Newmark Acquires Altus' Canadian Appraisal Business, Expands Software Services
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy NMRK?
Source: Newsfilter
- Acquisition Announcement: Altus Group has entered into a definitive agreement to sell its Canadian Appraisal business to Newmark, with the deal expected to close around March 1, 2026, enhancing Newmark's Valuation & Advisory services and expanding its market presence in Canada.
- Software Licensing Agreement: Newmark has signed a multi-year licensing agreement with Altus for ARGUS Intelligence, aimed at enhancing performance analytics capabilities within its Valuation & Advisory business, which is expected to drive growth in recurring revenue streams.
- Industry Impact: Altus' Canadian Appraisal business has supported institutional funds, REITs, and public sector clients for over 25 years, and this acquisition will allow Newmark to leverage its strong reputation and client base to further solidify its market position.
- Leadership Change: Newmark has appointed Colin Johnston as Head of Valuation & Advisory Services, Canada, bringing over 30 years of experience in the CRE sector, which will provide Newmark with deeper local market insights and enhanced service capabilities.
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Analyst Views on NMRK
Wall Street analysts forecast NMRK stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 14.620
Low
19.00
Averages
20.67
High
22.00
Current: 14.620
Low
19.00
Averages
20.67
High
22.00
About NMRK
Newmark Group, Inc. is a commercial real estate advisor and service provider to institutional investors, global corporations and other owners and occupiers. The Company offers a diverse array of integrated services and products designed to meet the full needs of its clients. Its investor/owner services and products include capital markets, which consist of investment sales and commercial mortgage origination including the placement of debt, equity raising, and loan sales on behalf of third parties, landlord representation, leasing, valuation and advisory, property management and flexible workspace solutions for owners, a commercial real estate technology platform and capabilities for owners, due diligence consulting and other advisory services, government-sponsored enterprises (GSE) and Federal Housing Administration (FHA) multifamily lending and loan servicing, limited and special loan servicing and asset management, and business rates for United Kingdom property owners.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Newmark Acquires Altus' Canadian Appraisal Business, Expands Software Services
- Acquisition Announcement: Altus Group has entered into a definitive agreement to sell its Canadian Appraisals business to Newmark, expected to close around March 1, 2026, which will enhance Newmark's Valuation & Advisory services and expand its market share.
- Software Licensing Agreement: Newmark has signed a multi-year license agreement with Altus for global access to ARGUS Intelligence and other software, enhancing its performance analytics software and data subscriptions, which is anticipated to drive revenue growth.
- Market Impact: Altus' Canadian Appraisals business has served over 3,000 clients for more than 25 years, and this acquisition will significantly strengthen Newmark's operations in Canada, further solidifying its leadership position in the commercial real estate sector.
- Leadership Change: Newmark has appointed Colin Johnston as Head of Valuation & Advisory Services, Canada, bringing over 30 years of experience in the commercial real estate sector, which will enhance Newmark's expertise and competitive edge in the market.
See More
Newmark Acquires Altus' Canadian Appraisal Business, Expands Software Services
- Acquisition Announcement: Altus Group has entered into a definitive agreement to sell its Canadian Appraisal business to Newmark, with the deal expected to close around March 1, 2026, enhancing Newmark's Valuation & Advisory services and expanding its market presence in Canada.
- Software Licensing Agreement: Newmark has signed a multi-year licensing agreement with Altus for ARGUS Intelligence, aimed at enhancing performance analytics capabilities within its Valuation & Advisory business, which is expected to drive growth in recurring revenue streams.
- Industry Impact: Altus' Canadian Appraisal business has supported institutional funds, REITs, and public sector clients for over 25 years, and this acquisition will allow Newmark to leverage its strong reputation and client base to further solidify its market position.
- Leadership Change: Newmark has appointed Colin Johnston as Head of Valuation & Advisory Services, Canada, bringing over 30 years of experience in the CRE sector, which will provide Newmark with deeper local market insights and enhanced service capabilities.
See More
Real Estate Stocks Plummet Amid AI Disruption Fears
- Market Plunge: CBRE's stock plummeted 13.5% in midday trading, marking its largest drop since the Covid pandemic and the global financial crisis, indicating investor concerns over high-fee, labor-intensive business models potentially vulnerable to AI disruption.
- Sector Rotation: Commercial real estate brokers have sold off for a second consecutive day, with Jones Lang LaSalle and Hudson Pacific Properties falling 12.5% and 8%, respectively, reflecting a pessimistic market sentiment as investors shift towards more defensive sectors.
- AI's Far-Reaching Impact: An essay by OtherSide AI's CEO Matt Shumer claimed that AI will drastically reduce entry-level white-collar jobs, with the impact expected to surpass that of Covid, as the article garnered 30 million views within 24 hours, intensifying fears in the commercial real estate sector.
- Strong Fundamentals Persist: Despite the bearish market sentiment, CBRE reported a fourth-quarter core earnings beat of $2.73 per share, exceeding expectations, and forecasts core EPS between $7.30 and $7.60 for the year, demonstrating the company's competitive edge in complex deal-making through deep knowledge and relationships.
See More
Newmark Appointed Exclusive Leasing Agent for Comstock's Office Portfolio
- Exclusive Leasing Appointment: Newmark Group has been appointed as the exclusive leasing agent for Comstock's premier office portfolio in the Dulles Corridor, managing over 3.2 million square feet of high-quality office assets, showcasing the company's strong influence in the high-end commercial real estate market.
- Market Positioning Advantage: Comstock's properties are renowned for their iconic design and exceptional accessibility and amenities, while Newmark aims to attract tenants seeking premium workspaces by integrating local execution with deep market demand insights from both Virginia and Washington, DC teams.
- Regional Market Dynamics: According to Newmark Research, the Northern Virginia office market is stabilizing, with sustained interest in Trophy and Class A assets, reflecting strong demand for transit-accessible and amenity-rich submarkets, indicating ongoing growth potential in the region's commercial real estate sector.
- Comprehensive Service Platform: Newmark provides a full suite of commercial real estate services globally, generating over $3.1 billion in revenue as of September 30, 2025, demonstrating its leadership position and strong market adaptability within the industry.
See More
Newmark Appointed Exclusive Leasing Agent for Comstock's Office Portfolio
- Exclusive Leasing Appointment: Newmark Group has been appointed as the exclusive leasing agent for Comstock's premier office portfolio in the Dulles Corridor, managing over 3.2 million square feet of prime office assets, marking a significant expansion in the high-end commercial real estate market.
- Market Demand Analysis: According to Newmark Research, the Northern Virginia office market is stabilizing, with sustained interest in Trophy and Class A assets, indicating strong demand for transit-accessible and amenity-rich submarkets, reflecting evolving market dynamics.
- Team Integration Advantage: Newmark will integrate its Virginia and Washington, DC office agency teams, leveraging local execution capabilities and deep understanding of tech-driven tenant demand to provide a differentiated market strategy that enhances client attraction.
- Regional Development Potential: Comstock's properties are situated in amenity-rich, transit-accessible environments, representing one of the largest privately held office portfolios in Northern Virginia, supporting the region's transformation into a desirable live-work-play environment with significant strategic implications.
See More
Newmark Arranges $415 Million Loan for DRA Advisors and KPR Centers
- Financing Arrangement: Newmark successfully arranged a $415 million loan for DRA Advisors and KPR Centers to refinance a primarily grocery-anchored retail portfolio totaling approximately 2.4 million rentable square feet, showcasing Newmark's strong capabilities in commercial real estate financing.
- Portfolio Characteristics: The portfolio consists of 13 open-air shopping centers located in densely populated markets in the Northeast, with 12 assets anchored by grocery tenants, indicating a robust market position and barriers to entry that are expected to provide stable cash flow for investors.
- Asset Management Scale: Since its inception in 1986, DRA Advisors has managed approximately $11.6 billion in assets and has acquired around $42 billion in real estate, demonstrating its deep expertise and market influence in real estate investment management.
- Market Expansion: KPR Centers has expanded its retail and industrial property investments across 19 states, leveraging its in-house leasing and management capabilities to maximize asset value through proactive leasing and redevelopment, further solidifying its competitive advantage in the market.
See More
Newmark Acquires Altus' Canadian Appraisal Business, Expands Software Services
- Acquisition Announcement: Altus Group has entered into a definitive agreement to sell its Canadian Appraisals business to Newmark, expected to close around March 1, 2026, which will enhance Newmark's Valuation & Advisory services and expand its market share.
- Software Licensing Agreement: Newmark has signed a multi-year license agreement with Altus for global access to ARGUS Intelligence and other software, enhancing its performance analytics software and data subscriptions, which is anticipated to drive revenue growth.
- Market Impact: Altus' Canadian Appraisals business has served over 3,000 clients for more than 25 years, and this acquisition will significantly strengthen Newmark's operations in Canada, further solidifying its leadership position in the commercial real estate sector.
- Leadership Change: Newmark has appointed Colin Johnston as Head of Valuation & Advisory Services, Canada, bringing over 30 years of experience in the commercial real estate sector, which will enhance Newmark's expertise and competitive edge in the market.
See More
Newmark Acquires Altus' Canadian Appraisal Business, Expands Software Services
- Acquisition Announcement: Altus Group has entered into a definitive agreement to sell its Canadian Appraisal business to Newmark, with the deal expected to close around March 1, 2026, enhancing Newmark's Valuation & Advisory services and expanding its market presence in Canada.
- Software Licensing Agreement: Newmark has signed a multi-year licensing agreement with Altus for ARGUS Intelligence, aimed at enhancing performance analytics capabilities within its Valuation & Advisory business, which is expected to drive growth in recurring revenue streams.
- Industry Impact: Altus' Canadian Appraisal business has supported institutional funds, REITs, and public sector clients for over 25 years, and this acquisition will allow Newmark to leverage its strong reputation and client base to further solidify its market position.
- Leadership Change: Newmark has appointed Colin Johnston as Head of Valuation & Advisory Services, Canada, bringing over 30 years of experience in the CRE sector, which will provide Newmark with deeper local market insights and enhanced service capabilities.
See More
Real Estate Stocks Plummet Amid AI Disruption Fears
- Market Plunge: CBRE's stock plummeted 13.5% in midday trading, marking its largest drop since the Covid pandemic and the global financial crisis, indicating investor concerns over high-fee, labor-intensive business models potentially vulnerable to AI disruption.
- Sector Rotation: Commercial real estate brokers have sold off for a second consecutive day, with Jones Lang LaSalle and Hudson Pacific Properties falling 12.5% and 8%, respectively, reflecting a pessimistic market sentiment as investors shift towards more defensive sectors.
- AI's Far-Reaching Impact: An essay by OtherSide AI's CEO Matt Shumer claimed that AI will drastically reduce entry-level white-collar jobs, with the impact expected to surpass that of Covid, as the article garnered 30 million views within 24 hours, intensifying fears in the commercial real estate sector.
- Strong Fundamentals Persist: Despite the bearish market sentiment, CBRE reported a fourth-quarter core earnings beat of $2.73 per share, exceeding expectations, and forecasts core EPS between $7.30 and $7.60 for the year, demonstrating the company's competitive edge in complex deal-making through deep knowledge and relationships.
See More
Newmark Appointed Exclusive Leasing Agent for Comstock's Office Portfolio
- Exclusive Leasing Appointment: Newmark Group has been appointed as the exclusive leasing agent for Comstock's premier office portfolio in the Dulles Corridor, managing over 3.2 million square feet of high-quality office assets, showcasing the company's strong influence in the high-end commercial real estate market.
- Market Positioning Advantage: Comstock's properties are renowned for their iconic design and exceptional accessibility and amenities, while Newmark aims to attract tenants seeking premium workspaces by integrating local execution with deep market demand insights from both Virginia and Washington, DC teams.
- Regional Market Dynamics: According to Newmark Research, the Northern Virginia office market is stabilizing, with sustained interest in Trophy and Class A assets, reflecting strong demand for transit-accessible and amenity-rich submarkets, indicating ongoing growth potential in the region's commercial real estate sector.
- Comprehensive Service Platform: Newmark provides a full suite of commercial real estate services globally, generating over $3.1 billion in revenue as of September 30, 2025, demonstrating its leadership position and strong market adaptability within the industry.
See More
Newmark Appointed Exclusive Leasing Agent for Comstock's Office Portfolio
- Exclusive Leasing Appointment: Newmark Group has been appointed as the exclusive leasing agent for Comstock's premier office portfolio in the Dulles Corridor, managing over 3.2 million square feet of prime office assets, marking a significant expansion in the high-end commercial real estate market.
- Market Demand Analysis: According to Newmark Research, the Northern Virginia office market is stabilizing, with sustained interest in Trophy and Class A assets, indicating strong demand for transit-accessible and amenity-rich submarkets, reflecting evolving market dynamics.
- Team Integration Advantage: Newmark will integrate its Virginia and Washington, DC office agency teams, leveraging local execution capabilities and deep understanding of tech-driven tenant demand to provide a differentiated market strategy that enhances client attraction.
- Regional Development Potential: Comstock's properties are situated in amenity-rich, transit-accessible environments, representing one of the largest privately held office portfolios in Northern Virginia, supporting the region's transformation into a desirable live-work-play environment with significant strategic implications.
See More
Newmark Arranges $415 Million Loan for DRA Advisors and KPR Centers
- Financing Arrangement: Newmark successfully arranged a $415 million loan for DRA Advisors and KPR Centers to refinance a primarily grocery-anchored retail portfolio totaling approximately 2.4 million rentable square feet, showcasing Newmark's strong capabilities in commercial real estate financing.
- Portfolio Characteristics: The portfolio consists of 13 open-air shopping centers located in densely populated markets in the Northeast, with 12 assets anchored by grocery tenants, indicating a robust market position and barriers to entry that are expected to provide stable cash flow for investors.
- Asset Management Scale: Since its inception in 1986, DRA Advisors has managed approximately $11.6 billion in assets and has acquired around $42 billion in real estate, demonstrating its deep expertise and market influence in real estate investment management.
- Market Expansion: KPR Centers has expanded its retail and industrial property investments across 19 states, leveraging its in-house leasing and management capabilities to maximize asset value through proactive leasing and redevelopment, further solidifying its competitive advantage in the market.
See More
