Olive Tree Management is a Calgary-based real estate investment and management company.
Founded in 2011, the company owns and operates a diversified portfolio of commercial and residential properties across Alberta. It began with a small residential holding in Calgary and grew from there, adding commercial assets as the portfolio developed.
Growth has come through direct acquisition rather than through third-party mandates. Every property in the portfolio is owned by the company, which shapes how each one is run.
Leasing, maintenance and property administration are handled in-house. Tenants deal with the organisation that holds title to the building, not with an intermediary appointed to look after it.
The intention with every acquisition is to hold rather than to trade. That timeframe changes the decisions that get made about a building, particularly around maintenance and tenant renewals.
Four functions, all in-house.
Acquisition
Direct purchase of commercial and residential property in Calgary and across Alberta, assessed and executed by the company.
Ownership
Assets are held for the long term. Almost nothing acquired since 2011 has been sold, which allows for planned rather than deferred investment.
Leasing
Residential and commercial leases are negotiated directly with the owner, so terms are agreed by the party able to agree them.
Operations
Maintenance, administration and tenant relations run through the company rather than an appointed manager.
From one city outward.
The company has grown in a straight line since 2011: buy in a market it knows, add asset types as capability allows, keep what it acquires.
Founded in Calgary
The company is established with a small residential holding and a mandate to acquire and hold rather than trade.
Residential expansion
Single-family and duplex holdings grow across established Calgary communities, and operations are brought in-house.
Into commercial
The portfolio diversifies into service retail, fuel and convenience, warehousing and light industrial assets.
A diversified Alberta portfolio
Twelve asset types across two divisions, held province-wide and operated entirely by the company.
Two divisions.
Holding both residential and commercial property is deliberate. The two respond differently to the Alberta economy, and the balance has kept the portfolio steady through several cycles.
Residential Properties
Single-family rentals, duplexes and infills, townhomes and multi-family buildings, leased directly to residents.
Residential Portfolio →Commercial Properties
Car washes, fuel and convenience, retail plazas, restaurant pads, warehousing, light industrial, flex bays and office.
Commercial Portfolio →Calgary first, Alberta wide.
Calgary
The company is based in Calgary and the majority of the portfolio sits within the city, across established, inner-city and suburban communities. Concentrating here is what allows the company to know its market properly rather than at a distance.
Alberta
Holdings extend to other Alberta markets, on both the residential and commercial side. The company acquires outside Calgary where an asset fits the portfolio and can be operated to the same standard.
Leasing requirements and general enquiries.
Olive Tree Management leases directly to residents and to commercial operators across Alberta. Enquiries are answered by the company.