Company Website:
https://www.gethightower.com/?utm_campaign=Argus%20Release&utm_source=Argus%20Release
NEW YORK -- (Business Wire)
Hightower,
a leading end-to-end leasing management platform for the commercial real
estate industry, today announced a technology integration agreement with Altus
Group Limited (“Altus Group”) (TSX:AIF), a leading provider of
independent advisory services, software and data solutions to the global
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.
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“Partnering with Altus Group unlocks a new level of productivity and
insight for our customers,” said Brandon Weber, CEO 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, Chief
Executive Officer, 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.”
About Hightower
Hightower is the leading end-to-end leasing management platform for the
commercial real estate industry. Hightower helps owners and brokers save
time, improve visibility, and reduce risk in their portfolio. Founded in
2013, Hightower has thousands of customers from around the world using
its platform, with enterprise customers including Vornado, CBRE, NGKF,
Beacon Capital, Shorenstein and more.
About Altus Group Limited
Altus Group Limited is a leading provider of independent advisory
services, software, and data solutions to the global commercial real
estate industry. Our businesses, Altus Analytics and Expert Services,
reflect decades of experience, a range of expertise, and
technology-enabled capabilities. Our solutions empower clients to
analyze, gain market insight and recognize value on their real estate
investments. Headquartered in Canada, we have approximately 2,300
employees around the world, with operations in North America, Europe and
Asia Pacific. Our clients include some of the world’s largest real
estate industry participants across a variety of sectors. Altus Group
pays a quarterly dividend of $0.15 per share and our securities are
traded on the TSX under the symbols AIF and AIF.DB.A. For more
information on Altus Group, please visit: www.altusgroup.com.
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Contacts:
Hightower
Katie Christ, 914-266-0860
Marketing Manager
katie@gethightower.com
or
Altus
Group Limited
Ali Mahdavi, 416-234-3660
Investor Relations
ali.mahdavi@altusgroup.com
or
Jeff
Hayward, 416-234-4212
Vice President, Marketing
Altus Analytics
jeff.hayward@altusgroup.com
Source: Hightower
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