FirstService Residential Tops Miami Herald's 'Miami-Dade Favorites' for Third Consecutive Year
Rhea-AI Summary
FirstService Residential (NYSE:FSV) was named Miami-Dade's Favorite Property Management Company by The Miami Herald for the third consecutive year on Dec 15, 2025.
The firm also manages the three winners in the condos category: Gran Paraiso (Gold, second year), Quadro (Silver), and Decoplage (Bronze). Winners were featured in a publication distributed Dec 14, 2025. The awards reflect public voting and underscore FirstService Residential's market presence and resident relationships in South Florida.
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Key Figures
Market Reality Check
Peers on Argus
FSV gained 1.19% while key peers were mixed to negative: OPEN -7.08%, CWK -2.74%, COMP -1.2%, with CIGI -0.15% and NMRK +0.06%, indicating a more stock-specific move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 10 | Property win | Positive | -0.1% | New full-service management mandate for Waterside Condominium Association. |
| Dec 04 | Dividend update | Positive | +0.4% | Declared quarterly cash dividend with context on revenues and employees. |
| Dec 01 | CFO appointment | Positive | -0.5% | New CFO named for Roofing Corp of America with extensive finance experience. |
| Nov 10 | Management hire | Positive | +0.6% | Appointment of Director of Residential Hospitality for New Development Group. |
| Oct 28 | Property win | Positive | -2.0% | New management contract for Quincy Towers in New England portfolio. |
Recent positive corporate and expansion news has produced mixed reactions, with a slight tilt toward downside moves on otherwise constructive updates.
Over the past few months, FSV has reported portfolio expansions in New Jersey and New England, a management appointment in New York, and a quarterly dividend of US$0.275 per share alongside annual revenues of US$5.5 billion. Price reactions to these largely positive developments have been mixed, with three instances of negative moves and two positive. Today’s local recognition in Miami-Dade continues the theme of service- and reputation-focused news across multiple regions.
Market Pulse Summary
This announcement highlights continued recognition of FirstService Residential’s service quality in Miami-Dade, with a third consecutive win and management of all three condo-category winners. It reinforces the company’s positioning in high-end residential communities. In context of recent portfolio expansions and management hires, investors may monitor how sustained regional strength and brand awards relate to long-term occupancy, contract wins, and overall revenue trends.
AI-generated analysis. Not financial advice.
Gran
The annual contest celebrates local businesses that exemplify excellence and community trust. Winners are selected based on public votes, making this achievement a testament to the strong relationships FirstService Residential has built with residents and board members.
"We are deeply committed to the
In addition to earning the top spot in the property management category, FirstService Residential manages the three winners in the condos category:
- Gran
Paraiso (Gold, second consecutive year) – A luxury tower inEdgewater offering stunning Biscayne Bay views and resort-style amenities. - Quadro (Silver) – A boutique condominium at the gateway to the Design District, known for its art-inspired design and modern conveniences.
- The Decoplage (Bronze) – An iconic South Beach address just steps away from Lincoln Road, featuring direct beach access and an oceanfront pool.
"This triple win highlights FirstService's unique ability to manage
Winners of the 2025 Miami-Dade Favorites contest were featured in a publication distributed by The Miami Herald on December 14, 2025.
About FirstService Residential
FirstService Residential is simplifying property management. Its hospitality-minded teams serve residential communities across
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.
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SOURCE FirstService Residential