Altus Group Announces the Sale of its Canadian Appraisals Business to Newmark
Newmark Group, Inc. - Class A (NMRK)
Last newmark group, inc. - class a earnings: 2/13 08:01 am
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Source: GlobeNewswire
TORONTO and NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Altus Group Limited (“Altus Group”, or “Altus”) (TSX: AIF), a leading provider of commercial real estate (“CRE”) intelligence, announced today that it has entered into a definitive agreement to sell its Canadian Appraisals business to an affiliate of Newmark Group, Inc. (“Newmark”) (NASDAQ: NMRK).The acquisition is expected to close on or about March 1, 2026, subject to customary closing conditions. Altus’ Canadian Appraisals business will become part of Newmark’s Valuation & Advisory offering. Newmark has also entered into a multi-year license agreement with Altus Group for global access to ARGUS Intelligence, among its other software and data offerings, expanding Newmark’s Valuation & Advisory’s performance analytics software and data subscriptions. “Altus Group’s divestiture reflects our ongoing efforts to simplify our portfolio and sharpen our focus on core analytics capabilities,” said Mike Gordon, CEO of Altus Group. “Th
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NMRK
Earnings
- 10/31/25 - Beat
NMRK
Sec Filings
- 12/31/25 - Form 4
- 12/31/25 - Form 4
- 12/31/25 - Form 4
- NMRK's page on the SEC website