Press Releases

If you’d like to learn more about our organization, please take a look at some of our recent FirstService Residential press releases.
 

FirstService Residential Launches FS Energy’s Energy Benchmarking Program in Florida

FirstService Residential is launching the innovative cost- and energy-savings programs of affiliate FS Energy in Florida. The pilot program, which targets nearly 100 managed properties in South Florida, is projected to save about $11 million over the next year. 

Posted on Thursday November 14, 2013 read more

FirstService Acquires Curry Association Management

FirstService Corporation (Nasdaq:FSRV) (TSX:FSV) announced today that its market leading residential property management business, FirstService Residential, has acquired Curry Association Management, a division of Curry Investment Company, and Missouri's largest residential property management company. Adds Kansas City's Largest Residential Property Management Company

Posted on Tuesday October 15, 2013 read more

FS Energy Gas & Electric Purchasing Program Saves FirstService Residential Properties Millions of Dollars

FS Energy has completed its fall 2013 Energy Aggregation Purchasing Program, which leverages the buying power of FirstService Residential to lower its clients' costs for natural gas and electricity. This is the fifth aggregation program conducted by FS Energy, the energy management and advisory subsidiary of FirstService Corporation, which has saved participating properties over $6.3 million since its launch in fall 2011.

Posted on Friday September 27, 2013 read more

FirstService Residential Conference to Connect 2,000 Community Association and Industry Leaders

FirstService Residential's South Florida Conference and Exposition -- Florida's largest form for sharing community association best pracices and establishing core business releationships -- is expected to draw over 2,000 participants to the Westin Diplomat Resort & Spa in Hollywood on October 11.  Themed "Connect," the annual event connects community association board members, community association managers, industry leaders and associates, and provides them with information and tools to better manage operations and long-term association planning.    

Posted on Friday September 13, 2013 read more

FirstService Residential Keeps Energy Costs on a Tight Leash During Dog Days of Summer

Energy report cards at core of initiative to curb carbon footprint of multifamily buildings in hot spots of New York, Chicago, Miami

Posted on Monday July 29, 2013 read more

FirstService Residential Establishes $5 Million Emergency Relief Fund to Repair Properties Damaged by Flooding

FirstService Residential has announced the immediate availability of emergency funds to aid its managed properties across Calgary and Canmore, which have been affected by the province’s largest floods in history.

Posted on Tuesday July 09, 2013 read more

FirstService Residential Rebrands and Expands National Presence

Leading Residential Management Company Launches New Branding in Key North American Markets

Posted on Thursday June 27, 2013 read more

Chuck M. Fallon Named CEO of FirstService Residential

FirstService Corporation announced today that Chuck M. Fallon has been named chief executive officer of FirstService Residential, a subsidiary of FirstService Corporation, and largest manager of residential communities in North America. Fallon succeeds Gene Gomberg, who will remain with the Company as Chairman.

Posted on Monday March 25, 2013 read more

FirstService Expands into Commercial Property Association Management

FirstService Corporation today announced that its subsidiary, Merit Property Management, an operating unit of FirstService Residential, has acquired Mar West Real Estate, one of the leading providers of commercial property association management services in the western US, with operations in California, Arizona and Nevada. The acquisition adds a total of 160 commercial property associations totalling more than 50 million square feet of office, industrial and medical properties. Terms of the transaction were not disclosed.

Posted on Monday January 07, 2013 read more

FirstService Residential Establishes a $10 Million Hurricane Recovery Fund to Repair Properties Damaged by Hurricane Sandy

FirstService Residential, the largest manager of residential properties in North America, announced today the immediate availability of emergency funds to aid its 200 New York City and New Jersey area properties affected by Hurricane Sandy. While much of the property damage is still being assessed, the FirstService Residential Hurricane Recovery Fund will allow its properties to begin funding immediate repairs ahead of finalizing insurance claims, which may take months to process given the volume of claims that will result from this unprecedented storm.
 

Posted on Monday November 05, 2012 read more

FirstService Acquires Gittleman Management

FirstService Corporation announced today that its market leading residential property management business, FirstService Residential Management, has acquired Gittleman Management Corporation, Minnesota’s largest and most prestigious residential property management company.

Posted on Monday November 07, 2011 read more

FirstService Supports Plan to Enable Small and Large Investors to Purchase Pools of Assets From FHFA

FirstService Corporation, the nation’s largest property management and leasing services provider and parent company to Colliers International, First Service Residential Rental Management, Field Asset Services, and TenantAccess, today announced its support for large-scale REO sales to institutional investors and is urging the Administration to pursue a diverse approach that can support investors across a wide spectrum of size, geography, and not-for-profit affiliations.

Posted on Friday September 30, 2011 read more

FirstService Adds Simerra Property Management

FirstService Corporation today announced that its subsidiary, FirstService Residential, North America’s largest manager of residential communities, further expanded its scale and market leadership with the acquisition of Simerra Property Management Inc., one of Toronto’s largest and most respected residential property management firms.

Posted on Thursday July 14, 2011 read more

FirstService Expands its Residential Property Management Operations in Las Vegas

FirstService Corporation today announced the acquisition of Excellence Community Management, one of the
leading providers of residential property management services in the greater Las Vegas, Nevada
market. Jamie McCafferty, Founder & CEO of Excellence, will retain a significant equity stake in
the company and continue to manage its day-to-day operations.

Posted on Monday June 20, 2011 read more

FirstService Further Expands Market Leading Residential Property Management Operations

FirstService Corporation today announced it has increased the size and breadth of its market leading residential property management business in British Columbia and North and South Carolina with the acquisitions of Vancouver Condominium Services Ltd. and Abbott Enterprises Inc. The acquisitions add a total of 30,000 units to FirstService’s portfolio that includes over 4,800 properties comprising 1.2 million residential units. Terms of the two transactions were not disclosed.

Posted on Monday April 18, 2011 read more
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