Altus Group has announced it acquired Valos, an AI-powered platform automating the property valuation and lending workflow. Its platform supports the full valuation process from instruction though to report delivery by streamlining communication, data exchange, quality control and report production across the lender-valuer ecosystem.
Mike Gordon, CEO and Chair of Altus, said, “Valos is a strong fit for Altus, expanding our capabilities in the valuation and lending workflow with AI-native technology that improves speed, accuracy and confidence in decision-making. Importantly, we’re aligned in how we think about AI: as a way to reduce friction, surface better insights and increase the impact of expert judgement. The goal is technology that helps our clients make more confident decisions while focusing their time on the work where their expertise matters most.”
Alex Kountourides MRICS, CEO and co-founder of Valos, said, “With Altus’ global scale and resources, we’re excited to accelerate our mission to deliver value to our clients. This partnership is a testament to the dedication of our team and the trust of our customers, and we look forward to shaping the future of property technology together.”
Join our community of 200,000+ real estate leaders and get weekly insights and updates with our newsletter.
*Offer ends on Friday, 7th February.
