Altus Group

We're officially two months out from #AltusConnect2024! ⚡ From power users to power leaders, Altus Connect brings together fund and asset managers and technology and innovation leaders to discuss timely market issues, the confluence of real estate and technology, and industry trends. Join us September 16-18 in Boston to learn how we're continuing to invest in the data revolution. Register now: https://lnkd.in/gV2fmAJ8

If commercial property taxes are based on market value, why can property tax assessments go up when market values are going down? And how can you compare property taxes for different property types across different cities? We get some answers on those questions and more, as we sit down with Sandi Prendergast, a Director on Altus Group’s research team, to discuss findings from Altus Group’s US Real Property Tax Benchmark report. With over 25 years of property tax expertise, Sandi walks us through the report, shedding light on effective tax rates, assessment disparities, and actionable strategies for managing your portfolio’s tax burden. Listen to the episode: https://lnkd.in/djDZW9fG #propertytax #commercialrealestate #cre

Is a more stabilized environment on the horizon for CRE? A panel of our valuation experts recently got together to discuss commercial real estate industry sentiment and what that might mean heading into the second half of 2024. The webinar touched on a variety of topics, including current market conditions and sentiment around transaction intentions. Learn more: https://lnkd.in/guchwxdB #CRE #CommercialRealEstate #RealEstateTrends

Lease negotiations are a long and difficult process, and failure to leave adequate time to prepare may place occupiers in a disadvantaged position during negotiations. Now, more than ever, it’s crucial for occupiers to contemplate the market and approach discussions with an owner with as much negotiation power as possible. Read more: https://lnkd.in/dmerqqnM #CommercialRealEstate #LeaseNegotiations #LeaseRenewal #CRETenants

We are pleased to announce Dan Hurley as our Chief Revenue Officer! “Dan’s extensive expertise in enterprise sales and revenue management make him a strong addition to our executive team,” said Jim Hannon, Chief Executive Officer. “He joins us at a pivotal time as we bring more advanced analytics capabilities to market, and as market demand for CRE asset intelligence is increasing.” Read the press release here: https://lnkd.in/gdzJgDvr

Our Q3 CRE Industry Conditions and Sentiment Survey is now accepting responses! Complete the survey before it closes to help us understand the industry sentiment moving forward. Which property types do you expect to out- and under-perform over the next 12 months? Let us know: https://lnkd.in/gDPxfWyF #CRE #CommercialRealEstate #RealEstateTrends

We’re pleased to share our latest DEI Council Spotlight featuring Alyssa Mohammad, Senior Manager, Strategy & Transformation. Alyssa is motivated to contribute to initiatives that promote equity, open doors for underrepresented groups and nurture an inclusive environment where all individuals can flourish. Our DEI Council is comprised of global senior employees who are dedicated to fostering a more inclusive and welcoming workplace where employees feel comfortable, valued and respected. They work to review and assess our company's DEI efforts to identify areas for improvement and make recommendations for change. As one of our newest women in STEM, check out what Alyssa hopes to achieve by being a part of our DEI Council: Learn more: https://lnkd.in/gmmkFGCF #DEI #WeAreAltus #TheAltusExperience

As we reach the halfway point in the year, will US CRE overall returns remain negative? How will returns play out across the sectors? Join our experts on Thursday, August 8th for a webinar providing quarterly analysis of the #NCREIF ODCE index. What we’ll cover: - Discuss main themes in the latest market results - Bifurcate performance by yield and cash flow across property types and geography - Review unlevered property level variances across major metropolitan markets Register now: https://lnkd.in/gThkvTar #CommercialRealEstate #Webinar

Investing in amenities has become a critical strategy for property owners to boost building tenancy and net operating income at a time when vacancies are high and inaction is not an option. Deciding how much to invest and where is a significant valuation "lever" every property needs to consider. Read more: https://lnkd.in/gFK3pJad #CRE #CommercialRealEstate #OfficeAmenities

🎙 Discover the intersection of data science and real estate with Timothy H. Savage, Ph.D. CRE, clinical assistant professor at NYU Schack Institute of Real Estate! This #CREExchange podcast episode covers everything from the bifurcation of office space to the strategic importance of considering climate change and insurance in valuations. Don’t miss Tim’s perspective on the future of real estate analytics and the pressing need for the industry to accelerate its pace of adaptation. Listen to the episode: https://lnkd.in/djDZW9fG #commercialrealestate #dataanalytics #cre