Newmark closes acquisition of Altus Group development advisory business

Reuters2026/09/01 17:29

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Newmark completed the acquisition of Altus Group’s Development Advisory business.
The deal adds about 335 development advisory professionals in North America and Asia Pacific to Newmark’s Project Management unit.
The business advises on real estate development decisions, including feasibility, project strategy, cost, and risk analysis.
The acquisition follows Newmark’s March 2026 purchase of Altus’ 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 PR Newswire (Ref. ID: 202609011328PR_NEWS_USPR_____NY38392) on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Newmark closes acquisition of Altus Group development advisory business

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