Wentworth Property Management Changes Name to FirstService Residential

Name Change Part of North American Rebranding Effort Highlighting National Reach and Personalized Local Service
EATONTOWN, NJ (June 27, 2013) – The corporate headquarters of FirstService Residential has announced that its subsidiary, Wentworth Property Management, has been renamed FirstService Residential. This name change is part of FirstService Residential’s national rebranding effort, which took effect on June 27, 2013.
FirstService Residential is the largest manager of residential communities in North America, overseeing more than 6,000 properties and over 1.5 million residential units. The former Wentworth Property Management, an established property management leader in the Mid-Atlantic/Carolinas region, manages a client portfolio of more than 700 communities. It became a subsidiary of FirstService Residential in 1997.
"After participating in the growth and evolution of our organization from the beginning and over the last 25 years, it’s thrilling to be part of the next chapter working with an amazing team of high-rise experts,” said Arthur Bartikofsky, Senior Vice President High Rise Division NJ/PA.  “The team is now comprised of individuals, both locally and nationally, representing the collective knowledge of over 1,000 high rise communities across North America. We are very excited to take this knowledge back to every one of our clients."
Added Michael Mendillo, formerly CEO of Wentworth Property Management and now president of FirstService Residential’s Mid-Atlantic/Carolinas region, “What appealed to us from day one – FirstService Residential’s commitment to building relationships, delivering exceptional customer service and creating a true partnership – is still just as strong today.”
Mendillo also noted that the rebranding to FirstService Residential signifies a change in company name only, and all day-to-day operations will remain “business as usual.” Current property management teams will remain in place to service their existing customers, with added benefits gained from access to an expanded core of resources, combined purchasing power and shared expertise and best practices.
For more information on the rebranding in the Mid-Atlantic/Carolinas region, visit www.fsresidential.com.
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.

Michael Puzycki / mike.puzycki@fsresidential.com  / 732-963-0413
Jeanine Karp / jeanine.karp@rbbpr.com / 305-448-3754

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