FSR News | Association Management, Inc.

FS Energy Featured in IMT Report on Energy Disclosure and Job Creation

FirstService Energy is prominently featured in an important new energy report just released by the Institute for Market Transformation (IMT), a Washington, DC-based not-for-profit organization that promotes energy efficiency, green building and environmental protection in the U.S. and abroad. Continue reading →

Fixing a condo catastrophe without litigation

“What happens when glass from a skyscraper crashes down onto crowded Fifth Avenue? It shatters your expectations of how a condo board, a developer and an insurance company can work together to come up with a compromise solution without litigation. Turns out it’s not impossible. Hey, who knew? Continue reading →

Joining the Green Movement

Saving Money, Energy and Measuring Success:
Renaissance on the beach – Hollywood Beach, FL
204 Units • 18 Floors • High Rise
Background: Motivated by a desire to save money and decrease energy consumption, in 2009, the Management of this exclusive high rise on Hollywood Beach began exploring the pros and cons of installing variable speed pumps in their HVAC system. The building’s manager and regional director worked with Service America, who conducted extensive cost benefit analysis to determine whether the project would be feasible for this community. Satisfied that the installation would be beneficial to the community, the building’s management began the process of educating the Board of Directors and unit owners on the benefits of the system.
Challenges:

Extensive cost… Read the rest

Conservation’s Silver Lining

FS Energy is championing the cause of energy conservation and helping the real estate industry evolve in the process
Conservation’s Silver Lining
As New York’s energy needs spiked this summer amid one of the worst heat waves on record, David Kuperberg, CEO of FS Energy, knew that a good portion of that energy was simply being wasted.
The founder and CEO of Cooper Square Realty (a FirstService Corporation subsidiary and the largest residential property management company in New York City), Kuperberg says he has documented that many of the city’s buildings are terrible energy hogs. For the good of the environment and the good of his customers, he wants to make buildings more energy-efficient.
According to the Green Building Council,… Read the rest

FirstService Supports Plan to Enable Small and Large Investors to Purchase Pools of Assets from FHFA

In Response to FHFA’s REO Asset Disposition RFI the Company Espouses Need for Long-Term Investment Model and Management Infrastructure at the National and Local Level
Austin, TX – September 30, 2011 – FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), the nation’s largest property management and leasing services provider and parent company to Colliers International, First Service Residential Rental Management, Field Asset Services, and TenantAccess, today announced its support for large-scale REO sales to institutional investors and is urging the Administration to pursue a diverse approach that can support investors across a wide spectrum of size, geography, and not-for-profit affiliations.
“FirstService’s intent is to provide alternatives that are practical, scalable, and attractive to all parties in the pursuit of maximizing… Read the rest

Survey shows general satisfaction with HOAs

Contrary to a movement of anti-homeowner association sentiment at the Nevada Legislature, three-fourths of residents in HOA communities say association rules strongly or somewhat protect property values, a survey commissioned by RMI Management in Las Vegas showed.Eighty percent of respondents rated their experience of living in an HOA community as very good, good or fair, the survey found.The survey, conducted by research firm Strategic Solutions, follows contentious debate in the recent legislative session over issues such as HOA fees charged by collection agencies and liens placed on properties.
Las Vegas Review-Journal – Survey shows general satisfaction with HOAs
By Hubble Smith
“HOAs have become an increasingly hot topic, especially here in Southern Nevada,” said Kevin Wallace, president of RMI, which… Read the rest

FS Energy augments management team

FSR company, FS Energy, announced two key additions to its management team headquartered out of New York City. Chris De Weaver joins the team as the national project development manager and Joshua Smith as an energy engineer. The strategic additions are part of FS Energy’s continued growth and reflects the demand for its services among FirstService Corporation’s (TSX: FSV) managed residential properties in New York.
CEO of FS Energy, David Kuperberg states “We’re excited to add these seasoned professionals to the FS Energy management team, their experience and leadership will be crucial in the expansion of FS Energy’s services throughout New York and across all of First Service’s managed properties around the country.”
-Read more at OilandGasInvestor.com… Read the rest