Zonda, formerly known as Hanley Wood | Meyers Research, has acquired Belfiore Real Estate Consulting, a leading full-service residential market research firm based in the Phoenix area. The acquisition further accelerates Zonda’s reach in Arizona and enhances data and advisory services for home builders in the state.
“Zonda’s purpose is to inform, advise, and connect the next generation of housing industry experts,” says Jeff Meyers, CEO of Zonda, which also is the parent company of Builder magazine. “Our insights, data products, and advisory services help our clients stay ahead, and we look forward to further anchoring ourselves within one of the fastest-growing new home building markets.”
According to Zonda, the Arizona market has not only recovered from a COVID-19-related slump but is now thriving due to buyer migration and low mortgage rates. Belfiore Real Estate Consulting has been one of the top local providers in the Phoenix market, and the companies together will expand current offerings for home building partners.
“Prior to starting Belfiore Real Estate Consulting 15 years ago, I worked with Jeff Meyers, Tim Sullivan, and the Zonda team in various companies for a decade,” says Jim Belfiore, founder and president of Belfiore Real Estate Consulting. “Coming together to help the real estate community with our collective data and advisory services is a dream come true.”
Belfiore brings more than 20 years of industry experience to the Zonda portfolio. He founded his firm in 2006, and he and his team helped grow it into one of the top full-service residential research firms in Phoenix.
This is Zonda’s second acquisition of the year. The company acquired Bird.i, a Scotland-based startup that combines the latest satellite imagery and artificial intelligence technology to deliver land and building insights, in April.
