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Zonda Home

From Wikipedia, the free encyclopedia
Zonda Home
IndustryPublishing
GenreCommercial property
Home construction
Founded1976; 48 years ago (1976)
FounderMichael M. Wood
Michael J. Hanley
Headquarters
Newport Beach, California
,
USA
OwnerMidOcean Partners
Websitezondahome.com

Zonda Home provides data and publications relating to commercial property and home construction in North America. The company's publications include Architect, the official magazine of the American Institute of Architects, Builder, the official magazine of the National Association of Builders (NAHB), Pool & Spa News, Journal of Light Construction, Affordable Housing Finance, and Multifamily Executive.

History

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The company was founded as Hanley Wood by Michael M. Wood and Michael J. Hanley in 1976. In August 2005, the company was sold to JPMorgan Partners (now CCMP Capital) and Wood resigned.[1]

In January 2013, the company acquired Metrostudy.[2][3]

In December 2018, the company was acquired by MidOcean Partners and merged with Meyers Research.[4][5][6]

In October 2020, the company was rebranded as Zonda Home.[4]

In April 2021, the company acquired online home search platform, BuzzBuzzHome.[7] In the same month, Zonda Home acquired Urban Analytics, a Canadian multi-family and urban data company.[8]

In February 2024, the company announced its intention to acquire Builders Digital Experience[9] and its new construction listing site, NewHomeSource.com. With this acquisition, Zonda becomes the largest provider of new construction home listings in North America.

Real estate studies

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The company produces intermittent reports on real estate markets that receive broad American media coverage. Fast Company covered a study on building lot availability,[10] MSNBC covered one on which home remodeling projects bring the most value,[11] and Boston.com covered another on the shrinking square footage of new houses.[12]

References

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  1. ^ "BIOGRAPHY Michael M. Wood". United States Department of State.
  2. ^ "Hanley Wood Acquires Metrostudy" (Press release). Business Wire. January 3, 2013.
  3. ^ Zucker, Shaina (January 4, 2013). "Hanley Wood acquires Metrostudy real estate data company". American City Business Journals.
  4. ^ a b "Hanley Wood Meyers Research Announces Company Rebrand to Zonda" (Press release). MidOcean Partners. October 13, 2020.
  5. ^ Silber, Tony (December 12, 2018). "Hanley Wood Sold To Private-Equity Firm, Merges With Research Company". Forbes.
  6. ^ Rahman, Fauzeya (December 12, 2018). "Housing market research firms Metrostudy and Meyers Research merge". American City Business Journals.
  7. ^ CARTER, MATT (April 30, 2021). "BuzzBuzzHome acquired by new home data provider Zonda". Bradley Inman.
  8. ^ McLean, Steve. "Zonda buys Urban Analytics to expand in Canada, U.S." renx.ca. Real Estate News Exchange. Retrieved 4 March 2024.
  9. ^ "Zonda Acquires BDX and the Leading Consumer Website for New Construction Home Listings". PRWeb.com. February 21, 2024.
  10. ^ Lambert, Lance (February 10, 2024). "These 4 major housing markets have ample supply while 26 are 'undersupplied'". Fast Company. New York City: Mansueto Ventures. Retrieved July 24, 2024.
  11. ^ Dickler, Jessica (May 20, 2024). "These home remodeling projects offer the highest return on investment in history, report finds". MSNBC. New York City: NBCUniversal. Retrieved July 24, 2024.
  12. ^ Woods, Eileen (August 28, 2023). "New Boston-area homes are 14% smaller than they were 5 years ago". Boston.com. Boston: Boston Globe Media Partners. Retrieved July 24, 2024.
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