FirstService Residential assumes leadership position in the
Greater Toronto Metropolitan Area,
the top urban development market in North
America
TORONTO, April 4,
2023 /CNW/ - FirstService Residential, a Great Place
to Work™ certified organization and North America's leading residential property
management company, announced the acquisition of Toronto-based Crossbridge Condominium
Services.
This transaction cements FirstService as the leader in the
flagship market of Toronto.
According to David Diestel, the
company's chief executive officer, Crossbridge is the premier
residential property management firm serving the Greater Toronto Area ('GTA'). "We are thrilled
to welcome Sandro Zuliani and the
Crossbridge team to FirstService Residential. We share a commitment
to service and to bringing value to condominium corporations. Now
together, we will be leveraging our global scale and combined
industry relationships to provide our managed communities
unrivalled resources and the best talent in the market to serve
them."
Founded in 1996, Crossbridge is the leading residential
management company in Ontario
managing a marquee portfolio of condominium corporations across the
GTA. Day-to-day operations will continue under current President
Sandro Zuliani and his management
team. "This acquisition represents a tremendous opportunity for us
to accelerate our success and continue to provide exceptional value
to our clients. I am excited for our clients and for the future of
our associates as part of the FirstService Residential team."
"We will be working closely with Crossbridge's leadership team
to unlock opportunities for their associates and clients to benefit
from FirstService Residential's unparalleled operating expertise as
well as value added programs," said John
Brea, president, North region. "These programs include
client-focused technology, associate training and development
programs, and energy programs to name a few."
ABOUT FIRSTSERVICE RESIDENTIAL
FirstService Residential is North
America's property management leader, partnering with more
than 9,000 properties representing more than 1.8 million
residential units across the U.S. and Canada. In the Ontario region, FirstService Residential now
manages nearly 800 communities. With an unmatched combination of
industry experience, resources, and local market expertise, board
members and building owners rely on FirstService Residential to
deliver exceptional, personalized client service and solutions that
enhance the value of every property and the lifestyle of every
resident in the communities it manages. A certified Great Place to
Work™, FirstService Residential is a subsidiary of
FirstService Corporation (NASDAQ: FSV) and (TSX: FSV), a North
American leader in providing essential property services to a wide
range of residential and commercial clients.
https://www.fsresidential.com/ontario
SOURCE FirstService Residential
