The industry standard for a reason. It’s hard to learn, but it’s the only way to model complex deals.

Their data is top-notch, but their advisory fees are getting pretty steep. It feels like they have a bit of a monopoly on certain types of development valuations. I wish there was more competition in the software space to keep them on their toes.

We don't just use them for appraisals; we live in their ARGUS software. It’s the language of commercial real estate. When Altus does the valuation, you know the cash flow modeling is going to be bulletproof. It’s the industry's 'source of truth'.

The most thorough audit-standard valuations in the game. If you're managing a pension fund or a REIT, you need this level of detail to keep the regulators happy. They caught a tax liability issue in our portfolio that we completely missed.

Very smart people, but sometimes they are a bit too academic. I had to spend an hour on the phone explaining why a specific local zoning change meant more than their 'macro-trend' data suggested. They listened, but it was a bit of a struggle.