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= Zelman & Associates = Zelman & Associates is a financial services firm focused on the U.S. housing industry and related sectors. The firm provides macro and company-specific equity research, investment banking corporate advisory services, institutional sales, and asset management services. It is headquartered in New York City with additional offices in Cleveland and Boston. The firm was founded in 2007 by Chief Executive Officer and veteran research analyst Ivy Zelman.

Zelman Research, based in New York City, produces both macro and company-specific reports on 50+ firms in the following industries: homebuilding, building products, real estate investment trusts, mortgage insurers, title insurers, homecenters, and real estate services.

Zelman Partners is a New York-based boutique investment bank that has served as an advisor on 30+ transactions since 2011 for firms in the homebuilding industry and related industries, advising clients on buy-side and sell-side M&A, public and private equity offerings and placements, and other corporate strategic options.

Zelman Capital is a Cleveland-based asset manager. It provides portfolio manager and advisory services to private investment funds. Zelman & Associates president David Zelman serves as its Chief Investment Officer.

Accolades
CEO Ivy Zelman is a member of Institutional Investor's All-America Research Team Hall of Fame, an honor bestowed to Equity Research Analysts who have been named the top analyst of their respective coverage area a minimum of ten times. Approximately fifty analysts have attained the honor out of more than 15,000 contenders. Zelman rose to prominence as an analyst at Credit Suisse in part based on her prediction that the housing market had reached its peak in late-2004, an unpopular but prescient view at the time. Her bearishness led her to downgrade the entire sector in December 2006, shortly before she founded Zelman & Associates. She later predicted the housing market's bottom in 2012. Said Builder, "The Zelman brand now stands for precision, for timing the home building investment cycle's opportunity and risk, and for calling the market as it is, not as people wish it to be."