FirstService Residential Releases 2026 BENCHMARK Report on Master-Planned and Lifestyle Communities
FirstService Residential has released its 2026 edition of the BENCHMARK report, which provides insights into operating costs and budget allocations for master-planned and lifestyle communities. The data is drawn from a wide range of U.S.-based communities managed by FirstService, offering valuable comparative information on expenses such as insurance, utilities, community operations, reserves, and administrative costs. The report also includes expert analysis on key operational areas like technology integration, landscaping, waste management, amenities programming, and resident engagement. It highlights growing trends in multigenerational living and aging-in-place preferences among residents, which are influencing how communities plan their services and facilities to meet evolving needs. According to company executives, the report is designed to help community boards make informed decisions about budgeting and long-term planning while enhancing resident satisfaction through well-managed amenities and lifestyle programming.
Topics: budgeting_trends community_management operating_costs