FirstService Residential Acquires Core Real Estate Group
Acquisition expands FirstService Residential's footprint in Edmonton, Alberta, and Western Canada
EDMONTON, AB, May 8, 2025 /CNW/ - FirstService Residential announced the acquisition of Edmonton-based Core Real Estate Group.
Core Real Estate Group, serving residential properties in Edmonton since 2011, manages more than 15,000 residential units. The acquisition brings the number of residential units under FirstService management in Canada to more than 250,000, reinforcing FirstService's leadership position in property management in Canada.
"We are proud to welcome Core Real Estate Group to our organization," said David Diestel, chief executive officer of FirstService Residential. "This partnership with David Brown and his team is key for us as we continue to invest and expand our presence in Western Canada. Together, we will bring new local expertise and our scale to benefit the communities that we serve."
"Our shared commitment to customer-focused service and innovation will help us better serve these residential communities," said Glenne Manlig, president of FirstService's operations in Alberta. "As one example, our new communities will leverage our Resident Support Services team and technology to respond quickly to questions from residents, allowing community managers to focus on projects that are important for our managed communities in Edmonton."
"We are excited to partner with FirstService," said David Brown, founder of Core Real Estate Group. "Our team will be joining a Great Place To Work® and a company listed as one of Canada's Best Workplaces™. Our customers will benefit from combined expertise, industry-leading best practices, and property management resources, further enhancing the level of service they receive.
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 andTSX: FSV), a North American leader in providing essential property services to a wide range of residential and commercial clients.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
10 hours ago
- Cision Canada
SILVER VIPER COMPLETES ACQUISITION OF CIMARRON GOLD-COPPER PROJECT
VANCOUVER, BC, June 20, 2025 /CNW/ - Silver Viper Minerals Corp. (" Silver Viper" or the " Company") (TSXV: VIPR) (OTC: VIPRF) is pleased to announce that, further to its news release dated May 8, 2025, the Company has acquired the Cimarron Project in Sinaloa, Mexico, a property hosting a porphyry gold-copper system (the " Transaction"), from CSAC Holdings Inc. (" CSAC"). Pursuant to the terms of a purchase agreement dated May 8, 2025, between the Company, CSAC and all of the shareholders of CSAC (the " Vendors"), Silver Viper acquired all of the outstanding common shares of CSAC from the Vendors in exchange for 9,000,000 common shares at a deemed price of $0.20 per share, of Silver Viper (the " Shares"). The Shares issued to the arm's length Vendors are not subject to a hold period under applicable Canadian securities laws and no finders' fees were paid in connection with the Transaction. Highlights of the Cimarron Project The Cimarron Project is located on the prolific porphyry belt from Arizona to Jalisco and is situated in the well-established mining jurisdiction of Mexico. The Cimarron Project lies between Mazatlán and Rosario in Sinaloa and is accessible via an 11-kilometre dirt road from a nearby paved road. The area is relatively flat, with low topographic contrast, supporting ease of access. An electrical line passes one kilometre south of the property. The nearby towns of Rosario—a historic mining community—and Mazatlán provide access to skilled local labour. Qualified Person The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Ben Whiting, a Qualified Person as defined in NI 43-101. About the Company Silver Viper Minerals Corp. is a Canadian-based junior mineral exploration company focused on precious metals exploration in Mexico. The Company is the operator and 100% owner of the La Virginia Gold-Silver Project in Sonora. The Company continues to evaluate and advance mineral exploration opportunities across key mining jurisdictions in Mexico and acquired the Cimarron Project in Sinaloa, Mexico in June 2025. ON BEHALF OF THE BOARD OF DIRECTORS, Steve Cope President and CEO Follow us on social media: X: @SilverViperCorp LinkedIn: Silver Viper Minerals Corp. Facebook: Silver Viper Minerals YouTube: @SilverViperMinerals Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information This news release includes forward-looking statements that are subject to inherent risks and uncertainties. All statements within this news release, other than statements of historical fact, are to be considered forward looking and include, without limitation, any statements respecting future plans for the Cimarron Project. Although Silver Viper believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those described in forward-looking statements. Factors that could cause actual results to differ materially from those described in forward-looking statements include fluctuations in market prices, including metal prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. SOURCE Silver Viper Minerals Corp.
Vancouver Sun
10 hours ago
- Vancouver Sun
Vancouver could see 'real impacts on service levels' with budget-tightening: Internal memo
Vancouver residents could see reductions in service levels as a result of city council's direction this week to tighten the budget, the city manager advised staff in an internal memo obtained by Postmedia News. On Thursday, Vancouver city manager Paul Mochrie emailed municipal staffers across departments, notifying them the city is 'implementing immediate measures across the city,' including delaying 'non-essential hiring' and restricting spending on travel, training, equipment and external service contracts. Mochrie's email came one day after council directed city staff to find efficiencies for next year's budget to reduce pressure on property taxes. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. Against a 'backdrop of escalating costs,' council has asked city staff to figure out how to mitigate tax and fee increases for residents and businesses, Mochrie wrote. He noted that 'some scenarios may involve real impacts on service levels, operational budgets and future capital plan investments.' Mochrie wasn't available for an interview Friday, but responded to Postmedia by email, saying: 'Although we are aiming to protect direct public services as far as possible, we expect that deferred hiring and other interim expenditure reductions will impact department operations. It is too early to identify specific departments or quantify potential impacts.' A challenging financial environment has put pressure on both public and private sector employers in B.C. and across the continent . Seattle City Hall has had a hiring freeze in place since last year, and in April, staff were instructed to reduce or eliminate spending in several areas, The Seattle Times reported . Earlier this month, The Ottawa Citizen reported that the City of Ottawa is freezing hiring and spending. Other North American cities have implemented similar measures. Mochrie said that while Vancouver is 'implementing immediate restrictions on hiring and other expenditure control measures,' this does 'not amount to a full hiring freeze.' 'Through the remainder of 2025, we will continue to fill vacant positions as necessary to avoid significant reductions in services to the public,' Mochrie wrote. It wasn't immediately clear which types of positions would be deemed 'non-essential' or 'necessary.' Earlier this week, the city's finance department delivered a mid-year budget update to council, projecting that maintaining existing service levels and planned infrastructure investments for the 2026 budget would likely mean a property tax increase between six and seven per cent. At Wednesday's council meeting , Mayor Ken Sim said local residents and businesses can't bear further tax increases right now, and introduced a motion directing staff to prepare budget 'scenarios' for next year with property tax increases of 3 1/2 per cent or less. In an emailed statement Friday, Sim said: 'Pretending that we are not in a tough economic climate is not an option.' 'Vancouverites are facing challenging times. We are doing everything within our power to ensure that we are easing the burden on taxpayers while protecting front-line staff and core services,' Sim said. 'Having had additional conversations with the city manager and city leadership team, I am fully confident that planning for the 2026 budget and interim measures to keep costs under control will result in minimal impact to city service levels.' City council is expected to finalize the 2026 budget in December. dfumano@
Edmonton Journal
13 hours ago
- Edmonton Journal
No bigger winner in the business of sport this week than the Florida Panthers
Article content The Association, on the other hand, is playing an NBA Finals Game 7 for the first time in nine years, when LeBron James and the Cleveland Cavaliers outlasted Steph Curry and the Golden State Warriors in 2016. Moreover, the NBA is in one of those scenarios where they'll have a compelling storyline and first-time champion, either way. That won't fully mitigate against the small-market matchup when it comes to TV ratings, but it will at least make the most of the showdown between the 25th biggest TV market in the U.S. (Indianapolis) and the 47th largest (OKC). It was also a bullish week for emerging sport business tycoon Mark Walter, who announced that he will be adding the Los Angeles Lakers of the NBA to his impressive list of sport properties, one that has featured the defending World Series-champion Los Angeles Dodgers since 2012. The deal between Walter, who is building on a personal net worth that was estimated at US$6.1 billion in February, and the longtime Buss family ownership group values the Lakers at US$10 billion, a record franchise transaction in North American pro sport.
