Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.
Members of the Greater Ottawa Home Builders' Association (GOHBA) scored quality time Thursday morning with Mayor Mark Sutcliffe, who's sticking to his promise to speak at the association’s first breakfast every January throughout his term in office.
In this instalment of My Ottawa, Shawn Hamilton lets us in on what makes the National Capital Region an outdoor paradise, where he gets his egg roll fix (hint: he’s definitely not alone), why his dad is his biggest hero and more.
Smart Living Properties has filed a proposal to tear down the bulk of the existing two- and three-storey commercial buildings at 178 Nepean St. and 219 and 223 Bank St. and replace them with a mixed-use complex featuring 263 rental suites and nearly 11,000 square feet of ground-floor retail space.
After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a rebound in 2024.
Crown Realty Partners purchased the 205,251-square-foot portfolio last month on behalf of its fifth value-add fund. Terms of the deal were not disclosed.
It's poised to be another challenging year for office REITs, but some money managers say there could be decent entry points in the sector for long-term investors.