FirstService Residential added seven new active‑adult communities to its portfolio, including five in Florida, one in Georgia, and one in Tennessee. The new properties—Cresswind DeLand, Cresswind Hammock Oaks, Cresswind Lake Harris, Cresswind Lakewood Ranch, Del Webb River Reserve, The Lake Society, and Del Webb Barton Village—expand the company’s presence in the high‑growth 55+ market.
The expansion strengthens FirstService Residential’s focus on lifestyle‑driven, amenity‑rich properties. The company’s integrated approach to property management—combining hospitality, lifestyle programming, and operational support—positions it to capture a larger share of the aging‑population segment and generate recurring management revenue in a defensively positioned market.
Brent Reynolds, President of Master‑Planned Communities for FirstService Residential’s South Region, said the active‑adult communities are a highly specialized segment that requires advanced operational expertise. He added that the company’s property‑management teams bring unmatched depth of resources and hospitality expertise to deliver branded experiences that resonate across diverse markets. Mindy Anderson, Director of Lifestyle, Community Solutions, is responsible for enriching resident experiences through active lifestyle programming.
Brent Reynolds was appointed President of Master‑Planned Communities for FirstService Residential’s South Region on January 13 2026, reinforcing the company’s commitment to expanding its large‑scale, lifestyle‑driven portfolio in the Southeast.
FirstService Corporation is scheduled to release its fourth‑quarter and full‑year 2025 results on February 4 2026. Investors will be watching the company’s performance to gauge the financial impact of the new communities and the broader growth trajectory in the 55+ market.
The high‑growth 55+ market is a key driver of the company’s expansion strategy. FirstService Residential’s focus on lifestyle programming and operational excellence positions it to capitalize on demographic tailwinds and to differentiate itself from competitors that rely primarily on traditional property‑management services.
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