FirstService Corporation reports news about a North American property services business built around two service platforms: FirstService Residential and FirstService Brands. FirstService Residential announcements commonly cover new residential community management assignments, high-rise and homeowners association portfolios, developer and builder services, customer-care programs, and regional leadership updates.
FirstService news also includes quarterly operating results, cash dividend declarations on its common shares, and corporate updates tied to its property services model. FirstService Brands provides essential property services to residential and commercial customers through company-owned operations and franchise systems, including brands such as California Closets, Paul Davis Restoration, CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors.
FirstService Residential (FSV) reported that two Texas communities it manages commemorated the 25th anniversary of September 11 by hosting memorial stair-climb events that raised more than $56,000 for charities supporting first responders, veterans and their families.
Pecan Square’s arena event generated over $16,000 for Building Homes for Heroes, while The Austonian’s 110-flight stair climb raised over $40,000 for the 100 Club of Central Texas, bringing residents, first responders and partners together in remembrance and service.
FirstService Residential (FSV) has been reselected to provide full-service property management for The Grandview Condominium Unit Owners Association in Philadelphia, restoring the community to its management portfolio.
The Grandview is a 16-story Art Deco landmark in the city’s Chinatown neighborhood, offering amenities such as a fitness center, yoga studio, meditation room, outdoor garden, dog run, and community room with kitchen. The board moved away from a self-management model to gain comprehensive operational support, industry expertise, and access to a broad resource network, including leadership for large-scale, complex construction projects within the condominium community.
FirstService Residential (FSV) has been selected to provide full-service property management for the Villas at Hunton Park Condominium Unit Owners Association in Glen Allen, Virginia. The company reports that its team is working with the board to understand priorities and offer strategic guidance, resources, and support aimed at enhancing the resident experience. Villas at Hunton Park is described as offering amenities such as a swimming pool, fitness center, and clubhouse.
FirstService Residential (NASDAQ:FSV) released a new episode of its Skyline Sessions video series, focused on the future of luxury high-rise living in Toronto. The episode convenes developers, architects, capital partners, and property management leaders to discuss how design, operations, and hospitality are redefining vertical living and luxury as a long-term operating promise. The episode is available at skylinesessions.com.
FirstService (TSX/NASDAQ: FSV) received TSX acceptance for a new normal course issuer bid (NCIB) allowing repurchases of up to 3,930,112 common shares, equal to 10% of the public float as of August 12, 2026, during the period from August 26, 2026 to no later than August 25, 2027. Purchases may be made on the TSX, alternative Canadian trading systems and NASDAQ at prevailing market prices, with NASDAQ purchases capped at 5% of outstanding shares during the 12‑month period.
The average daily trading volume on the TSX was 131,849 shares, limiting routine daily NCIB purchases there to 32,962 shares, excluding blocks. All repurchased shares will be cancelled. As of August 12, 2026, FirstService had 43,669,770 shares outstanding and a public float of 39,301,122 shares. The company also entered into an automatic share purchase plan effective August 26, 2026, to enable repurchases during blackout periods. Under the prior NCIB, FirstService bought 2,311,991 shares for cancellation at a weighted average price of US$136.87.
FirstService Residential (NASDAQ: FSV) announced it has again been selected to provide full-service property management for Riviera Towers, a luxury waterfront high-rise community in West New York, New Jersey. The board chose FirstService Residential for its resources, industry expertise, and service quality.
According to FirstService Residential, the partnership will support long-term capital-improvement initiatives and focus on high-rise operational excellence, strategic guidance, and enhancing resident experience at Riviera Towers, which features extensive amenities and views of the Manhattan skyline.
FirstService Residential (NASDAQ:FSV) announced that it has been selected to provide full-service property management for The Sonata Condominium, a contemporary 12-story luxury community in Washington, DC’s Mount Vernon Square neighborhood, comprising approximately 75 residences and offering concierge services, a fitness center, rooftop terrace, and convenient access to local amenities.
According to FirstService Residential, its East Region and MidAtlantic leadership highlight a proactive, collaborative and resident-focused management approach, emphasizing financial guidance, tailored solutions, and long-term community support for The Sonata’s board, residents, and onsite staff.
FirstService Residential (FSV) announced on August 12, 2026 that it has been selected to provide full-service property management for the Sea Colony East Phase III Condominium community in Bethany Beach, Delaware.
Sea Colony is described as a multi-use, high-rise oceanfront condominium offering amenities such as a pool, beach access, fitness center, organized programming, tennis, pickleball, and food and beverage services. According to FirstService Residential, the Sea Colony board chose the company based on its reputation and experience in Southern Delaware, and the firm plans to deliver proactive financial guidance, resident-focused service, and tailored management support to help position the community for long-term success.
FirstService Residential (FSV) has been selected to provide full-service property management for Fleet Street Condominiums, a waterfront high-rise community in National Harbor, Maryland. The company will deliver high-rise expertise, operational support, and strategic guidance in partnership with the community’s board and residents.
Fleet Street Condominiums offers concierge services, a fitness center, secure parking, and convenient access to waterfront dining, shopping, entertainment, and walking paths along the Potomac River. According to FirstService Residential, the collaboration aims to enhance operations, support the onsite team, and help the community pursue its long-term goals.
FirstService Residential (NASDAQ: FSV) released its 2026 BENCHMARK High-Rise report, analyzing operating costs and budget trends for nearly 1,500 high-rise buildings across 22 U.S. and Canadian markets. The study highlights increased reserve funding driven by updated reserve studies, aging infrastructure and rising construction costs, alongside improving insurance conditions in several markets, including premium reductions in South Florida. The report also introduces The High-Rise Standard framework, developed in part with ATELIER CX of Forbes Travel Guide, connecting operational excellence, hospitality-focused service and eligibility for Forbes Travel Guide’s VERIFIED Luxury Residences designation.