Merit Selected by Sudberry Properties to Manage New Mixed-Use Civita Community

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Merit Property Management will provide comprehensive HOA property management services of 4,780 units in Mission Valley for Civita Master Association

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"Merit has both the experience and expertise in managing mixed-use communities that combine residential homes and retail components with park and office space," stated Robert Cardoza, CCAM, Merit's Chief Executive Officer.

Sudberry Properties has selected Merit Property Management, a FirstService Residential Management company, to provide HOA property management services for Civita, a mixed-use, 4,780 unit community in San Diego. Merit will assume management responsibilities on June 1.

"After an extensive RFP process, we were selected to manage Civita because of our long standing commitment to the community of San Diego, as well as our proven ability to enhance the experience residents receive through their associations," said Robert Cardoza, CCAM, Merit's Chief Executive Officer. "We've been working closely with Sudberry Properties to create a seamless transition for Civita residents and board members alike."

"With more than 30 years of community management experience, Merit has both the experience and expertise in managing mixed-use communities that combine residential homes and retail components with park and office space," stated Cardoza.

Cindy Collins, Merit's San Diego Business Leader, added, "We are excited to be a part of the Civita development providing full scale management responsibilities beginning in June for both the Civita Community Association and one of the sub-associations, Origen Condominium Association."

Developed by Sudberry Properties, Civita (http://www.civitalife.com) spans over 230 acres in the heart of San Diego's Mission Valley and is planned to include 4,780 new apartments, condominiums, and attached homes, as well as 900,000 square feet of retail and office space, a civic center, shopping and entertainment district and nearly 80 acres of proposed open space. Sudberry Development's Circa 37 is a multi-family apartment development located in the heart of the Westside District of the Civita master planned community built on 10.6 acres.

About Merit
Merit employs nearly 600 employees in ten regional offices throughout California. Twenty percent of the company's clients are located in San Diego.

Since 1980, Merit has grown to be one of the foremost providers of professional community association services in the Western States, with ten regional offices throughout California. 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. http://www.meritpm.com

Voted "Best Companies to Work" 2009, 2010, 2011 as recognized by the OC Business Journal.

Merit is a subsidiary of FirstService Residential Management (FSR). FSR is the largest manager of residential communities in North America, overseeing more than 5,600 properties and over 1.3 million residential units.

FSR is a subsidiary of FirstService Corporation, a global leader in the rapidly growing real estate services sector, providing a variety of services in commercial real estate, residential property management and property services. More information about FirstService is available at http://www.firstservice.com.

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