FirstService(FSV) - 2024 Q1 - Earnings Call Transcript

Got it. Okay, and then flipping to the residential side and just sticking on the commercial construction team and multifamily, I think new construction starts are multi-decade lows at this point. So just curious, can you refresh on what percentage of your organic growth has been coming from new developments and the outlook there? Yes. No, I appreciate that question because these large lifestyle communities that we manage and marquee highrise buildings where we have a particular expertise, they increasingly ...