FirstService Corporation (FSV) is a North American property services company whose news flow reflects its role in the essential outsourced property services sector. The company operates through two platforms: FirstService Residential, described as North America’s largest manager of residential communities, and FirstService Brands, one of North America’s largest providers of essential property services delivered through branded company-owned operations and franchise systems.
News about FirstService often includes financial results and capital markets updates, such as quarterly earnings releases and announcements of upcoming results. For example, the company has announced dates for releasing fourth quarter and annual results and regularly furnishes earnings press releases via Form 6-K. Dividend declarations, including quarterly cash dividends on common shares, are another recurring topic in its news.
Coverage related to FirstService Residential highlights new property management contracts, portfolio expansions, and recognition in local markets. Recent releases describe full-service management agreements for high-rise residential communities in regions such as New England, Pennsylvania, and New Jersey, as well as awards in contests like the Miami Herald’s Miami-Dade Favorites. Leadership appointments within FirstService Residential, including roles focused on master-planned communities and residential hospitality, also feature in the company’s news.
News tied to the FirstService Brands platform and subsidiaries such as Roofing Corp of America includes executive appointments and updates on service capabilities. Collectively, these items provide insight into FirstService’s growth, operational focus, and property services footprint across North America. Investors and stakeholders can use this news stream to follow developments in the company’s residential management operations, property services brands, and financial performance over time.
FirstService Residential (NASDAQ:FSV) promoted Jeffrey Poirot to Senior Vice President of its New Development Group on May 11, 2026. He will lead a growing portfolio of luxury residential and mixed-use projects in New York City and expand advisory and pre-development services.
Poirot has over 20 years of experience in luxury hospitality, property management, sales, and owner relations, and has overseen operations at high-profile properties including The Plaza Residences, 53 West 53, 432 Park Avenue, One Wall Street, 212 Fifth Avenue, and Front & York.
FirstService Residential (NYSE:FSV) has assumed management of The Code, a five-story, 178-property hotel residence community in Austin's Zilker neighborhood, developed by Pearlstone Partners with AvantStay. FirstService Residential will oversee day-to-day management, operations, and resident services for this hospitality-influenced, fully furnished residence collection.
The Code offers studios, one- and two-bedroom residences and amenities including concierge, resort-style pool, rooftop terrace, co-working and wellness spaces.
FirstService Residential (NYSE:FSV) donated $60,000 to Ann & Robert H. Lurie Children's Hospital of Chicago on May 7, 2026. Funds were raised through associates, clients, service providers and the In Good Company program; 100% of proceeds support Lurie Children's mission.
FirstService Residential also rebuilt a playground at All Star Kids Academy, unveiled May 1, 2026, in a dedication with hospital and community partners.
FirstService (TSX: FSV; NASDAQ: FSV) declared a quarterly cash dividend of US$0.305 per common share, payable July 7, 2026, to shareholders of record at the close of business June 30, 2026. The dividend is designated as an eligible dividend for Canadian tax purposes.
FirstService reports generating more than $5.5 billion in annual revenues and employing approximately 30,000 people across North America.
FirstService Residential (NYSE:FSV) announced on May 4, 2026 that Andrew (Andy) Sytnik returns as Vice President, High-Rise, based in Pennsylvania. Sytnik previously joined in 2010 and advanced to regional director in 2022. He will report to Arthur Bartikofsky and partner with regional teams and sales to strengthen high-rise operations and business development.
FirstService (FSV) reported Q1 2026 results on April 23, 2026: consolidated revenue of $1.317 billion (+5% YoY), Adjusted EBITDA $105.7M (+2% YoY) and Adjusted EPS $0.95 (+3% YoY). GAAP operating earnings were $46.7M and GAAP diluted EPS was $0.44 versus $0.06 a year earlier. FirstService Residential revenue was $545.7M; Brands revenue was $771.4M. Net earnings were $23.6M and total debt, net of cash, fell to $864.3M.
FirstService Residential (NYSE:FSV) has been selected to provide full-service property management for The Reserve at Chestnut Ridge Homeowners Association in Magnolia, Delaware, effective April 16, 2026. The amenity-rich community includes a clubhouse, pool, fitness center, playground, and walking trails.
Company leaders Michael Mendillo and Trent Harrison said the team is already working with the board and residents to deliver responsive, high-quality service and leverage FirstService Residential's resources and experience.
FirstService Residential (NYSE:FSV) has been selected as full‑service property manager for Bear Lake Reserve Owners Association in Tuckasegee, North Carolina, effective April 16, 2026.
The company will transition from providing financial services to assuming full management responsibilities, working with the board and residents to enhance operations and resident experience.
FirstService Residential (NYSE:FSV) announced Melissa Ramsey has rejoined the company as Vice President, Developer & Builder Solutions on April 14, 2026. Ramsey previously held multiple leadership roles at FirstService and will report to Ray Tate to lead planning, setup, and association launches for developers and homebuilders.
Her responsibilities include budget development, governance documentation, operational frameworks, transition planning, and partnering with sales to support business development and long‑term client relationships.
FirstService (TSX & NASDAQ: FSV) completed two tuck-under acquisitions, adding company-owned operations to its Paul Davis Restoration and California Closets business lines on April 14, 2026. Terms were not disclosed.
Paul Davis acquired its franchised operation covering Cleveland and Akron, Ohio, with existing leadership retaining ownership interest and running day-to-day operations. California Closets acquired franchised territories covering Indianapolis, Louisville, Lexington and Cincinnati, expanding owned operations across key Midwest markets and supporting the company-owned growth strategy within its ~375-location North American network.