On May 8, 2025, FirstService Residential, a leading North American property management company, announced its acquisition of Edmonton-based Core Real Estate Group. This strategic move adds approximately 15,000 residential units to FirstService's portfolio, expanding its Canadian holdings to around 250,000 units. Core Real Estate Group, established in 2011, has grown to manage 68 buildings in the Edmonton region, boasting a low vacancy rate of about 2 percent. The acquisition aims to enhance FirstService's presence in Western Canada, leveraging Core's local expertise to better serve residential communities. Financial terms of the deal were not disclosed.