Real Estate

Veteran broker Graeme Webster to lead Avison Young’s new capital markets team

Avison Young has tapped the co-founder of one of Ottawa’s top boutique commercial real estate brokerages to...

Minto Apartment REIT eyes more refinancing as mortgage costs rise

After refinancing hundreds of millions of dollars’ worth of mortgages earlier this year, Minto Apartment REIT says it is looking at refinancing other properties in an effort to reduce its debt.

Ottawa home sales down 2.7% in October amid rising borrowing costs

Ottawa home sales fell 2.7 per cent last month compared with October 2022 as rising mortgage rates...

Feds unlock public properties to build homes, say 1,600 units will be built in Ottawa

The federal government says it will build more than 2,800 homes on its properties in cities across the country, putting it on track to build nearly 30,000 homes on public lands over the next six years.

‘It’s been a good ride’: Oakview Capital founder Ryan Barresi’s leap of faith pays off

Oakview Capital, the company Ryan Barresi started as a side hustle in 2010 and turned into a full-time gig three and half years ago, specializes in low-rise industrial flex space that caters to small enterprises like contractors and plumbers.

Business leaders throw their support behind Lansdowne 2.0 proposal

In a letter to Mayor Mark Sutcliffe and council, the leaders of three local business associations have thrown their support behind Lansdowne 2.0, calling it a “trifecta of city building.”

Slayte office-to-residential conversion project now 84% leased, InterRent REIT says

InterRent REIT said Wednesday 84 per cent of the suites in its 158-unit Slayte rental project on Albert Street were leased as of the end of October. That’s up from less than 50 per cent at the beginning of May, when interior construction of the building was still being completed.

Ontario scraps its portion of HST on purpose built rentals

The province has been saying it would remove its eight per cent portion of HST if the federal government dropped the five per cent goods and services tax on rental housing builds.

Groupe Mach to replace former DND building on O’Connor Street with new residential tower

Groupe Mach purchased the now-vacant 14-storey building at 110 O’Connor St. on the corner of Slater Street from Cominar REIT for $40 million in 2021.

City proposals to spur office-to-residential conversions fall short, developers say

A city staff report calling for a more streamlined approval process and lower fees for office-to-residential conversions...

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