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Three commercial real estate industry veterans have launched a new Ottawa-based company.

Ottawa CRE Startup Partners with Not-for-Profits

Three commercial real estate brokers have launched a new Ottawa-based company that caters largely to not-for-profit groups.

Justin George, Jennifer Murray and Andrew Thomson co-founded Kadus Group, which has pledged to partner with many not-for-profit organizations and encourage its team to volunteer. The Ottawa Business Journal originally reported the company’s formation.

The Kadus business model includes advisory, asset management, development and investment management services.

George, the firm’s managing partner, said on LinkedIn that he decided to start another company after forming his own consulting business in spring 2023 and drawing interest from other entrepreneurs. He previously served as a senior vice-president and head of development at Colonnade BridgePort.

Murray previously headed her own development consulting firm.

Thomson has owned and headed Toronto-based development and project management firm True North Group for the past two decades.

Photo (Left to Right): Justin George, Jennifer Murray, Andrew Thomson/Kadus Group

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Justin GeorgeKadus Group

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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