David Sali

Dave is OBJ's senior features writer with two decades of experience in the newspaper industry working for a variety of publications from community weeklies to major dailies. He is a four-time award-winning journalist by the Alliance of Area Business Publishers (AABP). He has received awards for best news feature, best scoop and best overall writer among medium-sized business publications.

Marriott Ottawa hotel sold to Toronto-based firm

The Marriott Ottawa has been sold to Toronto-based Manga Hotels Group in a deal that closed last week. The purchase price was not released.

Real estate veteran Vandenbelt to lead Paradigm Group’s new brokerage

Sarah Vandenbelt has joined the Paradigm Commercial Group of Companies as founder and CEO of Paradigm Commercial Real Estate and Brokerage, the firms announced last week.

Solace to ramp up R&D after landing $10M in fresh federal funding

Solace says it expects to hire up to 150 new employees over the next two years after landing $10 million in federal funding to expand its software platform.

Solink raises US$60M series-C round, eyes IPO ‘within the next two to four years’

Ottawa-based Solink has raised US$60 million in fresh venture capital as it sets its long-term sights on going public amid massive growth.

Brigil beefs up development pipeline with two-tower proposal for Richmond Road

Brigil is adding to its growing pipeline of mixed-use development proposals in Ottawa with a plan to build two highrises comprising nearly 600 apartments on Richmond Road.

Ottawa-born Turnstone Biologics goes public on Nasdaq, expects to raise US$80M

Turnstone Biologics, an Ottawa-born biotech startup that landed more than $170 million in venture capital, is going public on the Nasdaq exchange.

Ottawa industrial rents keep rising even as vacancies double in Q2: Avison Young

Ottawa’s industrial vacancy rate more than doubled in the second quarter compared with a year earlier as some tenants began moving into newer buildings with smaller footprints, Avison Young says in its latest market report.

Carlingwood sale could trigger wave of mixed-use development at mall site, experts say

The sale of the Carlingwood Shopping Centre could pave the way for a new mixed-use “ecosystem” that would eventually see condo towers built at the 30-acre site, real estate and retail experts predict.

Kinaxis hires ex-Dell, HP exec to lead global marketing efforts

Software powerhouse Kinaxis announced last week that Margaret Franco has joined the firm as its chief marketing officer.

C-COM Satellite continues to battle market headwinds as revenues drop 30% in Q2

C-COM Satellite Systems’ revenues fell more than 30 per cent in the second quarter compared with a year earlier due to continued “sluggish market conditions” driven by fears of a looming recession and “anxiety related to geopolitical tensions,” the firm says.

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