OpportunitiesNow reviewing 2026 vintage deals

Invest in BC's most resilient real-estate niche.

Curated multiplex investment opportunities across Greater Vancouver. Faster cycles than condo towers, ground-oriented buyer demand, and a policy-driven 10-year tailwind. We structure, raise, and report — you allocate.

Apply to invest How it works

* Target IRRs are illustrative, not guaranteed. Offerings are made only to accredited and otherwise eligible investors under NI 45-106. Past performance does not predict future results. See offering documents for full risk factors.

Program targets

14–18%

Target project IRR*

3–5 yrs

Typical hold period

$50K

Minimum check size

Quarterly

Investor reporting

Project-specific terms are disclosed in each offering memorandum.

Why this category

Multiplex is what condos were in 2002.

Faster cycles, ground-oriented buyer pull, and a regulatory tailwind that extends through the 2030s. The early innings of a structural category.

A category, not a one-off

BC's multiplex policy reset has created a 10-year structural opportunity. Vancouver alone permitted 3,200+ multiplex units in the last 18 months. The pipeline is real and durable.

Smaller checks, faster cycles

Multiplex deals raise $500K–$5M per project with 24–36 month construction cycles — versus 5–7 years for a typical condo tower. Capital recycles faster.

Ground-oriented demand

Two-generation buyer households are paying ground-oriented premiums. Sell-through on completed multiplex stock outpaces condo absorption in the same neighbourhoods.

Curated, not crowd-sourced

We screen 40+ projects to surface the 4–6 worth allocating to each year. You see deals after our diligence, not a flood of unfiltered pitches.

The process

From application to distribution.

Apply

10-minute application + accredited investor verification (BC Securities Commission NI 45-106 compliant).

Match

Get notified when a curated project fits your size, geography, and risk profile. No spam, no flood.

Diligence

Receive the full deck: feasibility, capital stack, sponsor track record, and structure. 14-day review window.

Invest

Sign electronically. Funds wired into a project-specific entity. Quarterly reporting from day one.

Distribute

Distributions on the schedule defined in the offering — typically construction draws, refinance event, and final sell-through.

Structures

Pick how you participate.

Different risk profiles, different return profiles. Mix across your allocation.

Project equity

Direct equity in a single-project LP. Upside fully participates in sell-through.

Single-asset exposure
Pref + promote structure
Tax-efficient via flow-through

Mezzanine debt

Secured second-position debt with a fixed return. Lower risk, capped upside.

8–12% target yield
12–24 month term
Construction completion trigger

Diversified fund

Pooled allocation across 6–10 multiplex projects per vintage. Diversification baked in.

Single subscription
Auto-allocation
Annual investor day

Risk disclosure

Real-estate development carries the risk of partial or total loss of capital. Construction delays, cost overruns, market shifts, and interest-rate moves can materially affect returns. Offerings are illiquid. Read each offering memorandum in full and consult independent legal, tax, and financial advisors before investing.

FAQ

Investor questions.

BC accredited investors, eligible investors under NI 45-106, qualified family offices, and corporate treasuries. We verify investor status at onboarding through a third-party KYC provider.

Most deals are pre-sale or build-to-sell multiplex projects. Returns come from the spread between development cost (land, hard + soft costs, financing) and sell-through revenue on completed units. Mezz-debt deals pay a fixed coupon.

Construction risk, sell-through risk, interest-rate risk, and timing risk. Every offering memorandum spells out the specific risk register. Multiplex projects fail too — we do not guarantee returns, and you should be able to lose your entire investment.

Each project lives in a single-purpose entity with security interests where applicable, a sponsor co-invest, and a defined waterfall. Funds are not commingled across projects unless you specifically subscribe to the diversified fund.

Yes. Sponsor management fees, MultiLiving structuring fee (typically 1.0–1.5% one-time), and a performance promote above the preferred return. All fees are disclosed in the offering documents before you sign.

Project equity is illiquid until the sponsor distributes. Some deals offer secondary buy-out rights at fair value after 24 months. Mezz-debt has scheduled maturity. Plan to hold for the full term.

Yes — each offering is made under a prospectus exemption under National Instrument 45-106. MultiLiving is not a registered dealer; we connect investors with sponsors who issue securities under their own counsel.

Apply to invest

Start with a 10-minute application.

We'll come back within one business day to verify investor status and walk you through current and upcoming offerings.

Investor application

We'll verify eligibility and route you to active offerings.