Read about Zelman & Associates in the media
Monday, June 12, 2023
The housing market is stuck. Stubborn homeowners with low rates refuse to move, even as demand starts to pick back up. Homebuilders are driving ahead with more new construction homes, but is it too late to deliver the supply we so desperately needed only a year or two ago? Where is the housing market moving next, and how long will we be stuck in this standoff? Ivy successfully predicted the last housing crash, so what does she have to say about today’s market?
Watch HereWednesday, May 17, 2023
It was an exciting day as Tony joined United Homes Group to ring the Nasdaq closing bell! Congrats to UHG!
Watch HereMonday, May 15, 2023
Alex Virtue has joined Zelman as Managing Director. Based in Los Angeles, Alex will expand Zelman’s investment banking coverage in multifamily and other asset classes and will work in close collaboration with Tony McGill, senior managing director and head of Investment Banking.
Read HereTuesday, May 9, 2023
Ivy shared her thoughts on multifamily apartment rents pressure and the trajectory of housing prices. She's cautious and argued that the lack of supply on the market is not going to be a good thing. Ivy said, "demand is negatively impacted for two-thirds of the market," because about half of all homeowners have locked in mortgage rates of under 3.5% and about 90% borrowed at a rate under 5% — compared to the current national average of 6.3%.
Read HereThursday, April 27, 2023
Ivy shared her thoughts on mortgage affordability leading to a surge in the multifamily market and what she expects to see in the future. She said,"It feels like a storm is really brewing on multifamily at least in terms of pressure on lease rates, and there's just a tremendous amount of headwinds coming."
Read HereFriday, April 14, 2023
Ivy continues to make valuable contributions to the real estate industry. We are proud to announce her most recent recognition, being named one of Barron's 100 Most Influential Women in U.S. Finance for the fourth consecutive year.
Read HereFriday, March 31, 2023
Zelman served as Lead Financial Advisor and Lead Placement Agent on United Homes Group’s recent $80,000,000 Senior Convertible Note PIPE Investment in connection with its reverse merger with DiamondHead Holdings Corp. United Homes Group is one of the largest homebuilders in the Southeast focused on entry level and first-time move-up home buyers, employing a capital efficient “land-light” operating model. Great Southern Homes trades on the Nasdaq as United Homes Group (Ticker Symbol: "UHG").
Read HereFriday, March 31, 2023
Zelman served as exclusive M&A buy-side adviser to DiamondHead Holdings Corp. in connection with its recently closed acquisition of Great Southern Homes, Inc. at an enterprise value of approximately $600 million, creating the industry’s third publicly-traded “land light” homebuilder. Great Southern Homes trades on the Nasdaq as United Homes Group (Ticker Symbol: "UHG"). United Homes Group is one of the largest homebuilders in the Southeast focused on entry level and first-time move-up home buyers, employing a capital efficient “land-light” operating model. This transaction is the largest private builder m&a transaction since 2014, the first homebuilder reverse merger since 2020 and only the third homebuilder to go public since 2014.
Read HereWednesday, March 29, 2023
Home sweet home? Not necessarily. Alan was live on 'Squawk on the Street' and spoke about his concern over weakness in the housing market in the quarters ahead despite the near-term pullback in mortgage rates.
Watch HereWednesday, March 22, 2023
Alan joined ‘Closing Bell: Overtime’ to discuss KB Home’s numbers and the challenges faced by homebuilders. Alan remarked, "we definitely see signs of stabilization in the housing market."
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