Real Estate

Taggart Group downsizes proposed Kent Street residential highrise

Taggart Group says its revised plan for 359 Kent St. now calls for a 27-storey highrise rather than the 30-storey tower it proposed earlier this year.

‘We could always elevate each other’: As firm winds down, Koble founders reflect on two-decade partnership

The brokerage they founded in 2014 as 50-50 partners, Koble Commercial Real Estate, was officially dissolved last week. It marked the end of a business arrangement between the two that stretched back nearly two decades.

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.

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