Pineapple Financial expands in Ottawa, sees revenue increase in 2024

Pineapple Financial announced the opening of an office in Ottawa, the nation’s capital and fourth largest city. The office, located at 1195 Wellington Street in Ottawa is owned and led by Rami El-Beaino and Jennifer Rizzi. It is the latest hub for Pineapple’s innovative mortgage solutions and will initially house 12 mortgage professionals. Rizzi, Mortgage Broker at Pineapple, emphasized the potential for growth in Ottawa stating, “The city continues to experience robust real estate activity despite market challenges and economic uncertainty. With the average home price below the national average, coupled with a stable job market and robust immigration, Ottawa offers ample opportunity for homebuyers to successfully enter the housing market and mortgage holders to comfortably absorb the interest rate increases more effectively than their counterparts across Canada.” Rizzi continued, “With this unique advantage, we project substantial revenue potential for 2024.”