FirstService Residential Rebrands and Expands National Presence
DANIA BEACH, FL (June 27, 2013) – FirstService Residential, the residential real estate service subsidiary of FirstService Corporation (NASDAQ: FSRV) (TSX: FSV), announced the rebranding of its 18 property management companies under the FirstService Residential name.
“FirstService Residential has a foundation based on a ‘best of both worlds’ philosophy marrying the strength of our vast corporate resources with the deft personal touch, local leadership and know-how of our individual property management companies,” said Chuck M. Fallon, CEO of FirstService Residential. “Bringing the FirstService Residential brand to the forefront is a progressive move in the evolution of our Company and an important part of our ambitious growth plan,” he added. “And by unifying under one powerful brand name, we can collectively showcase our market leadership, commitment to service excellence and leverage our industry-leading strengths to the benefit of current and future clients,” he concluded.
FirstService Residential is North America’s largest manager of residential communities with a client portfolio of 6,000 properties representing more than 1.5 million residential units across North America. Under the former brand structure, the management of the client portfolio was divided among the 18 subsidiaries, each operating under its own brand name. With the rebranding, each subsidiary will be renamed FirstService Residential.
About FirstService Residential
FirstService Residential is a subsidiary of FirstService Corporation, a global leader in the rapidly growing real estate services sector, one of the largest markets in the world. As the largest residential property manager in North America, FirstService Residential oversees more than 6,000 properties and 1.5 million residential units across 19 U.S. states and three provinces in Canada. The company has more than 12,000 employees driving local market expertise and managing in excess of $6 billion in budgets. For more information, visit www.fsresidential.com.
About FirstService Corporation
FirstService Corporation is a global leader in the rapidly growing real estate services sector. As one of the largest property managers in the world, FirstService manages more than 2.3 billion square feet of residential and commercial properties through its three industry-leading service platforms: Colliers International, one of the top global players in commercial real estate; FirstService Residential, the largest manager of residential communities in North America; and Property Services, a leading North American provider of essential property services delivered through company-owned operations, franchise systems and contractor networks.
FirstService generates over US$2.3 billion in annual revenues and has more than 23,000 employees worldwide. More information about FirstService is available at www.firstservice.com.
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