Colorado-Real-Estate-Journal_458969
Page 46 - May 7-20, 2025 www.crej.com Property Management Dorman Commercial Man- agement acquired Olive Real Estate Group’s property and association management portfo- lio, effective March 1. This stra- tegic move expands Dorman’s presence in Colorado’s property management sector and enhanc- es its service offerings. The transfer of Olive’s prop- erty and association manage- ment portfolio reflects Olive’s realignment to its core business areas of real estate brokerage (leasing, sales and investment) and real estate development. Olive’s leadership emphasized this strategic focus aligns with their long-term growth vision, enabling them to concentrate resources and expertise on these priorities. “This decision represents a step toward enhancing our focus on areas where we can have the greatest impact,” said Jim DiBiase, president of Olive Real Estate Group Inc. “We are confident that Dorman will uphold the tradition of excel- lence our clients have come to expect.” The Dorman real estate con- glomerate, founded in 2006, is renowned as one of Colo- rado Springs’ largest and most trusted locally owned property management firms. Its portfolio spans more than 1,200 single- family homes, over 100 com- mercial properties and more than 60 owners’ associations. “This acquisition is a major milestone in our mission to expand and enrich our proper- ty management services across Colorado,” said Todd Dorman, president of Dorman Commer- cial Management. “It reflects our commitment to growth while preserving the personal- ized, professional service our clients value. The addition of Olive’s portfolio and team rep- resents an exciting chapter in our journey.” A key component of this acquisition is the integration of Olive’s experienced manage- ment team. s Dorman Commercial Mgmt. acquires Olive’s PM portfolio shutdowns with temporary systems to maintain critical services. Noise mitigation techniques must exceed standard con- struction practices, and mate- rial movement requires sep- arate pathways to eliminate interactions with residents. These requirements demand innovative approaches to renovation work, including temporary life safety systems, specialized equipment, and detailed coordination with facility operators to maintain resident safety and comfort throughout construction. n Documentation and stakeholder management. Senior housing projects involve an expanded stake- holder network with spe- cific communication require- ments. State licensing authori- ties, health care consultants, future facility operators, resi- dent advocates and multiple inspection authorities all par- ticipate in the project approv- al process, each with unique concerns and documentation needs. This expanded network necessitates enhanced com- munication tools and docu- mentation systems. Regula- tory submissions and approv- als require detailed tracking throughout the project, while specialized systems demand advanced testing documen- tation. Extended warranty information for specialized equipment must be compiled, along with training programs for facility staff and detailed maintenance requirements for health care-related compo- nents. BIM implementation becomes particularly valuable for communicating complex constructability solutions, incorporating specialized ele- ments like medical gas sys- tems, emergency call integra- tion, and security measures. Successful contractors devel- op enhanced submittal and mockup processes to validate constructability before full- scale implementation, ensur- ing that design intent trans- lates effectively to built reality. n Conclusion. Senior hous- ing construction demands a specialized approach that addresses unique regulatory, technical and operational requirements. By understand- ing and properly planning for these specialized elements, contractors can improve con- structability while maintain- ing the high standards these projects demand. Successful execution requires comprehensive pre- construction planning, spe- cialized system coordination, detailed safety feature imple- mentation, strategic phasing, innovative renovation tech- niques, and enhanced stake- holder management. Contrac- tors who develop expertise in these specialized approaches deliver senior housing proj- ects that meet both construc- tion efficiency objectives and the needs of the senior resi- dents who will call these facil- ities home. s rlchoate@allianceconstruction.com Choate Continued from Page 36
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