San Francisco, CA, March 3, 2011 — Watermark Home Owners Association has selected MERIT Property Management, a leading provider of professional community association and rental management services, to manage the 136-unit 22 story high-rise community located in the South Beach area of San Francisco, CA. MERIT will assist the board of directors with daily operations in order to provide quality property management services to the residents of Watermark.
"A little over four years old, the Watermark is the sleekest building within South Beach," states Isaiah Henry, MERIT's Business Unit Leader, San Francisco Urban. "We are honored to manage this gem in the heart of San Francisco's newest neighborhood."
The Watermark offers a full service concierge/24-hour doorman, state-of-the-art fitness facility, heated lap pool and spa an outdoor BBQ space and patio overlooking the bay with gorgeous views of the Bay Bridge. MERIT took over management responsibilities on February 1st and created a seamless transition for residents and board members by bringing more than 30 years of community management experience to the new partnership.
About MERIT Property Management
Since 1980, MERIT Property Management (www.meritpm.com) 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 Property Management is a part of FirstService Residential Management which manages over 4,600 communities, representing more than 1.2 million homes/units in 18 states. FirstService Residential Management is a subsidiary of FirstService Corporation (NASDAQ:FSRV).
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