Concordia Named CAI‑NJ Community of the Year; Community Manager Earns Statewide Honor

FirstService Residential (NYSE:FSV) announced on March 4, 2026 that Concordia Homeowners Association in Monroe Township, NJ, was named CAI‑NJ Community of the Year (1,000+ units).

Rhea-AI Summary

FirstService Residential (NYSE:FSV) announced on March 4, 2026 that Concordia Homeowners Association in Monroe Township, NJ, was named CAI‑NJ Community of the Year (1,000+ units). Michael Canberg, General Manager of Concordia, earned the Candice Bladt Community Manager of the Year Award on Feb 19, 2026.

The honors recognize board leadership, community management excellence, and professional achievement within the Community Associations Institute's New Jersey chapter.

Argus Mar 4 session

-2.08% close to close 0.6x rel. volume Open Argus

Details

News Market Reaction – FSV

On Mar 4, the day this news came out, FSV closed 2.08% below the previous close.

Data tracked by StockTitan Argus for the Mar 4 session.

Key Figures

Community size: 1,000+ units FY2025 revenue: $5.50 billion FY2025 adjusted EBITDA: $562.8 million +5 more

Community size

1,000+ units

Concordia Homeowners Association size category for CAI-NJ award

FY2025 revenue

$5.50 billion

Full-year 2025 revenue reported in 6-K

FY2025 adjusted EBITDA

$562.8 million

Full-year 2025 adjusted EBITDA in 6-K

FY2025 adjusted EPS

$5.75

Full-year 2025 adjusted EPS in 6-K

Quarterly dividend

US$0.305 per share

Dividend after 11% increase effective April 7, 2026

Annual dividend

US$1.22

Implied annual dividend after increase from US$1.10

Shares outstanding

45,722,486

Common shares outstanding per Form 40-F

Audit fees 2025

$1,727,000

Audit fees paid to PwC in 2025 per Form 40-F

Historical Context

5 past events · Latest: Feb 24

5 events

1. Feb 24

   Marketing initiative

   24h Move

   +2.2%

   Launch of Skyline Sessions video series on luxury high-rise living.

2. Feb 18

   Product partnership

   24h Move

   +1.7%

   New resident insurance solution via FS Insurance Brokers and VIU by HUB.

3. Feb 04

   Earnings results

   24h Move

   +6.8%

   Reported FY2025 revenue growth and higher adjusted EPS and EBITDA.

4. Feb 03

   Dividend increase

   24h Move

   +0.6%

   Announced 11% increase in quarterly cash dividend per share.

5. Jan 29

   Portfolio expansion

   24h Move

   -1.8%

   Expanded active adult community footprint with seven new Southeast properties.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

EATONTOWN, N.J., March 4, 2026 /PRNewswire/ -- FirstService Residential, North America's leading residential community management company, received two prestigious honors from the Community Associations Institute's New Jersey chapter (CAI‑NJ) at its annual awards ceremony on February 19.

Concordia Homeowners Association, located in Monroe Township, New Jersey, and managed by FirstService Residential, was named Community of the Year (1,000+ units). The award recognizes association boards that demonstrate a strong commitment to advancing the community association industry through education, advocacy, and best practices. It celebrates exemplary leadership, dedication to continuous improvement, and meaningful support of the industry as a whole.

In addition, Michael Canberg, General Manager with FirstService Residential, was honored with the Candice Bladt Community Manager of the Year Award. This statewide recognition highlights Canberg's professional excellence and underscores the vital role community managers play in supporting associations and advancing CAI‑NJ's mission. Canberg serves as General Manager of Concordia.

"These honors reflect what's possible when engaged residents, committed community leaders, and an experienced management team work together with a shared vision," said Michael Mendillo, President of FirstService Residential. "The Concordia community, led by Michael Canberg, continues to set the standard for community excellence."

"On behalf of Concordia's Board and residents, we are grateful for the outstanding leadership and support provided by Michael Canberg and the entire FirstService Residential team," said Chad Henderson, Board President of Concordia. "Choosing FirstService Residential was the right decision then and remains the right decision today. Hats off to a job well done."

About FirstService Residential

FirstService Residential is simplifying property management. Its hospitality-minded teams serve residential communities across the United States and Canada. The organization partners with boards, owners, and developers to enhance the value of every property and the life of every resident.

Leveraging unique expertise and scale, FirstService serves its clients with proven solutions and a service-first philosophy. Residents can count on 24/7 customer care and tailored lifestyle programming, amenity activation, and technology for their community's specific needs. Market-leading programs with FirstService Financial, FirstService Energy, and special districts teams deliver additional levels of support. Boards and developers select FirstService Residential to realize their vision and drive positive change for residents in the communities in their trusted care.

FirstService Residential is a subsidiary of FirstService Corporation (NASDAQ and TSX: FSV), a North American leader in providing essential property services to a wide range of residential and commercial clients

View original content to download multimedia:https://www.prnewswire.com/news-releases/concordia-named-cainj-community-of-the-year-community-manager-earns-statewide-honor-302703466.html

SOURCE FirstService Residential

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What awards did FirstService Residential (FSV) receive on March 4, 2026?

Direct answer: Concordia won CAI‑NJ Community of the Year and its GM won Community Manager of the Year. According to FirstService Residential, Concordia (1,000+ units) was named Community of the Year and Michael Canberg received the Candice Bladt award on Feb 19, 2026.

What does the CAI‑NJ Community of the Year award mean for Concordia (FSV)?

Direct answer: It recognizes exemplary board leadership and association best practices. According to FirstService Residential, the award honors Concordia's board, engaged residents, and management for education, advocacy, and continuous improvement within community associations.

Who is Michael Canberg and what honor did he receive from CAI‑NJ for FSV?

Direct answer: Michael Canberg is General Manager of Concordia and earned the Candice Bladt Community Manager of the Year Award. According to FirstService Residential, the statewide honor highlights his professional excellence and contributions to association management.

When were the CAI‑NJ awards presented to Concordia and Michael Canberg (FSV)?

Direct answer: The CAI‑NJ awards were presented on February 19, 2026. According to FirstService Residential, the ceremony on Feb 19, 2026 recognized Concordia as Community of the Year and honored Michael Canberg as Manager of the Year.

How do these CAI‑NJ honors reflect on FirstService Residential (FSV)'s community management?

Direct answer: The honors indicate professional recognition of FirstService Residential's management at Concordia and its leadership. According to FirstService Residential, the awards underscore effective collaboration between residents, the board, and management and highlight operational excellence in community services.