On Thursday, October 16, Wallick celebrated the start of construction for The Ashford at The Enclave, a $30 million senior living community in Northwood, Ohio. This is Wallick’s first affordable assisted living community, combining housing and assisted living services to make high-quality care accessible for seniors of all incomes. The project is situated within a […]
Wallick is proud to announce the successful closing of The Ashford at the Enclave, the company’s first Affordable Assisted Living community. Affordable Assisted Living is an innovative new housing sector and product type for Wallick that unites our core strengths in Assisted Living and Affordable Housing, serving Medicaid-eligible residents. About The Community Located in the City of Northwood, Wood […]
We’re excited to announce that Wallick has officially closed on the tax credit financing for Walnut Ridge Apartments, a 78-unit acquisition-rehabilitation community in Indianapolis, Indiana. Walnut Ridge was awarded $1.3 million in competitive 9% LIHTC and $500,000 in soft funding from the Indiana Housing & Community Development Authority (IHCDA). This asset previously went through foreclosure […]
Wallick is honored to partner with Detroit Blight Busters on the transformation of nearly 19 acres of the former Rogell Golf Course into Rogell Park, a $88M community-centered affordable housing development. The project will bring 304 affordable housing units, including 198 townhomes and 106 senior apartments, serving families and seniors earning 30-80% of the area […]
Wallick has been awarded two highly competitive 9% Low-Income Housing Tax Credit (LIHTC) allocations from the North Carolina Housing Finance Agency (NCHFA) to support the development of Onyx Place in Wilmington, NC, and Archer Commons in Morganton, NC. Together, these communities will add 96 affordable apartments for seniors, advancing our mission to create high-quality housing […]
Across Ohio, state funding is helping developers turn big ideas into reality, including Wallick’s Central Park project in Heath. We’re proud to play a part in creating spaces that bring housing, jobs and amenities to areas where growth is happening. Columbus Business First recently highlighted how programs are fueling developments across the state. Wallick’s two […]
Lighthouse Ridge Apartments, Wallick’s latest planned affordable housing development in South Haven, Michigan, has been awarded $1.5 million in competitive 9% Low-Income Housing Tax Credits (LIHTC) from the Michigan State Housing Development Authority (MSHDA). We thank MSHDA for awarding these credits and for their ongoing commitment to expanding affordable housing in Michigan. In partnership with […]
We’re proud to announce that The Ashford of Berkshire, Wallick’s newest senior living community in Sunbury, Ohio, officially closed on June 6. Financed through a $28 million construction loan from First Financial Bank, the 114-unit senior living community includes 82 assisted living units and a 32-bed memory care wing. Wallick partnered with RDL Architects (architecture), […]
We’re proud to share that Wallick has been recognized by Affordable Housing Finance as one of the Top 10 Companies Completing Substantial Rehabs in 2024, with 730 affordable housing units revitalized last year. This achievement reflects our enduring commitment to preserving and enhancing affordable housing communities across the Midwest. Notable projects include the $7 million […]
Wallick was awarded $999,960 in 9% Low-Income Housing Tax Credits (LIHTC) and a $1.75 million Housing Development Loan (HDL) reservation from the Ohio Housing Finance Agency to support the development of Wade Park Station! About the Community Wade Park Station is a new senior housing development located on Wade Park Avenue in Cleveland, OH. This […]
New Albany, OH – Wallick is excited to welcome Dr. Abraham Mathew as the Senior Vice President of Senior Living Operations, after joining the team as Interim Senior Vice President in April. As Senior Vice President of Senior Living Operations, Abraham will lead the strategic and operational direction of Wallick’s Senior Living division to elevate […]
Two weeks ago, Mike Ekis, Wallick’s Senior Vice President of Construction, joined industry experts at the Ohio Housing Council’s Spring Symposium for a panel discussion on navigating construction challenges in housing. The event, held at the Ohio Statehouse, brought together leaders from across the state to address a wide range of housing-related topics. Much of the discussion centered […]
We’re pleased to share an update to our organizational structure that reflects Wallick’s ongoing growth and our commitment to strengthening collaboration across key business functions. Effective this week, Information Technology (IT) will now fall under the leadership of Dr. Bryan Lenzo, who currently leads Human Resources, Business Intelligence, and the Project Management Office. With this […]
New Albany, OH – Wallick is pleased to welcome Mike Dodge as the Senior Vice President of Asset Management. As Senior Vice President of Asset Management, Mike will focus on proactively managing property performance and seeking creative solutions to achieve the best outcomes for Wallick’s owners, partners and residents. He is excited to join a […]
Wallick received $5.8 million in Transformational Mixed-Use Development (TMUD) tax credits as part of Phase II of its Central Park development in Heath, OH. These credits were awarded to support the construction of Wallick’s Affordable Assisted Living community within the project and will play a vital role in the community’s financial viability, helping to address the growing need for affordable senior care in […]
New Albany, OH – Wallick is pleased to announce the promotion of Tammana Bharakhda to Senior Vice President of Marketing & Branding. Tam is a seasoned marketing and branding executive with a proven track record in building and strengthening brands across business and consumer sectors. In her new role, she will oversee a team dedicated […]
Wallick is excited to announce that we have secured Ohio Low-Income Housing Tax Credit (OLIHTC) resources for Harding Heights Apartments. This proposed new construction project is designed to provide high-quality, safe housing for seniors in Marion, OH, and was one of only 15 projects (out of 36 applications received by OHFA) invited to submit a final […]
