FirstService Residential launches 2025 BENCHMARK editions on operating costs and budgeting for high-rise and master-planned communities
For its first BENCHMARK: Master-Planned edition, FirstService utilized data from more than 400 communities across six major geographic areas in the United States. The high-rise edition analyzes operating costs from almost 1,000 residential buildings in major urban centers throughout the U.S. and Canada. Both reports offer actionable insights into operating costs, including insurance, maintenance, sustainability, amenities, reserves, and capital planning. "In my experience, the most successful boards move th ...