Altus Group




MarketCap CA

CA Canada


Altus Group Limited provides software, data solutions, and independent advisory services to the commercial real estate industry in Canada, the United States, Europe, and the Asia Pacific. It operates through Altus Analytics and Commercial Real Estate Consulting (CRE Consulting) segments. The Altus Analytics segment offers ARGUS Enterprise, a commercial property valuation and asset management software; ARGUS Taliance, a real estate fund and alternative investment management software; ARGUS EstateMaster, a property development feasibility and management software; and ARGUS Developer, a real estate development pro forma and management software solution; ARGUS Voyanta, a powerful data aggregation, validation, and reporting software solution; ARGUS Acquire, a real estate acquisition deals and pipeline management software; and ARGUS ValueInsight, a commercial real estate valuation software. This segment also offers data subscription products that provide real estate information on the residential, office, industrial, and investment markets; and advisory and managed services. This segment serves equity and debt investors, valuers and appraisers, brokers, developers, banks, and public entities. The CRE Consulting segment offers real estate property tax services, including assessment reviews, management, and appeals, as well as personal property, and state and local tax advisory services; valuation services, such as appraisals of real estate portfolios, valuation of properties, due diligence, litigation, and economic consulting services; and construction feasibility study, budgeting, cost and loan monitoring, and project management services to owner operators, developers, financial institutions, and CRE asset holders and investors. The company was founded in 2005 and is headquartered in Toronto, Canada.


2005?2011: Inception under Gary Yeoman

Altus Group went public in 2005, through the merger of three Canadian commercial real estate consultancies, one of which was led by its first CEO, Gary Yeoman. Altus initially listed on the Toronto Stock Exchange as an income trust and subsequently converted into a corporation when the Canadian federal government implemented new taxes on trust distributions in 2011. The company originally focused on consulting services for the commercial real estate industry but over the years has also repositioned itself as a technology company to help clients manage their commercial real estate portfolios.In 2006, Altus Group expanded into the land surveying industry in Western Canada which formed its Geomatics business segment. The Geomatics business was subsequently spun off in 2020, into the private company called GeoVerra that combined Altus Group’s Geomatics business with WSP’s geomatics operations.In its first five years, the company expanded through acquisitions. These acquisitions primarily focused on the company’s property tax business. Altus Group’s property tax practice expanded into the UK market in 2007, with the acquisition of Edwin Hill. Expansion in the UK continued, including through the acquisition of Commercial Valuers & Surveyors in 2017. Starting in 2010, the company also grew its property tax practice in the US, mainly through the acquisitions of Brazos Tax in 2010, Complex Property Advisors in 2013, and SC&H Group’s State & Local Tax Practice in 2014. The company also expanded its cost consulting practice to the Asia Pacific region through the acquisition of Page Kirkland in 2009.The firm's’s shift to technology began with the acquisition of Argus Software in 2011. The current Altus Analytics business segment includes software, data solutions, and advisory offerings, including PricewaterhouseCoopers’s valuation management practice that was acquired in 2010. Acquiring ARGUS Software marked the first time that Altus Group entered the commercial real estate software industry.

2011?2020: Expansion into Software and Data under Robert Courteau

In 2011, Gary Yeoman stepped down as CEO and in 2012, Robert Courteau joined as the new CEO. He had previously served as president of SAP North America, an enterprise application software company. Under Courteau’s leadership, the company continued its expansion into software. In 2014, it acquired Voyanta, a data management SaaS solution for CRE investors, and in 2018, it acquired Taliance, a provider of modelling and forecasting tools for CRE investors. In 2019, it launched a cloud-supported version of its Argus Enterprise product, used as an asset and investment management platform by the commercial real estate industry.

2020?Present: "Intelligence-as-service" strategy under Mike Gordon

In September 2020, Courteau retired and was succeeded as CEO by Mike Gordon. Gordon was most recently CEO of Callcredit Information Group, a U.K.-based provider of consumer data for businesses. Under Gordon, the firm adopted an "intelligence-as-service" strategy, focused on providing solutions for managing the performance and risk of CRE assets. In 2021, it acquired two CRE data analytics providers: Stratodem, and Reonomy. It also acquired Finance Active, a provider of debt management software.In February 2022, Altus Group announced that Jim Hannon, currently President of Altus Analytics, will succeed Mike Gordon as CEO, effective April 1, 2022.

Our mission is to provide our clients with data-driven insights, advice, and market intelligence that enable them to capitalize on their real estate investments. By leveraging our expertise, technology, and resources, we create innovative solutions that take advantage of the full potential of real estate.

Our vision is to become a trusted, global provider of the highest-quality real estate advisory services, software, and data solutions. We strive to be a leader in the real estate industry by delivering exceptional customer service, unparalleled industry knowledge, and forward-thinking strategies.

Key Team

Mr. Jorge Blanco (Pres of Altus Analytics Bus. & Chief Commercial Officer)

Mr. Ernest Clark (Chief Marketing Officer)

Mr. David Ross (Chief Information Officer)

Ms. Kim Carter (Chief People Officer)

Ms. Terrie-Lynne Devonish (Chief Legal Officer & Corp. Sec.)

Ms. Camilla Bartosiewicz (Chief Communication Officer)

Mr. Walter Turney (Global Head of Sales, ARGUS)

Recognition and Awards
Altus Group has been recognized as an industry leader for our commitment to innovation, data-driven insights, and service excellence. We have been awarded various accolades from leading industry organizations, including the Technology Association of Georgia, NAREE, the Real Estate Tech Awards, CoreNet Global, and the Real Estate Investment Strategy Institute.

Altus Group
Leadership team

Mr. Jim Hannon (Chief Exec. Officer)

Mr. Angelo Bartolini (Chief Financial Officer)

Mr. Alex Probyn (Global Pres of Property Tax Bus.)

Products/ Services
Consulting, Information Technology, Real Estate, Software
Number of Employees
1,000 - 20,000
Toronto, Ontario, Canada
Net Income
20M - 100M
500M - 1B
Traded as
Social Media

Businessabc provides a global business, SMEs wiki directory blockchain, NFTs, AI powered marketplace for businesses worldwide.

Follow Us
Produced by
In collaboration with

Copyright 2023 © Businessabc powered by ztudium