Altus Group
Altus Group is a Toronto-based commercial real estate technology provider serving global CRE investors, developers, lenders, and advisors with AI-powered analytics, valuation, and portfolio management software including the ARGUS Intelligence Platform and ARGUS Assist.
- Company typePublic
- Founded2005
- HeadquartersToronto, Canada
- Headcount1,001–5,000
- GTM typeB2B
- OfferingSoftware
What Altus Group does
Altus Group (TSX:AIF; headquartered in Toronto, Canada; founded 2005) is a publicly traded commercial real estate software, data, and analytics provider undergoing a deliberate transformation into a pure-play CRE technology company. Following the January 2025 sale of its Property Tax business to Ryan, LLC for C$700 million and the February 2026 sale of its Canadian Appraisals unit to Newmark Group (paired with a multi-year ARGUS licensing agreement), the company has concentrated its strategy on the ARGUS Intelligence Platform — a cloud-based portfolio performance solution that integrates ARGUS Enterprise (valuation and cash flow forecasting), ARGUS Assist (an AI-powered conversational layer of specialized agents trained on 30+ years of proprietary CRE data), ARGUS Benchmark Manager, ARGUS Asset Manager, ARGUS Portfolio Manager, ARGUS ValueInsight, and adjacent modules (ARGUS Developer, ARGUS EstateMaster, ARGUS Taliance, ARGUS Voyanta, Fairways Debt, Forbury, Reonomy, and Altus Data Studio). Underlying technology is delivered primarily as cloud SaaS with annual subscription licensing, augmented by AR
Altus Group firmographics
Firmographics- Name
- Altus Group
- Legal name
- Altus Group Limited
- Website
- https://altusgroup.com
- Company type
- Public
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Altus Group is a Toronto-based commercial real estate technology provider serving global CRE investors, developers, lenders, and advisors with AI-powered analytics, valuation, and portfolio management software including the ARGUS Intelligence Platform and ARGUS Assist.
- Ownership category
- akta.pro rank
Altus Group industry classification
Industry- Product category
- Commercial Real Estate Software
- NAICS
- Information (51), Web Search Portals and All Other Information Services (51929)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Commercial Real Estate Asset Management (BPAJAMAB)
Keywords
Where Altus Group is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
Altus Group business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- SaaS Subscriptions: Recurring subscription revenue from software platforms including ARGUS Intelligence Platform, ARGUS Enterprise, and other analytical tools. Hybrid model combining recurring SaaS with cloud-based delivery.
- Software Revenue: Software revenue component showing 12% year-over-year growth in Q1 2026, part of the strategic transformation into pure-play CRE technology provider.
- Analytics-as-a-Service: Data analytics services providing market intelligence, benchmarking, and performance analytics for CRE professionals.
- Valuation Advisory: Transaction-based valuation and appraisal services, though this segment is being divested (Canadian Appraisals sold to Newmark in 2026, property tax business sold to Ryan in 2025).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS platform with multiple product tiers |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels8 records
Altus Group product offering
Product offeringCore offering
Altus Group provides software, data, and analytics solutions for the commercial real estate (CRE) industry. Its offerings include valuation and asset management software (ARGUS Enterprise), intelligence and benchmarking platforms, AI-assisted analytics (ARGUS Assist), and property intelligence data (Reonomy), serving CRE investors, lenders, brokers, developers, and asset managers.
Product overview
Altus Group offers a unified platform-plus-modules architecture centered on the ARGUS Intelligence Platform, which integrates multiple ARGUS products including ARGUS Enterprise (valuation and cash flow forecasting), ARGUS Assist (AI-powered conversational interface), ARGUS Benchmark Manager, ARGUS Asset Manager, ARGUS Portfolio Manager, ARGUS ValueInsight, ARGUS Developer, ARGUS EstateMaster, ARGUS Taliance, and ARGUS Voyanta. The portfolio also includes acquired brands Reonomy (US property data), StratoDem Analytics, Forbury (valuation software), and Finance Active (financial forecasting). Supporting services include Valuation Advisory, Integration Services, and Development Advisory. The platform serves commercial real estate investors, developers, lenders, and advisors across North America, Europe, and Asia-Pacific.
Differentiator
Problem solved
Functional benefit
Brands
- ARGUS Intelligence Platform: Next level portfolio performance solution that transforms how investors model and manage assets, portfolios and funds.
- ARGUS Enterprise
- ARGUS Assist
- ARGUS Benchmark Manager
- ARGUS Asset Manager
- ARGUS Portfolio Manager
- ARGUS Developer
- ARGUS EstateMaster
- ARGUS Taliance
- ARGUS ValueInsight
- ARGUS Cloud Portal
- Reonomy
- Altus Data Studio
- StratoDem Analytics
- Fairways Debt
- Forbury
- Finance Active
Products and services
- ARGUS Enterprise Cash flow, valuation, and asset management software used by commercial real estate professionals for portfolio modeling and investment analysis.
- ARGUS Intelligence Platform Market intelligence and benchmarking platform that delivers commercial real estate data, analytics, and insights for investment and portfolio decisions.
- ARGUS Assist AI-powered assistant that enhances productivity and analysis within Altus Group's commercial real estate software suite.
- Reonomy Property intelligence platform providing comprehensive U.S. commercial real estate data on properties, ownership, and transactions for CRE professionals.
Quantifiable outcome
- 21.9% adjusted EBITDA margin with 620 basis points expansion in Q1 2026
- +3 more outcomes
Companies that use Altus Group
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles1 record
Altus Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability5 records
Feature9 records
Altus Group partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Newmark GroupcoreMulti-year license agreement enabling Newmark global access to ARGUS Intelligence and other software and data offerings. Newmark acquired Altus's Canadian Appraisals business with over 25 years of history, 8 offices, 140+ professionals, and 3,000+ clients, expanding its Valuation & Advisory performance analytics and subscription services.
- YardicoreARGUS Connector for Yardi Voyager integration collaboration, streamlining workflows between two commercial real estate industry solutions and enabling more informed decision-making for shared clients.
- Cushman & WakefieldcoreGlobal rollout of ARGUS Intelligence platform and Portfolio Manager across Cushman & Wakefield's commercial real estate operations for valuation and portfolio performance analysis.
- RealSource PropertiesminorIndependent net asset value calculation engagement, with NAV increasing to $13.2003 per share as of September 30, 2024, reflecting move toward greater transparency in valuation process.
- Data Breakthrough AwardsminorIndustry recognition program evaluating data technology solutions across innovation, performance, ease of use, functionality, value, and impact.
Scale indicators19 records
Recent moves9 records
Expansion highlights7 records
Altus Group competitors and assessment
Company assessmentBroad incumbents
- MSCI (Real Capital Analytics): MSCI owns Real Capital Analytics, providing CRE transaction data, indexes, and analytics. It competes with ARGUS Benchmark Manager on market-level CRE benchmarking and valuation intelligence for institutional investors.
- JLL (Jones Lang LaSalle): JLL is a global CRE services firm with JLL Technologies offering data, AI, and software solutions (including Skyline AI). It competes with Altus on enterprise CRE technology mandates while also being a potential distribution channel for ARGUS products.
- CBRE Group: CBRE is the largest global CRE services firm and has invested in proprietary technology, analytics, and data products. It competes with Altus for enterprise technology mandates from large institutional investors and occupiers.
- Cushman & Wakefield: Cushman & Wakefield is a global CRE services firm that signed a global rollout of the ARGUS Intelligence platform. While a customer/partner, it also builds internal technology and competes indirectly as an enterprise buyer/influencer in the CRE tech stack.
Direct peers
- CoStar Group: CoStar is the dominant commercial real estate data, analytics, and listing platform globally with LoopNet and Apartments.com. It directly competes with Altus's Reonomy, Data Studio, and ARGUS Benchmark Manager on CRE property intelligence and competes for institutional analytics budget.
- Yardi Systems: Yardi is a leading CRE and multifamily software suite covering property management, valuation, and analytics via Yardi Voyager. Altus integrates with Yardi via the ARGUS Connector, reflecting overlapping product roadmaps in CRE lifecycle software.
- MRI Software: MRI Software sells real estate software across property management, accounting, and analytics for commercial and residential portfolios. Its CRE portfolio and valuation modules compete with the ARGUS Platform for institutional owner/operator budgets.
- RealPage: RealPage provides data, analytics, and software for real estate operators, predominantly multifamily but expanding into commercial. It competes in lifecycle RE software and competes with Reonomy/Altus Data Studio on market intelligence.
Regional players
- Walker & Dunlop: Walker & Dunlop is a US-focused CRE finance and services platform with proprietary technology and data capabilities for debt and equity transactions. It overlaps with Altus on debt management (Fairways Debt) and CRE analytics for capital markets.
Emerging players
- Cherre: Cherre is an AI-powered real estate data and analytics platform aggregating CRE asset, portfolio, and market data. As an emerging SaaS-native CRE intelligence platform, it overlaps with ARGUS Intelligence in serving institutional owners with unified data views.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Altus Group social profiles
Digital presenceAltus Group compliance and trust
Trust signalCompliance5 records
Altus Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Altus Group leadership team
Management profileNumber of profiles
Profiles12 records
Altus Group subsidiaries and ownership
Company hierarchySubsidiaries7 records
Altus Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Altus Group M&A and investment
M&A and investmentM&A9 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Altus Group
What does Altus Group do?
Altus Group provides software, data, and analytics solutions for the commercial real estate (CRE) industry. Its offerings include valuation and asset management software (ARGUS Enterprise), intelligence and benchmarking platforms, AI-assisted analytics (ARGUS Assist), and property intelligence data (Reonomy), serving CRE investors, lenders, brokers, developers, and asset managers.
Is Altus Group a public or private company?
Altus Group is a public company. It is classified as public and is currently operating.
When was Altus Group founded?
Altus Group was founded in 2005. It employs 1,001 to 5,000 people.
Where is Altus Group based?
Altus Group is headquartered in Toronto, Canada, in the North America region.
How does Altus Group make money?
Four revenue lines are on record. SaaS Subscriptions are the primary driver. The others are software Revenue, analytics-as-a-Service and valuation Advisory.
Who are Altus Group's main competitors?
Broad incumbents on record are MSCI (Real Capital Analytics), JLL (Jones Lang LaSalle), CBRE Group and Cushman & Wakefield. Direct peers are CoStar Group, Yardi Systems, MRI Software and RealPage. Walker & Dunlop is listed as a regional player. Cherre is listed as an emerging player.
Does Altus Group have an API?
No public API is recorded for Altus Group.
What industry is Altus Group in?
Altus Group's product category is Commercial Real Estate Software. Its primary akta.pro industry code is BPAJAMAB, Commercial Real Estate Asset Management. Its NAICS code is 51 and its SIC code is 7372.