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FirstService Residential-managed high-rises earn VERIFIED™ Luxury Residences designation from Forbes Travel Guide

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FirstService Residential (NASDAQ:FSV) announced that seven high-rise communities it manages have earned the inaugural VERIFIED™ Luxury Residences designation from Forbes Travel Guide. Developed by ATELIER CX, the program recognizes luxury residential properties that meet independently verified, hospitality-inspired service standards through comprehensive training and evaluation of service culture and operations.

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Market Context

After FirstService’s Q2 2026 announcement, the platform recorded a -7.41% 24-hour move, underscoring...
Analysis

After FirstService’s Q2 2026 announcement, the platform recorded a -7.41% 24-hour move, underscoring the value of separating operational recognition from reported financial catalysts. The designation adds service validation; near-term earnings sensitivity remains a comparison risk.

Key Figures

Recognized communities: 7 communities
1 metrics
Recognized communities 7 communities Inaugural Forbes Travel Guide VERIFIED Luxury Residences collection

Historical Context

5 past events · Latest: Jul 23 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 23 Second-quarter earnings Positive -7.4% Revenue, adjusted EBITDA, and adjusted EPS increased year over year
Jul 09 Earnings date notice Positive +0.6% Company scheduled second-quarter results release and conference call
Jul 08 Leadership promotion Positive -2.2% Mark Hamiter became vice president for regional community operations
Jul 06 Risk management launch Positive -0.8% Resilience First launched for community preparedness and response
Jul 01 Leadership promotion Positive +0.7% David Readinger became vice president for regional operations

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

Pattern Detected

Recent positive or informational announcements produced mixed reactions, including a -7.41% move after the latest earnings release.

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Seven residential communities recognized among the inaugural collection for their commitment to hospitality-inspired service and delivering exceptional resident experiences

DANIA BEACH, Fla., July 29, 2026 /PRNewswire/ -- FirstService Residential, the leading property management company in North America, today announced that seven residential communities it manages have earned the VERIFIED™ Luxury Residences designation from Forbes Travel Guide, the global authority on hospitality.

Developed by ATELIER CX, Forbes Travel Guide's consulting division, the designation recognizes properties committed to delivering exceptional resident experiences inspired by the world's finest hospitality brands. The program introduces independently verified service standards to residential living, establishing a new benchmark for service excellence in the property management industry.

The seven FirstService Residential-managed buildings are among the inaugural collection of properties to receive this recognition:

  • 53 West 53 | New York City, New York
  • ALINA Residences | Boca Raton, Florida
  • Jade Signature | Sunny Isles Beach, Florida
  • PIER 4 | Boston, Massachusetts
  • Residences at the Stoneleigh | Dallas, Texas
  • Residences by Armani/Casa Miami | Miami, Florida
  • The Sun Rose Residences | West Hollywood, California

The VERIFIED™ Luxury Residences designation represents a significant advancement for the residential industry. For the first time, luxury residential communities can earn recognition based on independently verified service standards, not solely architecture, amenities, or location. As luxury buyers increasingly seek personalization, consistency, and assurance of quality, the program establishes a new benchmark for residential living inspired by the world's leading hospitality brands.

To earn the designation, each property completed a comprehensive training program and verification process that evaluated its service culture, operational practices, and service delivery against the program's criteria.

"At FirstService Residential, our goal is not simply to manage properties, but to create moments that make a meaningful difference in the lives of residents," said David Diestel, chief executive officer of FirstService Residential. "We are grateful to Forbes Travel Guide and ATELIER CX for collaborating with us to innovate and bring world-class hospitality to residential living. Together, we are bringing the principles of anticipatory service to residential communities, creating experiences that feel personal, intuitive, and reflective of each property's unique character."

"Luxury today is defined not only by beautiful residences and exceptional amenities, but by how people feel every day in the place they call home," said Hermann Elger, Chief Executive Officer of Forbes Travel Guide. "The VERIFIED Luxury Residences designation recognizes communities that have embraced the service philosophy of the world's finest hotels, creating resident experiences that are thoughtful and consistently exceptional."

The designation also reflects the continued evolution of FirstService Residential's collaboration with Forbes Travel Guide and ATELIER CX to bring hospitality-inspired service principles to residential communities. Through customized standards, training, and ongoing assessments, the program establishes a framework for delivering exceptional service with consistency and accountability, while allowing each property to express its own distinctive identity and vision for residential living.

"This level of achievement is reserved for a truly exceptional group of high-rises," said Robert Smith, president of the South Region at FirstService Residential. "These communities are recognized not only for their architecture, amenities, and locations, but for the quality and consistency of the service residents receive every day. Earning the VERIFIED™ Luxury Residences designation reflects a commitment by boards and onsite teams to creating experiences that rival the world's finest hospitality brands. It reinforces each property's position among the most distinguished residential addresses in its market while delivering lasting value for residents."

Click here here to learn more.

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.

About Forbes Travel Guide and ATELIER CX
Forbes Travel Guide (FTG), the global authority on luxury hospitality, provides world-class professional services through its consulting division, Atelier CX, to service-oriented businesses including luxury residential communities, retail brands, private aviation, clubs and other experience-driven organizations. Through bespoke training solutions, custom service standards and expert evaluation services, Atelier CX helps organizations elevate service excellence and create meaningful customer experiences.

FirstService Residential is simplifying property management

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/firstservice-residential-managed-high-rises-earn-verified-luxury-residences-designation-from-forbes-travel-guide-302837364.html

SOURCE FirstService Residential

FAQ

What did FirstService Residential (FSV) announce about Forbes Travel Guide on July 29, 2026?

FirstService Residential announced that seven of its managed communities earned the VERIFIED™ Luxury Residences designation from Forbes Travel Guide. According to FirstService Residential, this recognition is based on independently verified hospitality-style service standards rather than just architecture, amenities, or location.

Which FirstService Residential-managed buildings received the VERIFIED Luxury Residences designation (FSV)?

Seven buildings received the designation: 53 West 53, ALINA Residences, Jade Signature, PIER 4, Residences at the Stoneleigh, Residences by Armani/Casa Miami, and The Sun Rose Residences. According to FirstService Residential, these properties are part of the inaugural VERIFIED Luxury Residences collection.

What is the VERIFIED Luxury Residences program awarded to FirstService Residential properties (FSV)?

The VERIFIED Luxury Residences program recognizes residential communities that meet independently verified service standards inspired by top hospitality brands. According to FirstService Residential, the program evaluates service culture, operational practices, and service delivery through training and a structured verification process.

How did FirstService Residential properties qualify for the Forbes VERIFIED Luxury Residences designation?

To qualify, each property completed comprehensive training and a verification process assessing service culture, operations, and service delivery against defined criteria. According to FirstService Residential, this process introduces hotel-style, independently verified service standards into the luxury residential living sector.

Why is the VERIFIED Luxury Residences designation important for FirstService Residential communities and residents?

The designation signals that these communities provide consistent, hospitality-inspired service and personalized resident experiences. According to FirstService Residential, it reinforces each property’s position among distinguished residential addresses while supporting lasting value for residents through higher service expectations and accountability.