MERIT Hires Stephen Brahs as Vice President for Expanded Rental Property Management Services

Will oversee MERIT’s rental property management operations

Aliso Viejo, CA - June 22, 2009 - (RealEstateRama) — MERIT, a leading provider of professional community association management services, recently hired Stephen Brahs as the Vice President of MERIT Rental Property Management, Inc.

MERIT Rental Property Management, Inc. expands MERIT’s current portfolio of services to include leasing and property management for single-family, condominium and urban residences. Brahs will be responsible for creating and implementing the systems and procedures necessary to position MERIT’s rental operations for rapid growth. He will also be responsible for seeking out, negotiating and executing property management agreements with investors as well as marketing and leasing properties on behalf of current MERIT clients.

“I look forward to fulfilling the needs of MERIT managed associations by providing quality rental property management services for single and multi-unit portfolios. MERIT’s main objectives will be to fully screen and qualify tenants, maintain the units and ensure that tenants understand community rules and are successfully integrated into the community,” states Brahs.

With years of experience as a leader in the rental management industry, Brahs brings a substantial amount of expertise and direction to MERIT’s new venture. Brahs was previously the President and CEO of Advantage Building Services, LLC and prior to that worked as the Vice President and General Manager for the Irvine Company for over 15 years. He earned a bachelor’s degree in business administration and finance from Whittier College. He also has a California Real Estate Broker’s License and a General Contractor’s License. He currently resides in Newport Beach, CA with his wife and three children.

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 part of FirstService Residential Management which manages more then 3,700 communities, representing more than 1,000,000 homes/units in 18 states. FirstService Residential Management is a subsidiary of FirstService Corporation (NASDAQ:FSRV).

For additional information on this topic or to schedule an interview, please contact Amy Sarti at asarti (at) meritpm (dot) com or visit www.meritpm.com.

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