LanePark management contracts consultants

Staff report

COLUMBUS — AlcoreSenior LLC, owner of LanePark Communities located throughout Ohio, has announced it is joining forces with Charter Senior Living LLC.

Charter, located in Illinois, was formed in 2016 by seasoned industry executives with extensive experience in operating large portfolios of senior housing and care on a national level. This joint venture has been formed initially as a one-year consulting contract, to increase Charter’s management base and bring management depth to Alcore Senior management such that both parties can grow, with additional projects and joint ventures planned between the two companies.

Charter currently operates in Illinois, Georgia and Florida, with executives placed in Chicago, Tampa, Atlanta, New Orleans and Dallas. This venture will bring Charter to Ohio and allow Alcore to grow in other states in addition to Ohio. AlcoreSenior LLC will continue to own and manage the projects with the assistance of the Charter team. All ownership, management contractual obligations and employees will remain in place.

Staff report