OBJ staff

T.O. real estate firm launches new fund aimed at financing expanded Ottawa portfolio

Crown Realty Partners says the fund has closed its first round of financing with more than $140 million worth of commitments from institutional investors and family offices.

Planning committee gives thumbs-up to revised Chateau Laurier design

Plan for controversial addition to the iconic downtown hotel will now go to full council for consideration on Feb. 24.

Ottawa’s unemployment rate drops to 6.7% in January

The number of people working in Ottawa-Gatineau rose by about 9,600 last month, Statistics Canada said, while the labour force also grew.

Average Ottawa household spent 16% of its income on mortgage payments in 2020: study

That's up slightly from 10 years ago but still well below the “affordability threshold” of 30 per cent, according to the new report from real estate search portal Point2.

City re-ups for $25K fund to boost local music industry

The money will go to musicians whose livelihoods have been upended by the COVID-19 crisis.

City committee OKs plan for up to 1,500 e-scooters on Ottawa streets

It would be the second year of the pilot project, which saw 600 devices available for rent in 2020.

Price ceilings on the rise: Surge in million-dollar sales pushes average Ottawa home value to new heights

Local realtors said 63 properties sold for at least $1 million last month, compared with 16 transactions valued at $1 million-plus in January 2020.

Gatineau’s D.L. Building Materials acquired by U.S. company

Local firm says it will continue to operate as a standalone business.

Montreal developer files five-building plan for former Iranian Cultural Centre site in Sandy Hill

Proposal would see 1,600 residential units constructed at 2 Robinson Ave., about half a kilometre from the University of Ottawa's main campus.

Strong fourth quarter propels Ottawa’s BluMetric to $471K profit in fiscal 2020

Cleantech firm booked $10.4 million in revenues in the fourth quarter ​– up substantially from the $6.6 million it generated in the same period a year earlier.
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