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Sam M. Coryell steps down as chief operating officer of TLC Properties.
Sam M. Coryell steps down as chief operating officer of TLC Properties.

Founder's son leaves TLC Properties post

Posted online
A number of management changes recently occurred within TLC Properties, including the resignation of Sam M. Coryell as the company's chief operating officer, effective July 1.

Zac Albers, director of operations for two years, has stepped in as Coryell's successor.

Albers said Coryell moved to Fort Myers, Fla., following doctors' advice due to his daughter's respiratory problems.

"It was recommended that he move to a different climate," Albers said. "For their daughter, they moved to Florida."

Coryell is looking to start undisclosed franchise deals in Florida, Albers said. He also is involved in Coryell, Miller, Pitt Multifamily LLC, a company he co-founded in late May with Matt Miller of Matt Miller Co. and Doug Pitt of ServiceWorld Computer Center to conduct out-of-state developments in the Midwest and Northwest.

Coryell continues to hold partial ownership of TLC Properties and has stayed on as a board member.

TLC Properties was founded in 1988 by Coryell's parents Sam E. Coryell, CEO, and his wife Carol, president. Their sons Daniel and David, hold the positions of community controller and director of finance, respectively. All are board members of the company.

"This is a family business, and for me to be entrusted with, frankly, their livelihood is a pretty awesome responsibility," said Albers, who was project manager for Sunrise Service Associates before joining TLC. "I'm certainly honored that they feel that I can protect their interests and their assets."

TLC Properties manages 14 apartment communities with roughly 2,500 apartments.

Jacob Harvey, previously the company's marketing director, succeeds Albers as director of operations.

"He has been an integral part of our success," Albers said. "He really was the driving force behind branding the management company as opposed to each individual property."[[In-content Ad]]


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