BOULDER - Countryside Asset Management Corp. has acquired the homeowners' association management division of another Boulder-based property-management company, Aspen Management. Aspen will now focus on its other division, the management of rental properties.

Financial details were not disclosed about the deal between the two companies, which took effect Jan. 1 between Countryside, co-owned by Chris Geer and John Moritz, and Aspen, the trade name for Colorado Real Estate Management LLC, owned by Weston Baur.

Countryside employs 19 people in its office at 7490 Clubhouse Drive, Suite 201, including seven in its newly acquired HOA division. Countryside also manages apartment communities and commercial properties.

Five employees remain at Aspen Management's office at 5757 Central Ave., Suite 205.