FirstService

FirstService Residential Further Enhances Market Leadership Position in Florida

Retrieved on: 
Tuesday, February 27, 2024

TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that FirstService Residential, the North American property management leader, has recently acquired a controlling interest in Rizzetta & Company (“Rizzetta” or the “Company”).

Key Points: 
  • TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that FirstService Residential, the North American property management leader, has recently acquired a controlling interest in Rizzetta & Company (“Rizzetta” or the “Company”).
  • William “Bill” Rizzetta, Founder and President, will retain a significant equity stake in the Company and will continue to lead its operations.
  • Based in Tampa, Florida and founded in 1986, Rizzetta is a leading full-service provider of consulting and property management services to homeowner associations and community development districts (“CDDs”) through eight offices across Florida.
  • “This is a key transaction which broadens our service offering and capabilities as the residential property management market leader in Florida,” said David Diestel, Chief Executive Officer of FirstService Residential.

FirstService Residential has been selected to provide professional HOA management services to Horizons-Marina District Owners' Association

Retrieved on: 
Wednesday, February 21, 2024

SAN DIEGO, Feb. 21, 2024 /PRNewswire-PRWeb/ -- FirstService Residential, North America's leading community management company, has been selected by Horizons-Marina District Owners' Association as their exclusive professional management provider. FirstService Residential assumed management in February 2024.

Key Points: 
  • FirstService Residential, North America's leading community management company, has been selected to provide professional HOA services to Horizons-Marina District Owners' Association in San Diego, California.
  • SAN DIEGO, Feb. 21, 2024 /PRNewswire-PRWeb/ -- FirstService Residential, North America's leading community management company, has been selected by Horizons-Marina District Owners' Association as their exclusive professional management provider.
  • FirstService Residential has the proven experience and resources necessary to enhance the day-to-day management of our association," said Joe Minner, board president at Horizons-Marina District Owners' Association.
  • "We are thrilled to be partnering with Horizons-Marina District Owners' Association and welcoming them into the FirstService Residential family," said Amy Mathieson, president of FirstService Residential California.

FirstService Residential Leader Paula Allen Recognized as Human Resources Honoree

Retrieved on: 
Tuesday, February 13, 2024

HOLLYWOOD, Fla., Feb. 13, 2024 /PRNewswire-PRWeb/ -- Paula Allen, senior vice president of human resources at FirstService Residential, North America's leading property management company, was recently named a 2024 Honoree as part of the South Florida Business & Wealth (SFBW) Signature Awards series. Allen will be recognized during the 9th Annual Excellence in Human Resources Program at Sport of Kings Theater, Gulfstream Park, on Thursday, February 22, 2024.

Key Points: 
  • Paula Allen, senior vice president of human resources, has facilitated significant growth and built a cultural vision that empowers associates
    HOLLYWOOD, Fla., Feb. 13, 2024 /PRNewswire-PRWeb/ -- Paula Allen, senior vice president of human resources at FirstService Residential, North America's leading property management company , was recently named a 2024 Honoree as part of the South Florida Business & Wealth (SFBW) Signature Awards series.
  • Allen will be recognized during the 9th Annual Excellence in Human Resources Program at Sport of Kings Theater, Gulfstream Park, on Thursday, February 22, 2024.
  • It's made a tremendous impact on service excellence and growth at FirstService Residential."
  • With more than two decades of human resources expertise, Paula Allen focuses on forging trusted partnerships and developing highly effective teams that proactively respond to business needs.

FirstService Reports Fourth Quarter and Full Year Results

Retrieved on: 
Tuesday, February 6, 2024

TORONTO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) today announced fourth quarter and full year results for the year ended December 31, 2023. All amounts are in US dollars.

Key Points: 
  • TORONTO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) today announced fourth quarter and full year results for the year ended December 31, 2023.
  • Consolidated revenues for the fourth quarter were $1.08 billion, a 6% increase relative to the same quarter in the prior year.
  • Diluted EPS was $0.14 per share in the quarter, compared to $0.86 for the same quarter a year ago.
  • “We are pleased with our fourth quarter performance which lined up with our expectations,” said Scott Patterson, Chief Executive Officer of FirstService.

FirstService Declares 11% Increase To Quarterly Cash Dividend

Retrieved on: 
Monday, February 5, 2024

TORONTO, Feb. 05, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.225 per Common Share and declared a quarterly dividend of US$0.25 per Common Share.

Key Points: 
  • TORONTO, Feb. 05, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.225 per Common Share and declared a quarterly dividend of US$0.25 per Common Share.
  • The dividend is payable on April 5, 2024 to holders of Common Shares of record at the close of business on March 29, 2024.
  • The Company’s dividend will be US$1.00 on an annualized basis, up from US$0.90 during the past year.
  • The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.

FirstService Residential promotes Anthony Mazza and Holly Maddalena

Retrieved on: 
Thursday, January 25, 2024

IRVINE, Calif , Jan. 24, 2024 /PRNewswire-PRWeb/ -- FirstService Residential, North America's leading HOA management company, announced two recent promotions in their Orange County operations.

Key Points: 
  • IRVINE, Calif , Jan. 24, 2024 /PRNewswire-PRWeb/ -- FirstService Residential , North America's leading HOA management company, announced two recent promotions in their Orange County operations.
  • "The promotions of Anthony and Holly are a testament to FirstService Residential's commitment to professional growth within our organization," said Amy Mathieson, president of FirstService Residential California.
  • "The promotions of Anthony and Holly are a testament to FirstService Residential's commitment to professional growth within our organization," said Amy Mathieson, president of FirstService Residential California.
  • "Both of these leaders have demonstrated their commitment to exemplifying our core values, earning them continued growth and success at FirstService Residential."

FirstService Residential Texas Manages Del Webb at Union Park

Retrieved on: 
Tuesday, January 23, 2024

DALLAS, Jan. 23, 2024 /PRNewswire-PRWeb/ -- FirstService Residential Texas is pleased to announce its management partnership with Del Webb at Union Park in Little Elm, Texas. FirstService Residential proudly provides onsite staff and manages all aspects of property maintenance and daily operations for this resort-style community.

Key Points: 
  • DALLAS, Jan. 23, 2024 /PRNewswire-PRWeb/ -- FirstService Residential Texas is pleased to announce its management partnership with Del Webb at Union Park in Little Elm, Texas.
  • Del Webb at Union Park is a vibrant 55+ active adult community of single-story homes.
  • At Del Webb at Union Park, homeowners enjoy a variety of activities that suit an array of interests.
  • This new partnership between FirstService Residential Texas and Del Webb at Union Park marks an exciting time, especially to those looking for the freedom to enjoy rich life experiences with new friends and neighbors in an inviting, vibrant community.

Hennick & Company Acquires Generational Real Estate in Manhattan

Retrieved on: 
Thursday, January 11, 2024

TORONTO, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Hennick & Company, Inc. (“Hennick&Co”), a private investment firm founded by the Hennick Family, announced today that it has acquired the Bridge Tower Place Retail located at 401 East 60th Street, a significant real estate asset in Manhattan, New York for USD $153 million (the “Property”).

Key Points: 
  • TORONTO, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Hennick & Company, Inc. (“Hennick&Co”), a private investment firm founded by the Hennick Family, announced today that it has acquired the Bridge Tower Place Retail located at 401 East 60th Street, a significant real estate asset in Manhattan, New York for USD $153 million (the “Property”).
  • The Hennick Family is the founding and largest shareholder of two public companies, Colliers International Group Inc. (NASAQ: CIGI) and FirstService Corporation (NASAQ: FSV).
  • Hennick&Co invests in high quality, income producing real estate in irreplaceable locations with the aim of curating a collection of proud-to-own assets around the world.
  • Jory Hennick, Managing Director of Hennick&Co, said, “We are pleased to add the Bridge Tower Place Retail to our growing collection of premiere real estate assets.

FirstService Adds Restoration Tuck-Under Acquisitions

Retrieved on: 
Wednesday, January 10, 2024

TORONTO, Jan. 10, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) today announced that it has recently completed three restoration tuck-under acquisitions.

Key Points: 
  • TORONTO, Jan. 10, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) today announced that it has recently completed three restoration tuck-under acquisitions.
  • Founded in 2007, the company is one of the largest providers of full service commercial restoration services in Dayton and the surrounding region.
  • As with our other Paul Davis operations, these businesses are full-service restoration providers to residential and commercial properties.
  • The acquisitions complement our existing Paul Davis company-owned operations in Utah and Nevada and enhance our ability to drive growth across the Mountain States region.

FirstService to Announce Fourth Quarter and Annual Results for 2023 on February 6, 2024

Retrieved on: 
Tuesday, January 9, 2024

TORONTO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will release its financial results for the fourth quarter ended December 31, 2023 by press release on Tuesday, February 6, 2024 at approximately 7:30 am ET.

Key Points: 
  • TORONTO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will release its financial results for the fourth quarter ended December 31, 2023 by press release on Tuesday, February 6, 2024 at approximately 7:30 am ET.
  • The conference call to review these financial results will take place at 11:00 am ET on Tuesday, February 6, 2024, and will be hosted by D. Scott Patterson, CEO, and Jeremy Rakusin, CFO.
  • This call is being webcast live at the Company’s website at www.firstservice.com .
  • Participants may register for the call here https://register.vevent.com/register/BI3a29ed98b6cc4f77b35613631b9849bb to receive the dial-in number and their unique PIN.