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Charter Assumes Management Of Two Ventas-owned Communities

ANDERSON, S.C. and PINEHURST, N.C. — Charter Senior Living has assumed management of two communities owned by Ventas (NYSE: VTR). The communities include The Legacy of Anderson in Anderson, South Carolina, and Fox Hollow Senior Living in Pinehurst, North Carolina.

Fox Hollow Senior Living comprises 74 assisted living and memory care units. The Legacy of. Anderson totals 101 units of independent living.

“Expanding our relationship with Ventas to welcome these communities into the Charter family reflects our shared, unwavering focus on operational excellence and the resident experience,” says Keven Bennema, co-founder and CEO of Charter. “We look forward to building meaningful relationships and reinforcing a culture of service with residents, families and team members as we embark on this journey together.”

Ventas ranked as the second-largest owner of senior living communities in the 2025 edition of the ASHA 50. Shares of the publicly traded company closed at $82.75 on Feb. 9, up roughly 43 percent year over year.

Charter’s management portfolio currently comprises more than 70 communities throughout the country.

The post Charter Assumes Management of Two Ventas-Owned Communities appeared first on Seniors Housing Business.

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Charter Assumes Management Of Two Ventas-owned Communities

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