A combination of global events that created unmatched pressures on the Canadian energy have severely curtailed the growth in Calgary’s economy – until now.
In fact, the timing of Calgary’s upcoming resurgence (historically known as a ‘boom’) is unfolding just as North American equity markets display higher values and volatility than ever.
The CURE LP will reward investors by offering “safe harbour” for some of their equity market gains, using undervalued urban real estate and highly efficient, value-added development management expertise.
CUE Development Inc. is the General Partner of The Calgary Urban Renewal Equity (CURE) Limited Partnership, a $25 million equity limited partnership created to develop high quality multifamily and urban mixed-use projects in Calgary’s inner-city. Value-oriented private equity investors will appreciate these investment characteristics and objectives:
The CURE Limited Partnership will complete three specific development projects sharing close proximity, overlapping project life cycles, development management continuity and unmatched capital efficiency.
The CURE L.P. is currently completing the acquisition and assembly of all selected sites required to give effect to this tightly defined, highly focused development program. As General Partner, the CUE Development team of finance and development professionals intend to capitalize on the “soon-to-be” booming Calgary economy, after the protracted downturn from 2014 to 2021.