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The 838 Pine Community Association Selects Merit for High-Rise Condominium Property Management Services in Long Beach - 1/23/2012

Merit will provide comprehensive HOA property management services for the association's 83 units

Long Beach, January 23, 2012 — The 838 Pine Community Association has selected Merit Property Management, a FirstService Residential Management company, to manage 83 high-rise condominium units in Long Beach, CA.  Merit will assist the community with its HOA property management needs.

"The 838 Pine Community Association Board of Directors was looking for a fresh approach to high-rise condominium services," states Sharon Topping, CCAM, Merit's Los Angeles and Valencia Business Unit Leader. "They were impressed with Merit's ability to deliver services that can be scaled from the simple to the complex to fit the needs of each community we manage."

The community is the heart of thriving downtown Long Beach. Residents enjoy the close proximity to the beach, restaurants and shops as well as the seven mile walk/bike path that heads towards local hot spots including the Pike, Shoreline Village, Queen Mary and Belmont Shore. A rooftop patio offers 360 degree views of Los Angeles, the mountains and the Pacific Ocean and a ground floor patios offer a tropical enclosed courtyard with a barbecue area. Merit will take over management responsibilities on February 1, 2012 and create a seamless transition for residents and board members by bringing more than 30 years of community management experience.

About Merit
Since 1980, Merit has grown to be one of the foremost providers of professional community association services in the Western States. Merit specializes in the forward planning and management of master planned, single family home/condominiums, active adult, and urban high- and mid-rise communities as well as rental property management for investors (www.meritrental.com).

Merit is a subsidiary of FirstService Residential Management (FSR). FSR is the largest manager of residential communities in North America, overseeing more than 5,600 properties and over 1.3 million residential units.

FSR is a subsidiary of FirstService Corporation (NASDAQ: FSRV, TSX: FSV), a global leader in the rapidly growing real estate services sector, providing a variety of services in commercial real estate, residential property management and property services. More information about FirstService is available at www.firstservice.com.

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Since 1980, MERIT has grown to be one of the foremost providers of property management,
including homeowner (HOA) community associations and business associations in the western states.

Copyright© 2012 by MERIT Property Management, a community homeowners association management company
A FirstService Residential Management Company