Where Operating Excellence
Meets Strategic Capital
Private real estate investments, driven by execution.
Access to select, operator-led opportunities.
Private Real Estate · Canmore, Alberta
CHK Altius Fund
Operator-led STR strategy at the gateway of Banff National Park
The Altius Fund acquires and optimizes short-term rental assets in Canmore, Alberta — a supply-constrained, year-round market adjacent to Banff National Park. The Fund has been successfully launched and is actively deployed across the initial portfolio.
Interested in learning more?
Connect with our team to receive detailed fund information and investor materials.
Begin InquiryAltius Fund — At a Glance
Current AUM
$5M
Assets Under Management
Active Portfolio
4
STR Properties
Performance Target
18–23%
Target Net IRR
Return on Capital
1.9x+
Target Equity Multiple
Investment Thesis
Why Short-Term Rental
in Canmore, Alberta
Adjacent to Banff National Park · Supply-constrained · Year-round demand
Supply-Constrained Market
STR-zoned supply in Canmore has yet to catch up to sustained visitor demand, creating a meaningful asymmetry — and durable pricing power for existing STR assets.
Year-Round Demand
World-class skiing in winter, hiking and cycling in summer. Canmore draws ~5M annual visitors across all seasons, with strong baseline ADR and premium pricing during peak periods.
Operator-Led Strategy
Execution is driven by Eleve Vacation Rentals, our exclusive operating partner with 6+ years of Canmore STR expertise and a Superhost track record.
Vertically Integrated
From acquisition to guest experience, we control the full value chain. In-house oversight, dedicated realty partnerships, and direct management enhance NOI at every stage.
Why Canmore STR
Three pillars of
the thesis
Supply has yet to meet demand
STR-zoned supply in Canmore has not kept pace with sustained visitor demand — creating a structural asymmetry and durable pricing power for existing assets.
Value-add & pre-construction
We target stabilized assets with value-add potential and selective pre-construction opportunities where first-look access and favourable entry pricing enhance risk-adjusted returns.
Operator-led execution
All assets managed by Eleve Vacation Rentals, our exclusive operating partner. Full-service guest experience, revenue management, and local expertise drive strong ADR and occupancy performance.
Altius Fund · Current Portfolio
4 STR Properties,
actively managed
Solara Resort
Canmore, Alberta
Value-Add · ActiveSolara Resort & Spa is a full-service condo-hotel resort situated in the heart of Canmore, directly adjacent to Banff National Park.
Settlers Ridge
Downtown Canmore
Luxury STR · ActiveSettler's Block is a brand-new luxury development by Grassi Developments, steps from Main Street Canmore.
Settlers on Main
Downtown Canmore
Luxury STR · ActiveSettler's Block is a brand-new luxury development by Grassi Developments, steps from Main Street Canmore.
Acquisition Secured
Coming 2028
Timber Peak Suites
Canmore, Alberta
Pre-Construction · 2028Timber Peak Suites is a purpose-built, STR-zoned resort development by Basecamp Resorts — one of Western Canada's leading hospitality developers with over $580M in completed real estate projects.
Strategic Partners
Execution through
trusted relationships
Our dedicated property management group and Airbnb Superhost. 6+ years of Canmore STR expertise, with full-service guest experience operations across the portfolio.
Real Estate Partner
21st Century Nordic Realty
Canmore's leading realty partnership. As our dedicated acquisition partner, they provide proprietary deal flow, local market intelligence, and exclusive access to off-market opportunities.
Interested in
learning more?
Connect with our team to receive detailed fund information and investor materials.
Begin Inquiry