Current Fund Outline
THC Value-Add 1 LP is our active fund vehicle, targeting value-add multifamily acquisitions across Alberta's mid-sized markets. The fund is structured as a registered Limited Partnership, distributed through a licensed Exempt Market Dealer, and designed for accredited investors seeking real asset exposure with institutional-grade oversight.
We are currently deploying capital across a portfolio of income-producing multifamily assets. Our strategy is built on conservative underwriting, refinance-driven capital recycling, and a 3 to 5 year hold period targeting 15 to 18 percent annualized returns through a waterfall structure with equity participation.
Contact us →Our Strategy
A focused approach built on market selection, asset quality, and conservative underwriting.
Asset Type
Value-add multifamily residential. We target 10 to 50 unit buildings in need of operational or physical repositioning where our execution can create measurable equity.
Markets
Mid-sized Alberta cities with strong rental demand, landlord-friendly regulation, and assets priced below replacement cost. Current focus includes Edmonton, Camrose, Vegreville, and surrounding markets.
Buy Box
Acquisition price between $500K and $5M. Minimum 10 units. Value-add potential through renovation, occupancy improvement, or expense optimization.
How the fund works
Capital Raise
Accredited investors commit capital through a registered Limited Partnership structure. Minimum investment thresholds apply.
Acquisition
We identify, underwrite, and close on value-add multifamily assets within our target markets and buy box.
Value Creation
We execute the business plan: renovation, occupancy improvement, and expense optimization.
Refinance
Once stabilized, we refinance to return capital to investors and recycle equity into the next acquisition.
Distributions
Investors receive preferred returns and profit participation per the LP agreement waterfall structure.
Economics
AUM
$29M
Target Returns
15% to 18% annualized, structured through a waterfall with equity participation in the portfolio.
Hold Period
3 to 5 years
Mutual Fund Trust Structure
Triple Harbour Capital operates through a registered Mutual Fund Trust, providing investors with flow-through tax treatment and eligibility for registered accounts and cash capital deployment.
Work with Exempt Market Dealer
All offerings are distributed through a registered Exempt Market Dealer. This ensures investor suitability, proper disclosure, and regulatory compliance at every stage of the raise.