Significant Transactions
1047 Richmond, Ottawa
- 2022/2023: We facilitated both the purchase and sale of 1047 Richmond, a former car dealership located near the future New Orchard LRT stop. Acquired by Fengate Asset Management for >$30M with a significant density bonus, this TOD site was originally forecasted to be three towers, with heights of 36, 38, and 40 stories, totaling 1,343 residential units. Clients: Rimosa Holding and Fengate.
475 Terry Fox, Ottawa
2024/2025
- Seller: 475 Terry Fox Dr. Inc.
- Buyer: Ironclad Development
- Sale Price: $6.12M
- Land Size: 3.03 acres
- >200 units
265 Catherine
2021: Representing Brigil, one of Quebec’s largest developers, we facilitated the acquisition of 265 Catherine Street, the former Greyhound bus station. Originally projected as a two-tower site, our negotiations led to a revised vision for three towers ranging from 26 to 40 stories, totaling 1,032 units at buildout. The purchase price was $24M.
1500 Merivale
2021: we played a key role in the transaction of 1500 Merivale, bridging Osmington Inc. (private equity) and Claridge (local developer) to divest and acquire the site for $12M. The property, spanning 6.2 hectares, allowed for a site plan application of five buildings totaling 1,967 units.
Clients: Osmington & Claridge
44 Eccles
$8,500,000 - 2022
Clients: CUSO International &
Cornerstone Housing for Women
- 46 supportive housing units for women and gender diverse individuals over the age of 18 with moderate-high acuity, including 12 (3 per floor) fully accessible units
- 30% of units are dedicated to Indigenous Peoples and we will continue to work with Minwaashin Lodge through our unique Indigenous and Cultural Services Program.
- The current parking lot will be turned into an outdoor garden and seating area.
- RHI initiative
1001 Noëlla LeClair and 4200 Innes Road
2023 - Sold $5,600,000
Client: Smart Centre and Extendicare
To be developed into a 256 bed Long Term Care Facility
1001 Noella Leclair, Ottawa
2023: Ironclad’s proposed development comprises of two six-storey buildings with a combined total of 157 dwelling units,
Sold $3,080,000
Client: Smart Centre and Ironclad
Meet the Team
Our primary focus in commercial real estate is the off market acquisition/disposition of high density mixed use development sites for institutional capital and private equity investors. He is responsible for deal origination and execution creating value by offering density analysis, financial pro forma analysis, negotiation and stakeholder engagement. Other key markets of focus are affordable housing and long term care housing. He has been involved in negotiations for more than 300M in asset value. Key clients are Fengate, Extendicare, Main and Main, Groupe Selection, Claridge, Brigil, Osmington.