KANSAS CITY—FirstService Residential, the residential property management business of the FirstService Corporation has just acquired Curry Association Management, a division of Curry Investment Company, and Missouri's largest residential property management company. Christine Lentz, the president of CAM, will continue to lead day-to-day operations of its Kansas City-based operations. Terms of the transaction were not disclosed.
"Establishing a leading position in the Kansas City market was a strategic priority for us and helps to reinforce our market leading presence throughout North America," says Chuck Fallon, CEO of FirstService Residential. "Curry Association Management has long been regarded as the leading property management firm in Kansas City and throughout Missouri.”
The Toronto-based FirstService manages more than 2.3-billion-square-feet of residential and commercial space through Colliers International and FirstService Residential. And big purchases like this are not unusual for the company. As previously reported in GlobeSt., earlier this year, California-based Merit Property Management, an operating unit of FirstService, acquired Mar West Real Estate Inc., a large commercial property association management services provider.
CAM manages over 140 associations representing 30,000 units throughout the Kansas City area. With this acquisition, FirstService Residential extends its position as the largest residential property management firm in North America with more than 6,000 properties, representing over 1.5 million residences across the continent.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
