ICM Partners with KV Capital on Traverse at Three Sisters
(Canmore, Alberta — February 2026) ICM Property Group is pleased to announce a partnership with KV Capital in Traverse at Three Sisters (“Traverse”), a purpose-built rental townhome community located within the Three Sisters Mountain Village in Canmore, Alberta.
The investment marks an important milestone following ICM Property Group’s initial announcement of Traverse and reflects growing institutional conviction in the project’s long-term fundamentals, market positioning, and delivery strategy. Through this investment, KV Capital will invest alongside ICM and its investors, to support the development and successful ownership of the property.
Traverse introduces a new rental housing category to the Canmore market: institutionally backed, professionally managed townhomes designed to meet sustained local demand in a supply-constrained mountain environment.
“Earning the confidence of KV Capital is a significant milestone for our Canadian development platform. We’re pleased to partner with such a distinguished development fund and look forward to growing our relationship with Dan Rojek, Philip Shekoni, Darin Rayburn,and the KV team,” said Matt Crowley, Principal & Director of Investments and Development at ICM Property Group. “The addition of KV Capital as a capital partner reflects strong confidence in both the project and the fundamentals of the Canmore rental market. This alignment supports the thoughtful delivery of housing that’s built to perform over time.“
KV Capital’s participation supports the next phase of the project’s delivery, which aligns with the organization’s strategy of partnering with experienced developers on high-quality real estate assets in markets with strong demographic and economic fundamentals.
Located between downtown Canmore and Stewart Creek, Traverse benefits from proximity to trails, mountain amenities, and the broader Three Sisters Mountain Village, positioning the community to serve residents seeking professionally managed rental housing with long-term stability.
About KV Capital
KV Capital is a Canadian alternative investment manager providing real estate equity and debt capital across Western and Central Canada. Founded in 2006, the firm partners with experienced developers and operators to deploy capital into real estate assets supported by long-term demographic and economic fundamentals. Learn more here: https://www.kvcapital.ca/
About ICM Property Group
ICM Property Group offers established expertise across development, asset management, and property management. With capabilities spanning multiple asset classes and markets, we create engaging spaces where people feel connected to their homes, workplaces, and communities.