Zonda, the parent company of BUILDER and MULTIFAMILY EXECUTIVE magazines, announced today that it has acquired Urban Analytics, a Vancouver, British Columbia-based multifamily and urban market data and analytics firm.
Urban Analytics has provided real estate data for developers, planners, financial institutions, and other industry stakeholders in the Vancouver, Calgary, and Edmonton real estate markets for 25 years, as well as interpretive tools and intelligence services. “Our market-leading data platform provides clients with current market conditions, including price and buyer trends, as well as proven anticipated movements, such as contemplated projects, allowing them to make better and more educated decisions,” says Jon Bennest, principal of Urban Analytics.
This move follows Zonda’s acquisition of satellite imagery and artificial intelligence technology company Bird.i and residential market research firm Belfiore Real Estate Consulting in 2020.
“Expanding Zonda’s reach into Canada and the U.S. multifamily and urban markets has always been a long-term strategy for us, and we are doing just that with the acquisition of Urban Analytics,” says Jeff Meyers, CEO of Zonda. “We welcome Urban Analytics to the family and look forward to integrating its indispensable urban-focused data into our platforms. There is no platform like it in the U.S.”
Following its acquisition of Urban Analytics, Zonda intends to expand its existing client base into major Canadian markets, including Toronto, Montreal, and Ottawa, and add multifamily and urban market coverage to its existing data in the U.S.
“This is an exciting day for Urban Analytics,” says Michael Ferreira, managing principal of Urban Analytics. “Being a part of Zonda strengthens our position in Canada and will allow U.S. clients to take advantage of the unique urban data we offer.”