Ottawa
People
Ontario Real Estate And Development Industry Hires And Promotions: July 2025
Notable moves include Joseph Feldman, who has been named President of Camrost Felcorp, and former TAS executives Hugh Clark and Khan Tran, who have joined the City of Toronto and Capital Developments, respectively, in executive roles.
Aug 01, 2025
Development Projects
Mizrahi To Renegotiate Presale Contracts For Ottawa Project In Restructuring
The 12-storey luxury condo development coming up in Westboro was started back in 2015 and is now in the final stages of construction.
REITs & Institutions
RioCan Offloads Stakes In Ottawa, Calgary Rental Towers For $173M Amid Portfolio Shift
RioCan sold Frontier, Latitude, and Luma in Ottawa to Killam Apartment REIT and Brio in Calgary to Boardwalk REIT.
Multifamily
Forum To Reposition Ottawa Student Housing Tower Under REIIF After $183M Purchase
Forum Asset Management is set to reposition ALMA @ ByWard Market Ottawa at 256 Rideau Street under its REIIF in Q3 2025.
This $12.5M Palmerston Townhome Is A Modern Masterpiece
From the street, 310 Palmerston Boulevard will pull you in with intrigue. But what waits behind its front doors will leave you awestruck.
Listed Commercial
Ashcroft Homes' Eastboro Site In Receivership Listed By CBRE
An Ottawa development that was placed under receivership in October is now being listed for sale by CBRE's Land Services Group on behalf of restructuring firm MNP.
Office
Allied Properties REIT Exits Ottawa With $86.5M Sale Of Heritage Chambers Office
Allied Properties REIT sold 40 and 46 Elgin Street, its last two properties in Ottawa, in December to the Government of Canada.
Real Estate News
Ottawa Bucks Trend Of Slow Home Sales With 72% Spike In Townhomes
Data shows that multi-family unit sales in Canada' capital grew by 75% between 2023 and 2024, to 2,079 sales — an increase overwhelmingly driven by new townhome sales.
Meet The Agent
Meet The Agent: Randa Salib, Sutton Group Ottawa Realty
It's time to say "Hello" to Randa Salib of Sutton Group Ottawa Realty, Inc., who focuses on Ottawa and surrounding areas.
Meet The Agent
Meet The Agent: Sarah Percival, Engel & Völkers Ottawa
It's time to say "Hello" to Sarah Percival, Engel & Völkers Ottawa, who focusses on Ottawa and the surrounding areas.
Real Estate News
Ashcroft Homes Denied After Attempting To Discharge Ottawa Receivership
The Ottawa-based developer secured new financing to clear $6.5M in debt and climb out of receivership in mid-September, but was ultimately denied in late-November.
Industry
Another Ashcroft Homes Property In Receivership Over $80M Debt
A receivership application was filed following construction setbacks and litigations with the City of Ottawa that added overwhelming costs to the Orleans subdivision project.
Development Projects
These Ottawa Townhomes Are Doing 'Affordability' Differently
A new Ottawa townhome launch that breaks out of the current market standard — with prices starting as low as $349,990 — is working to bring the "homeowner" title closer.
Ottawa
Sobeys Proposes Ambitious 7-Tower Development For Orleans In Ottawa
Plans reveal a massive development with buildings ranging from seven to 18 storeys, offering 1,076 new units and 735 sq. m of retail space.
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