[1] Further acquisitions in the residential property management business followed, including the acquisition of the Merit Companies in 2007,[3] and Planned Communities in 2008. Hennick. [4] In 2003, Hennick's father left the board of directors, as part of a general corporate governance shake-up. [9] It manages approximately 8000 communities in Canada and the United States. [1] Its initial assets were a swimming pool management company formerly owned by Hennick, and the College Pro Franchise system acquired by Hennick in 1989. [7], In 2015, FirstService spun off its Colliers International subsidiary as a commercial property as a new public company, called Colliers International. FirstService Financial and FS Insurance Brokers are affiliates of FirstService Residential and subsidiaries of FirstService Corporation. About FirstService Corporation. This segment provides its services primarily under the Paul Davis Restoration, Interstate Restoration, FirstOnSite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. Since its inception in 1989, FirstService has partnered with over 300 entrepreneurs and business leaders around the world. FirstService Corporation was founded in 1988 and is headquartered in Toronto, Canada. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 6; Compensation: 7. FirstService Corporation, together with its subsidiaries, provides residential property services to residential and commercial customers in the United States and Canada. Description. [8], FirstService is divided into two segments: FirstService Residential and FirstService Brands. [9] The company manages many Toronto high-rise condominiums, and has been involved in lawsuits with condominium boards over changes in management. In 1996, it expanded into the residential property managementbusiness with the ac… © 2020 Verizon Media. The FirstService Brands segment offers property services through 5 franchise networks; and company-owned locations, including 19 California Closets locations and 11 Paul Davis Restoration locations. Canadian Documentary Channel, The (82 per cent) Associates held at less than 50 per cent. FirstService Brands is one of North America's largest providers of essential property services delivered through individually branded franchise systems and company-owned operations. Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGS - NasdaqGS Real Time Price. FirstService Corporation, together with its subsidiaries, provides residential property services to residential and commercial customers in the United States and Canada. [8] The remaining company was focused on residential property services, and was led by D. Scott Patterson instead of Hennick. Scores indicate decile rank relative to index or region. FirstService Brands is a subsidiary of FirstService Corporation, a North American leader in the essential property services sector serving its customers through two industry leading platforms: FirstService Residential - North America's largest manager of residential communities; and FirstService Brands - one of North America's largest providers of essential property services to residential and commercial … This segment also offers a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service swimming pool and amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related services, and specialized property insurance brokerage. FirstService Company Profile. FirstService Corporation, together with its subsidiaries, provides residential property services to residential and commercial customers in the United States and Canada. "Old FSV") completed a plan of arrangement (the Spin-off") which separated Old FSV into two independent publicly "traded companies – Colliers International Group Inc. ("Colliers") and us. 1255 Bay StreetSuite 600Toronto, ON M5R 2A9Canada416-960-9566http://www.firstservice.com, Sector(s): Real EstateIndustry: Real Estate ServicesFull Time Employees: 24,000. Our reputation is a valuable asset that reflects personally on every employee. [1] It held an IPO on the Toronto Stock Exchange in 1993. The FirstService Residential segment provides property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments. It offers residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection services, as well as related services. FirstService was founded in 1989 by Jay S. FirstService Residential provides property management services to private residential communities, such as condominiums and homeowner associations. [10] Buildings managed by FirstService include The Union in New Haven, Connecticut, ViewPoint in Atlanta, Georgia, Morningside Gardens in New York City, and Ideal Lofts in Toronto, Ontario. [9], "The Franchise Company – growing in an unusual niche", "FirstService acquires 80% of Merit Companies | The Star", "FirstService expands residential portfolio", "FirstService to acquire CMN International", "Colliers, FirstService REA to merge operations", "Colliers splitting from parent to expand in commercial property", "Condo board battle: String of disputes raises questions about elected directors", https://en.wikipedia.org/w/index.php?title=FirstService&oldid=974827120, Companies in the NASDAQ Financial-100 Index, Real estate companies established in 1989, Companies listed on the Toronto Stock Exchange, Creative Commons Attribution-ShareAlike License, This page was last edited on 25 August 2020, at 07:19.

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