FirstService Residential Unveils New King of Prussia Office

FirstService Residential (NYSE:FSV) opened a new office in King of Prussia, Pennsylvania, to serve Central Pennsylvania and nearby communities.

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Rhea-AI Summary

FirstService Residential (NYSE:FSV) opened a new office in King of Prussia, Pennsylvania, to serve Central Pennsylvania and nearby communities. The location, at 1016 W. 9th Avenue, Suite 305, King of Prussia, PA 19406, aims to strengthen local presence, service delivery, and regional employment.

A ribbon-cutting was held March 24 with company leaders, associates, clients, and industry professionals to mark the office launch and emphasize local support for property-management operations.

Argus Mar 25 session

+0.98% close to close 0.7x rel. volume Open Argus

Details

News Market Reaction – FSV

On Mar 25, the day this news came out, FSV closed 0.98% above the previous close.

Data tracked by StockTitan Argus for the Mar 25 session.

Key Figures

Full-year revenue: $5.50 billion Revenue growth: 5% Adjusted EBITDA: $562.8 million +5 more

Full-year revenue: $5.50 billion; FirstService Corporation 2025 revenue vs 2024
Revenue growth: 5%; 2025 revenue growth over 2024
Adjusted EBITDA: $562.8 million; FirstService Corporation 2025 adjusted EBITDA, up 10%
Adjusted EPS: $5.75; FirstService Corporation 2025 adjusted EPS, up 15%
Residential revenue: $2.29 billion; FirstService Residential 2025 revenue, up 7%
Residential organic growth: 4%; FirstService Residential 2025 organic revenue growth
Dividend increase: 11%; Rise in quarterly cash dividend on Common Shares
Quarterly dividend: US$0.305 per share; New quarterly dividend rate implying US$1.22 annual dividend

Historical Context

5 past events · Latest: Mar 19

5 events

Mar 19
Service award recognition

24h Move

-1.9%

12th consecutive Diamond Award for Florida community management excellence.
Mar 16
Regional award win

24h Move

+1.7%

Named South Florida’s favorite property management company in reader-voted program.
Mar 11
Meeting and earnings dates

24h Move

-2.8%

Announced April 1 shareholder meeting and April 23 Q1 2026 results release.
Mar 4
Community and manager awards

24h Move

-2.1%

Concordia HOA named Community of the Year; manager earned statewide honor.
Mar 3
Executive appointment

24h Move

-1.0%

Appointed new Chief Marketing Officer to support growth and brand evolution.

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

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03/25/2026 - 09:00 AM EDT

KING OF PRUSSIA, Pa., March 25, 2026 /PRNewswire/ -- FirstService Residential, North America's leading residential community management company, today announced the opening of its new office in King of Prussia, Pennsylvania. Serving Central Pennsylvania and surrounding communities, the new location strengthens the company's local presence and supports continued growth across its expanding property management portfolio in the region.

On March 24, FirstService Residential hosted a ribbon-cutting ceremony to celebrate the new office. The event brought together company leaders, associates, clients, and industry professionals to highlight the positive impact the office will have on local service delivery, economic activity, and employment opportunities in the area.

"We are thrilled to showcase our new King of Prussia office," said Michael Mendillo, president, FirstService Residential. "As the leader in the industry, we are committed to providing localized service, and this location further positions us to deliver for the communities we serve."

"Our associates live and work in the area," said Donna Fiore, senior vice president, FirstService Residential. "This office makes it even easier for us to bring deep resources and local expertise to the residents and boards we serve—while delivering the exceptional experience that only FirstService can provide."

The King of Prussia office is located at: 1016 W. 9th Avenue, Suite 305, King of Prussia, PA 19406.

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/firstservice-residential-unveils-new-king-of-prussia-office-302724366.html

SOURCE FirstService Residential

FAQ

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What did FirstService Residential (FSV) announce about the King of Prussia office on March 25, 2026?

They announced the opening of a new King of Prussia office to serve Central Pennsylvania. According to FirstService Residential, a ribbon-cutting was held March 24 and the office will support local service delivery and employment in the region.

How does the new King of Prussia office affect FirstService Residential's (FSV) local operations and service delivery?

It strengthens FirstService Residential's local presence and support for nearby communities. According to FirstService Residential, the office enables deeper local expertise, faster response times, and expanded support for residents and boards.

Where is the FirstService Residential (FSV) King of Prussia office located and when did the ribbon-cutting occur?

The office is at 1016 W. 9th Avenue, Suite 305, King of Prussia, PA 19406. According to FirstService Residential, a ribbon-cutting ceremony took place March 24 to celebrate the opening.

Will the King of Prussia office create jobs for the local area according to FirstService Residential (FSV)?

Yes; the company says the office will support employment opportunities in the area. According to FirstService Residential, associates who live and work locally will staff the office and bring regional expertise to clients.

What services will FirstService Residential (FSV) provide from the new King of Prussia office?

The office will offer localized residential community management and support for boards and residents. According to FirstService Residential, the location aims to deliver deep resources, local expertise, and enhanced service delivery for the region.

FirstService Residential Unveils New King of Prussia Office