Newmark Valuation & Advisory to utilize Altus Group’s cloud-enabled ARGUS Enterprise

Cloud-enabled ARGUS Enterprise includes powerful API integration, boosting reporting capabilities and supporting streamlined valuations.

Through an extensive set of application programming interfaces (“API”) as well as the ability to connect CRE datasets, sources and applications, cloud-enabled ARGUS Enterprise will provide Newmark V&A a tool to automate complex cash flow reporting requirements, increase efficiencies within the valuation process and deliver analytics to clients.

“We are committed to leveraging innovative technology to differentiate our Newmark V&A practice and work to the benefit of our clients and their portfolios,” said John D. Busi, President of Newmark V&A.

“We are pleased to be working with Newmark, one of the leading innovative real estate services providers, to support its Valuation and Advisory practice group’s technology digital enablement initiatives,” said Mike Gordon, Chief Executive Officer at Altus Group. “Their adoption of our cloud-enabled ARGUS Enterprise demonstrates support for the direction of our technology products and reflects our commitment to continuing to evolve our solutions to best serve our clients around the world.”

Altus Group surpassed a significant 1,000 customer milestone for cloud-enabled AE at the end of December of 2020, furthering the solution’s growth into an industry standard for commercial real estate valuations, asset and investment management.