FirstService

FirstService Declares Quarterly Cash Dividend on Common Shares

Retrieved on: 
Tuesday, May 9, 2023
TSX, FirstService, Indian stock exchange, FSV, Holding company

TORONTO, May 09, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of US$0.225 per Common Share.

Key Points: 
  • TORONTO, May 09, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of US$0.225 per Common Share.
  • The dividend is payable on July 7, 2023 to holders of Common Shares of record at the close of business on June 30, 2023.
  • The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.

Hillwood Communities Wins Multiple Awards, including Developer of the Year, at 2023 McSAM Awards

Retrieved on: 
Thursday, April 27, 2023
FirstService, Town, Partnership, The Statler Hotel & Residences, Life, Friends, Marketing, Culture, Choice, Recognition, Town square, Hillwood, Logie Award for Most Popular Lifestyle Program, Union Park, Community, Award, Architecture, Film industry, DALLAS, DFW, HOA

DALLAS, April 27, 2023 /PRNewswire-PRWeb/ -- Hillwood Communities, the award-winning master-planned residential and mixed-use developer based in Dallas, was honored with 15 McSAM Awards during a ceremony hosted by the Dallas Builders Association on April 22nd at The Statler Hotel. Topping the list of awards, Hillwood Communities was selected as the Dallas-Fort Worth Developer of Year for the second consecutive year. In addition, the developer also achieved its third consecutive year wins in the categories of Master-Planned Community of the Year, People's Choice Community of the Year, Best Community Amenity, Lifestyle Director of the Year, and Lifestyle Program of the Year.

Key Points: 
  • As an award-winning master-planned residential and mixed-use developer based in Dallas, Hillwood Communities was selected as the Dallas-Fort Worth Developer of Year for the second consecutive year, topping the long list of other wins at this year's McSAM Awards.
  • DALLAS, April 27, 2023 /PRNewswire-PRWeb/ -- Hillwood Communities, the award-winning master-planned residential and mixed-use developer based in Dallas, was honored with 15 McSAM Awards during a ceremony hosted by the Dallas Builders Association on April 22nd at The Statler Hotel .
  • Topping the list of awards, Hillwood Communities was selected as the Dallas-Fort Worth Developer of Year for the second consecutive year.
  • Their master-planned communities help set benchmarks for quality, innovation, and lifestyle in new home communities.

FirstService Reports Very Strong First Quarter Results

Retrieved on: 
Wednesday, April 26, 2023
TSX, FirstService, Growth, EPS, EBITDA, Adjustment, FSV, GAAP

TORONTO, April 26, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) today reported operating and financial results for its first quarter ended March 31, 2023. All amounts are in US dollars.

Key Points: 
  • TORONTO, April 26, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) today reported operating and financial results for its first quarter ended March 31, 2023.
  • Consolidated revenues for the first quarter were $1.02 billion, up 22% relative to the same quarter in the prior year, including 17% from organic growth.
  • GAAP diluted earnings per share was $0.36 per share in the quarter, versus $0.32 in the same quarter a year ago.
  • “We are very pleased with our first quarter, building upon the strong results we delivered in Q4,” said Scott Patterson, Chief Executive Officer of FirstService.

FirstService Residential Texas is Named a Great Place to Work®

Retrieved on: 
Tuesday, April 25, 2023
FirstService, Life, Great Places, Culture, Nursing, Management, Difference

DALLAS, April 25, 2023 /PRNewswire-PRWeb/ -- FirstService Residential Texas Earns Great Place to Work Certification™

Key Points: 
  • FirstService Residential Texas has been Certified™ by Great Place to Work®, global authority on workplace culture, on its first pursuit of this prestigious award.
  • FirstService Residential Texas (FirstService Residential) has been Certified™ by Great Place to Work® on its first pursuit of this recognition.
  • Great Place to Work® is the global authority on workplace culture, employee experience, and leadership behaviors proven to deliver market-leading revenue, employee retention, and increased innovation.
  • In 2022, FirstService Residential hired nearly 10,000 associates, 1,000 of which were re-hires welcomed back into the company fold.

FirstService Announces Election of Directors

Retrieved on: 
Thursday, April 6, 2023
TSX, FirstService, FSV, Holding company

TORONTO, April 06, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV) (NASDAQ: FSV) (“FirstService”) today announced that at its annual and special meeting of shareholders, held virtually earlier today, the eight director nominees listed in FirstService’s management information circular dated February 27, 2023 (the “Circular”) were elected as directors of FirstService.

Key Points: 
  • TORONTO, April 06, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV) (NASDAQ: FSV) (“FirstService”) today announced that at its annual and special meeting of shareholders, held virtually earlier today, the eight director nominees listed in FirstService’s management information circular dated February 27, 2023 (the “Circular”) were elected as directors of FirstService.
  • Directors have been elected to serve until the close of the next annual meeting of shareholders.
  • The detailed results of the vote are set out below.

FirstService Residential Solidifies Market Leadership Position in Greater Toronto Metropolitan Area

Retrieved on: 
Wednesday, April 5, 2023
FirstService, Acquisition, Greater Toronto Area, TSX, Growth, FSV, Property management, Sliding filament theory

TORONTO, April 05, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that FirstService Residential, the North American property management leader, has recently acquired Crossbridge Condominium Services Ltd. (“Crossbridge”).

Key Points: 
  • TORONTO, April 05, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that FirstService Residential, the North American property management leader, has recently acquired Crossbridge Condominium Services Ltd. (“Crossbridge”).
  • The acquisition cements FirstService Residential as the market leader in the Greater Toronto Area, the third largest metropolitan area across the U.S. and Canada and also one of the fastest growing high-rise urban markets in North America.
  • “We are delighted to welcome Sandro Zuliani and the Crossbridge team to FirstService Residential.
  • We share a commitment to service and delivering exceptional value to our condominium corporation clients,” said David Diestel, FirstService Residential CEO.

FirstService Corporation Announces Upcoming Meeting and Financial Reporting Dates

Retrieved on: 
Tuesday, March 28, 2023
FirstService, Firefox, First, Internet, PIN, Special, Webcast, CFO, TSX, FSV, LUMI, Exploration, Online shopping, Chrome, Shareholder

TORONTO, March 28, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will hold its Annual and Special Meeting of Shareholders on Thursday, April 6, 2023 at 11:00 a.m. ET. The meeting will be webcast live and can be either accessed via FirstService’s website at www.firstservice.com in the “Investors” section under the “Newsroom” tab prior to the meeting or by accessing the LUMI AGM platform directly at https://web.lumiagm.com/#/m/475785240. Shareholders wishing to attend the virtual general meeting must log in via the LUMI AGM platform link above, using the password “firstservice2023”. Registered shareholders will additionally need to enter their control number (received with the Notice of Meeting). Please ensure the browser on your device has the latest version of Chrome, Safari, Edge or Firefox. Internet Explorer and mobile devices are not supported.

Key Points: 
  • The meeting will be webcast live and can be either accessed via FirstService’s website at www.firstservice.com in the “Investors” section under the “Newsroom” tab prior to the meeting or by accessing the LUMI AGM platform directly at https://web.lumiagm.com/#/m/475785240 .
  • Shareholders wishing to attend the virtual general meeting must log in via the LUMI AGM platform link above, using the password “firstservice2023”.
  • Registered shareholders will additionally need to enter their control number (received with the Notice of Meeting).
  • FirstService also announced that its financial results for the first quarter ending March 31, 2023 will be issued by press release on Wednesday, April 26, 2023 at approximately 7:30 am ET.

FirstService Residential Earns Great Place to Work Certification™

Retrieved on: 
Monday, March 27, 2023
FirstService, Life, Great Places, Culture, Management, Difference

DANIA BEACH, Fla., March 27, 2023 /PRNewswire-PRWeb/ -- FirstService Residential, North America's property management leader, has been Certified™ by Great Place to Work® on its first pursuit of this recognition. The prestigious award is based exclusively on what the company's 17,000 associates throughout the U.S. and Canada say about the experiences and opportunities working at the company.

Key Points: 
  • FirstService Residential, North America's property management leader, has been Certified™ by Great Place to Work® on its first pursuit of this recognition.
  • DANIA BEACH, Fla., March 27, 2023 /PRNewswire-PRWeb/ -- FirstService Residential, North America's property management leader, has been Certified™ by Great Place to Work® on its first pursuit of this recognition.
  • Great Place to Work® is the global authority on workplace culture, employee experience, and leadership behaviors proven to deliver market-leading revenue, employee retention, and increased innovation.
  • "As a certified great place to work, FirstService Residential supports our associates in their roles so they are empowered with the information, tools, and resources they need to deliver on our mission and values."

Paul Davis Restoration Expands Company-Owned Operations

Retrieved on: 
Thursday, March 23, 2023
TSX, Growth, Partnership, FirstService, Acquisition, FSV, Cryptocurrency

TORONTO, March 23, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that Paul Davis Restoration has recently added to its company-owned platform with the acquisition of its franchised operation serving the Houston, Texas, Raleigh, North Carolina and Nashville, Tennessee markets.

Key Points: 
  • TORONTO, March 23, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that Paul Davis Restoration has recently added to its company-owned platform with the acquisition of its franchised operation serving the Houston, Texas, Raleigh, North Carolina and Nashville, Tennessee markets.
  • The owner will retain an equity interest in the business and continue to lead the existing management team in overseeing day-to-day operations.
  • The acquired operations constitute one of the largest franchises in the Paul Davis network and render a full range of remediation and restoration services to residential, commercial, and institutional property owners and property managers.
  • “We are excited to be further cementing our partnership with this highly-regarded Paul Davis leadership team and operation,” said Rich Wilson, CEO of Paul Davis Restoration.

FirstService Residential Expands into South Lake Tahoe with Management of Tahoe Keys Property Owners Association

Retrieved on: 
Tuesday, February 28, 2023
Tahoe Keys, California, Professional, Tennis, Basketball, FirstService, Property management, Hotel, HOA

SACRAMENTO, Calif., Feb. 28, 2023 /PRNewswire-PRWeb/ -- FirstService Residential, North America's leading HOA management company, is now providing professional management services for Tahoe Keys Property Owners Association in South Lake Tahoe, California. FirstService Residential assumed management on February 1, 2023.

Key Points: 
  • Tahoe Keys Property Owners Association in South Lake Tahoe, California Selects FirstService Residential
    SACRAMENTO, Calif., Feb. 28, 2023 /PRNewswire-PRWeb/ -- FirstService Residential, North America's leading HOA management company, is now providing professional management services for Tahoe Keys Property Owners Association in South Lake Tahoe, California.
  • "After completing an extensive search, the Board of Directors is very pleased with our selection of FirstService Residential as our new property management partner.
  • Nestled along the shore of Lake Tahoe, the 1,528-home recreational-oriented community offers numerous resident amenities and stunning views.
  • "FirstService Residential is honored to have been selected to serve Tahoe Keys Property Owners Association, a marquee and prestigious community in South Lake Tahoe," said Shane Gillaspie, executive vice president of the Northern California division of FirstService Residential.