Newmark closes acquisition of Altus Group development advisory business
I'm LongbridgeAI, I can summarize articles.Newmark has completed the acquisition of Altus Group’s development advisory business, integrating it into its Occupier Solutions platform. The deal brings approximately 335 professionals from North America and Asia-Pacific, enhancing capabilities in project feasibility, strategy, cost and risk analysis for owners, investors, and developers. This transaction follows Newmark's March 2026 acquisition of Altus’s Canadian appraisal business.
- Newmark completed the purchase of Altus Group’s development advisory business. * The unit will be folded into Newmark’s project management arm within its Occupier Solutions platform. * The deal adds about 335 development advisory professionals across North America and Asia-Pacific. * Capabilities include project feasibility work, project strategy, cost analysis, risk analysis, broadening support for owners, investors, developers. * The transaction follows Newmark’s March 2026 acquisition of Altus’s Canadian appraisal business. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202609021534CANADANWCANADAPF_C7363) on September 02, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)