LONGMONT — Two longtime Longmont real estate companies have merged, effective Friday.

Dyer Realty Inc. will merge into Structure Property Group. The combined operations will work from the former Dyer Realty office at 515 Kimbark St., Suite 103, but take on the Structure Property name.

“Doing this by myself was not as much fun anymore,” said Deanna Dyer in reference to the passing four years ago of her father, Marvin Dyer, and the more recent retirement of her mother, Lois.

She said in a press statement that “operating a successful real estate company was more about teamwork than retaining the Dyer family name on the door. Structure Property Group was chosen after many suitors extended substantial offers.” Reid Williams will be managing broker of the new company.

Dyer selected Structure Property because it permitted the company to continue on without “losing control of the cornerstone elements that made Dyer Realty successful: customers, relationships, and trust.”

Dyer Realty was formed in 1988 after Marvin Dyer worked 20 years as a loan officer at Longmont National Bank. His first real estate sale was the land to build the Taco Bell on Colorado Highway 119 near Interstate 25. Numerous commercial deals followed, including Vista Commercial Center, Milky Way Business Park, Highland Development in Mead; Meadowlark Business Park in Frederick, along with others. 

Structure Property Group, established in 2008, is a real estate and property management company. Its seven agents cover nearly all facets of the real estate spectrum from residential resale, commercial sales and leasing, property management and leasing, water and farmland sales, commercial and multi-family development. Principals are Williams and Mike Baucom. Realtors are James Graham, Jerry Schlagel, Michelle Snyder, Patrick Weyand and now Deanna Dyer.

Deanna Dyer and Williams are former board chairs of the Longmont Association of Realtors and have both won the 

Realtor of the Year Award in 2010 and 2011, respectively.

“They do more property management. I do more vacant land sales,” said Dyer in describing how the merger brings together skill sets to benefit the new company.