Mr. Robert Courteau reports
HIGHTOWER ANNOUNCES TECHNOLOGY INTEGRATION AGREEMENT WITH ALTUS GROUP TO ENHANCE PRODUCTIVITY AND VISIBILITY FOR COMMERCIAL REAL ESTATE OWNERS
Altus Group Ltd. has entered a technology integration agreement with Hightower,
a leading end-to-end leasing management platform for the commercial real
estate industry. This agreement will provide a seamless
flow of data between Hightower's industry-leading leasing management
platform and Argus Enterprise, Altus Group's industry-standard global asset and investment management platform.
"Partnering with Altus Group unlocks a new level of productivity and
insight for our customers," said Brandon Weber, chief executive officer of Hightower. "Since
Hightower is the system of record for commercial real estate owners to
manage new and current tenants, it only makes sense that data from Argus
Enterprise is seamlessly brought in. This integration closes the loop by
showing the impact of leasing decisions on asset valuation, in
real time."
This product integration will allow customers to integrate Argus
Enterprise cash flow and valuation information with Hightower, while
budget and tenant information will be sent between Hightower and Argus
Enterprise. Not only does this solve a huge workflow challenge for many
customers, the integration will also allow Hightower and Altus Group
clients to make more informed leasing decisions by seeing how different
deals impact the valuation of their assets.
"We are excited to partner with Hightower to further provide customers
with the complete visibility they require," said Robert Courteau, CEO, Altus Group. "By enabling the connection of client
leasing management and asset management platforms, we can deliver better
insight into the impact of leasing decisions and a best-in-class
budgeting experience."
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