San Francisco, CA, July 20, 2010 — 888 Seventh Street Owners Association selected MERIT, a leading provider of professional community association and rental management services, to manage their 224 unit mid-rise located between King Street and Seventh Street in San Francisco’s Mission Bay. MERIT will assist the board of directors with reevaluating the association financials and budgeting, completing a full building audit along with enhancing daily operations and maintenance.
“The owners association at 888 Seventh Street is looking forward to utilizing MERITConnect, our proprietary software, to access real time community information including work orders and maintenance logs,” states MERIT San Francisco Urban Business Unit Leader Isaiah Henry. “Our team is looking forward to bridging the gap between where the association has been, where they currently stand and where they are headed as a community. Our top priority is to maintain property values and protect community assets through enhanced maintenance systems and procedures.”
MERIT will take over management responsibilities on August 1st. Backed by over 30 years of providing property management, MERIT will be forecasting the association budget and analyzing reserve funding. A complete building audit will be completed using in-depth knowledge of mid- and high-rise building systems and will include analyzing energy efficiencies as well as the current products used in the building to ensure that all are environmentally friendly and cost effective.
For more information on 888 Seventh Street visit http://www.liveat888.com/.
About MERIT
Since 1980, MERIT (www.meritpm.com) 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 part of FirstService Residential Management which manages over 4,000 communities, representing more than 1,000,000 homes/units in 18 states. FirstService Residential Management is a subsidiary of FirstService Corporation (NASDAQ:FSRV).
For additional information on this topic or to schedule an interview, please contact Amy Sarti at asarti@meritpm.com or visit www.meritpm.com.