Altus Strategic Review Could Lead to Sale

Altus Strategic Review Could Lead to Sale
News| August 15, 2025| Monte Stewart
Canada + Apartment Buildings

Altus Group is conducting a strategic review that could result in a sale or merger of the business, the company announced.

The announcement came after The Globe and Mail, along with Reuters, reported that the Toronto-based commercial real estate analytics firm is exploring a sale. Both the Globe and Reuters based their reports on comments from unidentified sources

The review, which the firm undertakes periodically to maximize stakeholder value, also includes potential acquisitions and divestitures, said Altus.

Altus noted that there is no assurance the process will lead to any specific action and said it will only provide updates as required under regulatory obligations.

Photo: Altus Group

Other News

One Beverly Hills Reaches Milestones Ahead of Schedule

California & West + Apartment Buildings

The development team behind One Beverly Hills (1BH) said construction on the $10-billion luxury mixed-use project is proceeding ahead of schedule. The Beverly Hilton expansion structure topped out approximately 10 weeks ahead of schedule and one of the residential towers is progressing six weeks ahead. “This was accomplished while significant operations were maintained at The...

Learn more

Metro Loft, David Werner Secure $231M Loan for Midtown East Residential Conversion

New York & Tri-State + Apartment Buildings

Northwind Group has originated a $231-million first mortgage construction loan for 675 Third Ave., a 32-story, 337,000-square-foot office building in Manhattan’s Midtown East neighborhood that is slated for conversion into residential apartments. The conversion is being led by a joint venture between Nathan Berman’s Metro Loft Management and David Werner Real Estate Investments. Loan proceeds...

Learn more

Rental Affordability Declines in Most Metros, but Improved Housing Quality is a Factor

Apartment Buildings

Rental housing affordability declined in 82% of U.S. metropolitan areas between 2014 and 2023, with renters experiencing the equivalent of an average $256 annual reduction in income after accounting for changes in housing quality. That’s according to a new report released Tuesday by the Mortgage Bankers Association’s Research Institute for Housing America. The report, Housing...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up