direct control over structural panel manufacturing — a capability most developers procure from third parties under conditions of price uncertainty and schedule risk.
Factory-controlled production delivers predictable costs, faster site timelines, and structural quality that site-poured alternatives cannot consistently replicate. The result is a competitive cost position that directly improves investor returns.
Construction system detailsFactory panel production compresses on-site timelines vs. conventional framing.
Controlled environment eliminates price variability common in site-poured construction.
No third-party procurement. Panel supply is controlled within the platform.
Development and construction remain under one coordinated General Partner structure.
Next Step
Qualified partners are invited to request an overview.
CAST3 Development LP is available to accredited and institutional investors. Participation is subject to suitability review and General Partner approval. Minimum investment: $1,000,000.