Add-on Acquisition • Real Estate

Firstservice Residential Management Acquires Core Real Estate Group

On May 8, 2025, Firstservice Residential Management acquired real estate company Core Real Estate Group

Acquisition Context
  • This is Firstservice Residential Management’s 5th transaction in the Real Estate sector.
  • This is Firstservice Residential Management’s 1st transaction in Canada.
  • This is Firstservice Residential Management’s 1st transaction in Alberta.

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M&A Deal Summary

Date May 8, 2025
Target Core Real Estate Group
Sector Real Estate
Buyer(s) Firstservice Residential Management
Deal Type Add-on Acquisition

Target Company

Core Real Estate Group

Edmonton, Alberta, Canada
Core Real Estate Group is a property management company that manages over 15,000 residential units across Alberta. Core Real Estate Group was founded in 2011 and is based in Edmonton, Alberta.
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Buyer Overview 1

Buyer

Firstservice Residential Management

Dania Beach, Florida, United States

Category Company
Founded 2007
Sector Real Estate
DESCRIPTION

Firstservice Residential Management, Inc. is a residential property management company. Firstservice Residential Management, Inc. was founded in 2007 and is based in Dania Beach, Florida.


Deal Context for Buyer #
Overall 6 of 6
Sector: Real Estate 5 of 5
Type: Add-on Acquisition 6 of 6
State: Alberta 1 of 1
Country: Canada 1 of 1
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-11 CitiScape

San Francisco, California, United States

CitiScape is a provider of residential and commercial association management service. CitiScape was formed in 1999 and is headquartered in San Francisco, California.

Buy -