The Marblehead Community Association Selects Merit for Master-Planned Property Management Services in San Clemente

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Merit provides comprehensive HOA property management services for 997 homes in the Marblehead Association

Aliso Viejo, CA – November 18, 2011 – (RealEstateRama) — The Marblehead Community Association has selected Merit Property Management, a FirstService Residential Management company, to manage 997 single-family homes and condominium units in San Clemente, CA. Merit will assist the community with all its HOA property management needs.

“The Marblehead board gravitated towards Merit because of the combination of cost savings and service improvements for the community as well as Merit’s technology and staff expertise,” states Kevin Pennington, CCAM, Merit’s Orange County Business Unit Leader. “The board of directors also chose Merit for our Delinquent Assessment Program, which provides a tracking system for delinquent assessment accounts and options for enforcement, and our Design Review Program, which allocates and enhances level the of staffing to clients with a high volume or high complexity of home improvement applications within the community.”

The Marblehead community consists of seven districts of single-family homes and condominium units. Many of the homes and condominiums have ocean views. The community offers a central location close to major highways that offers residents quick access to the ocean, work, shopping and dining. Merit took over management responsibilities on September 1, 2011 and created a seamless transition for residents and board members by bringing more than 30 years of community management experience.

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) is the largest manager of residential communities in North America, overseeing more than 5,600 properties and over 1.3 million residential units from 82 offices across 19 U.S. states and three provinces in Canada. Properties managed include low-, mid- and high-rise condominiums and co-operatives as well as large scale master-planned and active adult communities. In addition, it manages residential rental and REO properties for institutional and private equity clients.

FirstService Residential is a subsidiary of FirstService Corporation (NASDAQ: FSRV, TSX: FSV), a global leader in the rapidly growing real estate services sector commercial real estate; residential property management; and property services. Further information may be obtained at www.firstservice.com.
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MERIT is one of the foremost providers of professional association services serving communities throughout the Western States and Mexico.

Contact:

Merit Property Management
Attn: IS Privacy Director
1 Polaris Way, Suite 100
AlisoViejo, CA 92656
Phone: 949-698-2073

Amy Jones

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