The Freemont Place Homeowners Association Selects Merit for Luxury Single-Family Home Property Management Services
Merit provides comprehensive HOA services for Freemont’s 73 single-family homes in Los Angeles
Los Angeles, CA – October 24, 2011 – (RealEstateRama) — The Freemont Place Homeowners Association has selected Merit Property Management, a FirstService Residential Management company, to manage the historic neighborhood of 73 luxury single-family homes located in the mid-city area of Los Angeles, CA. Merit was selected by Freemont for its management and will assist the board of directors with its HOA operations for the prestigious, historical community.
“Freemont Place is one of Los Angeles’ most notable and prestigious communities,” states Sharon Topping, CCAM, Business Unit Leader, Greater Los Angeles Area and Valencia. “The board of directors chose Merit because of our reputation over 30 years and award winning customer service throughout Los Angeles. We are delighted to assist the board of directors and residents maintain this historical icon in the heart of Los Angeles.”
Freemont Place, a privately-owned park, was developed as one of Los Angeles’ earliest planned subdivisions in 1915. The community is located at the intersection of Wilshire and Rossmore Boulevards, mere blocks from Beverly, Melrose, Santa Monica, Sunset and Hollywood boulevards. Home to many movie stars and dignitaries, Freemont Place offers residents a gated entrance with a 24-hour private guard security, coordination of neighborhood security and maintenance of the internal streets and lighting system. Freemont Place is a backdrop to many movie sets throughout the last 90 years and thus the HOA has an established system for the collection of filming license fees and regulation of filming activities.
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 5,300 properties and over 1.3 million residential units.
FirstService Residential Management is a subsidiary of FirstService Corporation (NASDAQ: FSRV, TSX: FSV), a global leader in the rapidly growing real estate services sector. Further information may be obtained at www.firstservice.com.
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