We don’t raise capital. We build partnerships.

Alberta is consistently mispriced by outside capital. National investors paint the whole province with one brush: oil, volatility, risk. But they miss what’s actually happening on the ground: a chronic undersupply of quality rental housing in core communities, and an in-migration story that’s run well ahead of new construction.

That’s the gap we operate in. From acquisition to lease-up, ONE buys and runs multifamily apartments in established, supply-constrained neighbourhoods. We buy durable assets in proven locations, manage them like an operator rather than a spectator, and let time and cash flow do the work.

Properties are chosen for value-add potential, cash flow durability, and the fundamentals that actually matter, then held for the long term.

Most developers chase the same two extremes: single homes or 200-unit towers. We own the space in between.

ONE develops new multifamily homes in the 12-to-30-unit range, on infill lots in the same established neighbourhoods where people already want to live. It’s a size most developers overlook, and that’s exactly why it works.

The math is different at this scale. Land is cheaper because the lots are smaller. Construction timelines are short, so capital isn’t sitting idle for years. And because these are proven neighbourhoods with real rental demand, lease-up is near immediate, not a hopeful projection.

We build where others can’t or won’t: tight urban lots, complex sites, the kind of parcels that don’t pencil out for a tower but are ideal for a well-run building of 12 to 30 doors.

New product, strong locations, quick to income, then held for the long term.

Most lenders underwrite a borrower. We underwrite the business. Through our Mortgage Investment Corporation, ONE lends against real estate alongside outside developers, and our edge is simple: we’ve been the developer.

We know how these projects actually run, where they get into trouble, and what a realistic return looks like, because we’ve built and operated the same kind of assets ourselves. That operator’s lens changes how we lend.

We can read a developer’s business model, pressure-test the operations, and see the returns clearly, so we lend with conviction where a conventional lender sees only risk on paper. Every loan is secured against real property in markets we understand, structured to protect capital first and generate steady income second.