Bookings PressureNew Bookings expected to remain under pressure without a recovery in CRE transaction activity.
Earnings EstimatesLowered earnings estimates due to ongoing market challenges and postponed Ontario tax reassessment.
Regulatory IssuesAltus announced that it has terminated its previously-announced proposed acquisition of REVS, on the basis that despite extensive back-and-forth with the U.S. FTC, the transaction was unlikely to receive regulatory approval.