Cantiro, the Edmonton-based real estate development company, has launched the Cantiro Opportunity Fund, an investment vehicle designed to generate long-term growth and value through real estate projects in Western Canada and Southern Ontario.
According to the company, the new fund will initially target the development of purpose-built, multifamily rental properties. The company added the fund will offer flexible investment opportunities, and investors can utilize registered funds such as RRSP and TFSA to enroll.
The fund will be overseen by Cantiro Capital, a new division of Cantiro, with company founder and CEO George Cantalini leading the endeavor.
“We are excited to offer the Cantiro Opportunity Fund because it meets a need that is undeniable,” said Cantalini. “There is a profound housing shortage in Canada, significant population growth, and governments are backing new development with historic investments. Our team’s decades of experience in creating thriving communities, coupled with a strong track record of managing $500 million in real estate assets, positions us well to provide exceptional value to our investors.”