
Commercial real estate valuation and appraisal advisory services
Strengthen investor confidence with a valuation process that is independent, efficient, transparent, and widely adopted by your industry peers.
Minimize tedious and manual work, risk and errors, and onboarding costs while retaining top talent and refocusing them on high-value work.
Altus Group streamlines your valuation workflows, ensures compliance and delivers the intelligence you need for strategic decision-making.
Commercial real estate valuation services establish the current market value of income-producing property for investment, lending, financial reporting and audit purposes. Altus Group provides independent CRE appraisal alongside full valuation management, covering appraisal review, equity and debt valuations, and end-to-end process administration for more than 350 funds worldwide.
20,000+
CRE assets valued per quarter under valuation management
>$1T
of CRE assets under management valued per quarter
350+
CRE funds supported globally across equity and debt
22/25
NCREIF ODCE funds under valuation management
What do commercial real estate valuation and appraisal services include?
Commercial real estate valuation and appraisal services cover three things: independent opinions of value on individual assets, review of appraisals prepared by third parties, and management of the valuation programme across a portfolio. A CRE appraisal produces a value conclusion for one asset at one date. Valuation management covers everything around it, from data collection and review controls through to investor and audit reporting.
Which combination you need depends on how the portfolio is structured and who relies on the numbers. Fund managers reporting to institutional investors need a defensible, repeatable process. Lenders need collateral values that stand up to FIRREA and USPAP scrutiny. Owners preparing for a sale or a refinancing need a supportable conclusion and a clear view of the methodology behind it. The six service areas below map to those different needs.
Our services
Independent, end-to-end commercial real estate valuation services tailored to your strategy
Altus Group delivers commercial property valuation services across equity, debt, fund and single-family rental mandates. Clients either outsource the valuation function entirely or run it in-house on our technology. Coverage spans more than 20,000 CRE assets each quarter and over $1 trillion in assets under management, including 22 of the 25 NCREIF ODCE funds.
We provide the full range of valuation advisory services to help fund managers, portfolio managers, asset managers, and internal valuation teams navigate complexity, reduce risk, and deliver consistent, defensible outcomes across asset classes and investment structures.
Our team
Meet our team

Robby Tandjung
EVP, Global Head - Valuation Advisory

Alexander Jaffe
Regional Lead, Valuation Advisory

Jorge Parades
Senior Director, Valuation Advisory

Nicolas Le Goff
Director, Valuation Advisory, EMEA

Phil Tily
SVP, Head of Performance Analytics, Valuation Advisory

Rajinder Singh
Senior Director, Valuation Advisory, APAC
WHY ALTUS
Leverage our CRE expertise and practice
The Altus Group CRE valuation practice pairs a global network of 350+ accredited specialists with the ARGUS Intelligence Platform. Credentials span AACI, MRICS, MAI, CRE and FRICS designations across North America, EMEA and APAC. That combination lets clients keep local market judgement while running one consistent valuation standard across an international portfolio.
1. Global and local
Connect with a trusted professional from our global network of 350+ accredited real estate specialists (AACI, MRICS, MAI, CRE, FRICS).
2. Expert-led consultation
Our team works with you to address your unique challenges across any asset or fund type, whether debt or equity.
3. Solution validation
We draw upon insights from advising 350+ funds globally to design a solution that aligns with your core objectives.
4. Long-term partnership
From setup to ongoing management, our valuation solutions help streamline operations and drive strategic decisioning.
CAse studies
Explore the case studies below
We provide valuation support to equity and debt funds of all types and sizes, including closed-end, separate accounts and non-traded REITs.
Each of the studies below documents a measurable outcome from an independent valuation engagement, including a closed-end fund that streamlined investor reporting and an open-ended fund that cut valuation cycle time by 50%.
External valuation management drives value
This closed-end fund improved efficiency for their asset managers while streamlining investor reports.

Combining technology and expert services to streamline a new fund
Greystar improved model consistency and enhanced projection accuracy by combining ARGUS technology with Advisory support.

How valuation process improvements support long term goals
This open-ended fund cut valuation time by 50% using Altus Advisory and ARGUS ValueInsight.
Optimizing valuation processes saves days of work
LaSalle Investment Management cut weeks of manual work each quarter by centralizing valuation workflows with ARGUS ValueInsight.

Building investor confidence through independent valuations
This growing firm strengthened credibility and redirected staff to core asset management by partnering with Altus.

Commercial real estate valuation and appraisal: frequently asked questions
What are commercial real estate valuation services?
What is the difference between a CRE appraisal and valuation management?
Who uses independent commercial property valuation services?
How often should commercial real estate assets be revalued?
What does commercial real estate appraisal review involve?
Can Altus Group manage valuations across multiple markets and asset classes?
Product insights
Industry trends and market analysis








