Acquiring Company
Newmark Group
Acquired Company
Altus Group’s Development Advisory Business
Los Angeles
TorontoReal EstateReal Estate InvestmentProperty ManagementCommercial Real EstateSoftwareReal EstateAnalyticsProperty ManagementDescription
Newmark Group, Inc. has announced its acquisition of Altus Group's Canadian Appraisals business, enhancing its Valuation & Advisory services. The deal is expected to close around March 1, 2026, and includes a software licensing agreement for ARGUS Intelligence. This acquisition marks a strategic expansion for Newmark in the Canadian market, aiming to strengthen recurring revenue streams.
Don't miss Newmark Group's next move
Get an email the moment Newmark Group makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
M&A Insights
Based on deal dataFrequently asked
Who acquired Altus Group’s Development Advisory Business?
Altus Group’s Development Advisory Business was acquired by Newmark Group, based in Los Angeles. The deal was reported on February 17, 2026. Newmark Group, Inc. is a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers. Newmark Group is publicly traded (NMRK) and operates in Real Estate.
When did Newmark Group acquire Altus Group’s Development Advisory Business?
Newmark Group's acquisition of Altus Group’s Development Advisory Business was reported on February 17, 2026. Newmark Group, Inc. has announced its acquisition of Altus Group's Canadian Appraisals business, enhancing its Valuation & Advisory services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Altus Group’s Development Advisory Business do?
The Development Advisory business specializes in guiding owners, developers, and investors in real estate development. They provide services such as feasibility assessments, strategic project planning, and risk management. It is privately held, operating in Software, and is based in Toronto.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.