Investing Alongside Calnan Real Estate Group
A long-term approach to professionally managed real estate ownership
This page provides educational information about the CORE Investment Fund. It is not an offer to sell securities, a solicitation, or investment advice. All investment decisions should be made based on formal offering documents and in consultation with qualified advisors.
What Is CORE?
CORE Investment Fund is a Canadian limited partnership designed to provide investors with access to a diversified real estate platform focused on long-term ownership and professional asset management.
The fund owns and manages a portfolio of real estate assets, primarily multifamily properties, across Western Canada. Investors participate through fund units, which represent proportional ownership in the underlying portfolio.
CORE is actively asset-managed by Calnan Real Estate Group, with a focus on operational excellence, disciplined capital planning, and portfolio governance. The fund is structured to align investors with the long-term performance of the underlying assets.
Investment Focus
CORE primarily focuses on multifamily real estate, with a long-term hold strategy and a geographic emphasis on markets across Western Canada.
Asset selection is disciplined and methodical. Not all opportunities are pursued. Capital is deployed selectively, with attention to property quality, market fundamentals, and fit within the broader portfolio strategy.
The fund's approach prioritizes durable cash flow, risk management, and portfolio diversification over rapid growth or speculative positioning.
How Investors Participate
Investors participate in CORE by subscribing for units in the fund. Each unit represents proportional ownership in the portfolio, with economic rights tied to the performance of the underlying real estate assets.
Investment terms, including rights, obligations, and governance provisions, are governed by formal offering documents. These documents provide comprehensive information about the fund's structure, investment strategy, fee arrangements, and risk factors.
Prospective investors should review all offering materials carefully and consult with their own legal, tax, and financial advisors before making an investment decision.
Alternative Path: Property Roll-Ins
Property owners may also participate in CORE through real estate roll-in transactions, contributing existing assets into the fund in exchange for units. This structural transition allows owners to maintain real estate exposure while shifting from direct property ownership to fund participation.
Learn more: Read "The Quiet Exit" whitepaper on how rental property owners are reducing risk without selling.
Alignment & Governance
The fund is managed by an experienced team with expertise in multifamily real estate acquisition, asset management, and portfolio operations.
Investment decisions, capital planning, and asset management are conducted within a formal governance framework designed to provide structure, transparency, and accountability.
Alignment between investors and management is achieved through shared long-term ownership objectives, centralized reporting, and a focus on durable portfolio performance rather than short-term outcomes.
Who CORE Is Designed For
May Be Suitable For:
- Investors who take a long-term view and are prepared to hold for multiple years
- Investors who understand real estate risk, including market cycles and illiquidity
- Investors who value professional management and centralized decision-making
- Investors who are comfortable with illiquidity and do not require access to capital on short notice
May Not Be Suitable For:
- Investors who require short-term liquidity or may need to access their capital quickly
- Investors who seek guaranteed income or capital protection
- Investors who prefer speculative strategies or short-term trading opportunities
- Investors who want direct control over individual asset decisions
Important Considerations
Prospective investors should carefully consider the following:
- •Illiquidity: Real estate investments are inherently illiquid. There is no established market for the resale of fund units, and investors should expect to hold their investment for the long term.
- •Variability: Property values and income can fluctuate based on market conditions, tenant performance, operating costs, and other factors beyond the control of management.
- •No Guarantees: There are no guarantees of returns, income, or capital preservation. Past performance, if any, is not indicative of future results.
- •Eligibility: Participation in CORE is subject to eligibility requirements and the completion of appropriate documentation as outlined in offering materials.
Relationship to Other Calnan Entities
CORE operates within the Calnan Real Estate Group ecosystem, which includes multiple entities involved in asset management, real estate advisory, and brokerage services.
Other Calnan entities may provide asset management, property management, acquisition services, or advisory support to the fund. All affiliated relationships are disclosed in offering documents and governed by appropriate agreements.
Investors in CORE are not required to engage any affiliated Calnan entity for other services, and the fund operates under its own governance framework as outlined in its constitutional documents.
Frequently Asked Questions
Answers to common investor questions about CORE
What is the CORE Investment Fund?
CORE is a Canadian limited partnership that owns and manages a diversified portfolio of real estate assets, primarily multifamily, on a long-term basis. The fund is professionally managed with a focus on disciplined asset management, portfolio governance, and long-term ownership strategies.
What type of investor is CORE designed for?
CORE may be suitable for investors who take a long-term view, understand real estate risk, value professional management, and are comfortable with illiquidity. CORE is not suitable for all investors. It may not be appropriate for investors who require short-term liquidity, seek guaranteed income, prefer speculative strategies, or want direct control over assets.
How do investors participate in CORE?
Investors participate by acquiring units in the fund, which represent proportional ownership in the underlying real estate portfolio. Investment terms and procedures are governed by formal offering documents, which provide detailed information about structure, rights, and obligations.
Does CORE guarantee returns or income?
No. No returns or income are guaranteed. Real estate values and cash flow can fluctuate based on market conditions, property performance, and other factors. Past performance is not indicative of future results.
Is CORE a liquid investment?
No. Real estate investments are inherently illiquid. Investors should expect to hold their investment for the long term and should not invest capital that they may need to access on short notice.
How is CORE managed?
CORE is managed by Calnan Real Estate Group, which oversees asset management, capital planning, and portfolio decisions within a formal governance framework. The management team brings experience in multifamily real estate operations, acquisitions, and strategic planning.
How does CORE relate to other Calnan entities?
CORE operates within the Calnan Real Estate Group ecosystem and may work alongside affiliated asset management, advisory, or brokerage entities. All relationships are disclosed appropriately. Investors are not required to engage any affiliated services.
Where can I find more detailed information?
Detailed information is provided through formal offering documents. Prospective investors should review all materials carefully and consult their own legal, tax, and financial advisors before making any investment decision.
Explore CORE Select: Equity Conversion
For owners exploring an equity roll-in into CORE
Property owners may participate in CORE by contributing existing real estate assets into the fund in exchange for units. This structural transition allows owners to shift from direct property ownership to fund participation while maintaining real estate exposure.
Next Steps
If you are considering an investment in CORE, we encourage you to:
- Review all available information carefully, including formal offering documents and risk disclosures
- Consult with your own legal, tax, and financial advisors to assess whether CORE aligns with your investment objectives and risk tolerance
- Contact us to request additional information or to discuss the fund in more detail
Important Disclosure: This page is for informational and educational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy securities. Any offer or solicitation will be made only through formal offering documents, which contain important information about risks, fees, and other material terms.
Investment in CORE involves risk, including the possible loss of principal. Real estate investments are subject to various risks, including but not limited to market risk, liquidity risk, leverage risk, and operational risk. Prospective investors should read all offering documents carefully before making any investment decision.
This information is current as of the date of publication and may be updated from time to time. Past performance is not indicative of future results.