Sarah Malone promoted to CFO

Wallick Communities is pleased to promote Sarah Malone to Chief Financial Officer, where she will oversee all company finance activities and acquisitions. Asset Management will continue to report to Sarah in her new role as we work to secure her successor.

Sarah joined Wallick in 2018 to lead Asset Management, ensure our communities perform well financially, and play a central role in driving business growth through acquisitions. Sarah is not only in charge of ensuring our property portfolio generates a return on investment, but she also sees to it that our communities are operated per our vision to provide safe, affordable homes to families and seniors.

Before starting at Wallick, Sarah spent ten years at the Ohio Capital Corporation for Housing (OCCH), as a leader in fund management. Sarah oversaw the day-to-day activities of LIHTC asset underwriting in this position, including the approval process, construction management, and closing. She also worked closely with investors on proprietary fund investments.

Sarah is currently a board member for the YWCA of Columbus, a nonprofit with a mission to eliminate racism and empower women through dialog, education, and practical resources. She received a bachelor’s in business administration and marketing from Ashland University, followed by an MBA from Capital University.

Congratulations, Sarah.

Vote for The Ashford of Grove City for Best of the ‘Bus today!

The Ashford of Grove City (AGC) was nominated to win the “best senior living community” category of the Best of the ‘Bus 2021 contest.

Vote for AGC here, today! (See Q17). Opened in January, AGC is Wallick’s newest senior living community located in Grove City, OH that features independent living, assisted living, and memory care.

Best of the ‘Bus is put on by CityScene magazine and awards Ohio’s Best Ice Cream, Best Carry-out, Best TV Binge, and more – a total of 52 categories. CityScene, Columbus’ only locally and independently owned arts and entertainment magazine in Central Ohio, continues to share Columbus’ people, stories, and events after more than 20 years.

Skip to Q17 or cast your vote for all 52 categories. Either way, we hope that we can count on your vote! 

Oakleaf Village and The Grove Sylvania are up for awards!

Oakleaf Village and The Grove Sylvania are up for awards!

Mature Living News’ annual Readers’ Choice Awards recognizes the greatest of the Toledo, OH area, from the best take-out restaurant to best radio personality and everything in-between.

The Grove Sylvania has won best memory care center four years straight, and Oakleaf Village has taken home the best senior community in the past. Help us secure a win for both communities in 2021 by voting hereWrite in Oakleaf Village of Sylvania for the best senior living community and The Grove at Oakleaf Village of Sylvania for the best memory care center.

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COVID-19 and senior care: Why senior living solutions are needed now more than ever

We asked 250 Caregivers and seniors about their thoughts and plans regarding Independent Living (IL) or Assisted Living (AL) looking forward in the next 3 years. The results reveal a lot of truths about the needs and fears of both caregivers and their senior loved ones. The data also suggests that getting the process started early is key so that your loved one doesn’t miss out finding a senior living solution. It also reveals the importance that quality of care, transparent pricing and value play, especial against the backdrop of the COVID-19 pandemic. Here are some things to think about that can help you make informed choices:

 

 

 

Stephanie Hess Promoted to Senior Vice President of Senior Living Operations

We are pleased to reveal Wallick Communities promoted Stephanie Hess to Senior Vice President of Senior Living Operations. Stephanie will continue to oversee the Company’s senior living sector and maintain her current responsibilities as she transitions from vice president to SVP.

“Stephanie has a long history with Wallick Communities,” said COO Amy Albery. It has been exciting to witness her grow and advance as she adopted multiple roles within our senior living sector over the past several years. Stephanie has the heart to ensure the group’s future destination is with a focus on our residents and the experience to continue to lead Senior Living Operations to the next level.”

Stephanie has over 25 years of long-term healthcare experience. Her career at Wallick Communities began in 2009 when she served as the executive director at Eaglewood Village, a former Wallick-owned community for seniors. For several years, Stephanie oversaw operations at Eaglewood, choosing to remain at the community after it was acquired by another company. During her brief hiatus from Wallick Communities, Stephanie also held leadership roles at Diversicare and AdCare. In 2017, Stephanie returned to Wallick as regional director of operations, being promoted to vice president the following year.

Stephanie received a bachelor’s in long-term health care administration and a master’s in health care administration, both from Ohio University.

Leadership Transition Announcement

Today, with great excitement and anticipation, we are very happy to announce forthcoming leadership changes at Wallick Communities!

Amy Albery is being promoted to Chief Operating Officer (COO), effective September 1. This is an interim role for Amy as she prepares to become Wallick’s Chief Executive Officer (CEO) in the fall of 2021.

Amy is uniquely qualified to lead Wallick Communities. She embodies and exudes the values and culture that are central to our organization. In Amy’s nine years at Wallick she has led two of our five business units and has held a leadership role in a third, most recently leading Affordable Housing Operations. She is incredibly bright, an empowering leader for our associates, a consummate team player and has established strong relationships across our industry. Wallick is fortunate to have Amy to guide us into the future.

Wallick is making this transition at a time of strength, with our high-performing leadership team successfully implementing the company’s business strategy and growth plans. Amy’s elevation to the COO position will involve a transitional realignment of the senior leadership team, beginning with those focused on operations and on driving operational efficiency.

Reporting to Amy in her role as COO will be:

  • Paul Koehler, Chief Administrative Officer, who oversees Talent & Culture, Information Technology, Marketing, and Project Management Office (PMO)
  • Stephanie Hess, VP, Senior Living Operations
  • Sarah Malone, SVP, Asset Management
  • Leader TBA, Affordable Housing Operations

Tom Feusse will continue to serve Wallick as its CEO, and then, when Amy becomes CEO, Tom will become Chairman, maintaining his ownership position for the foreseeable future.

Continuing to report to Tom over the next year are:

  • Amy Albery, COO
  • Troy Rambo, CFO (also guiding Wallick’s acquisitions program)
  • John Leonard, SVP, Development and Construction
  • Bill Hinga, Senior Consultant

“I’m excited about this upcoming change for our business. After being in my chair for nearly 15 years, I am delighted that we have the opportunity to promote a proven leader from within the firm. Amy will infuse fresh thought and renewed energy in collaboration with our proven leadership team. Amy is clearly the right person to step in. She always starts with what is most important, an intense focus on our customers – our residents – and on our associates. Then she allows the economics to follow,” said Tom Feusse.

“When I joined Wallick, I was drawn to the idea of working for an organization that could change people’s lives through housing, which affects all aspects of a person’s life. What I found was so much more than what I’d ever imagined. Wallick’s associates are strong, caring and make a difference. I want to make sure we continue to bring out the best in our associates while growing our organization, furthering our mission and maintaining our values,” said Amy Albery.

Wallick’s mission, values and strategy remain unchanged. In their new positions, Tom and Amy, working seamlessly with our talented and dedicated senior leaders, will continue to grow the company, act on our values and fulfill our mission and commitments to all of our residents, associates and investors.

Please join us in congratulating, and supporting, Amy and Tom on their new roles.

Our Response to Racism, Diversity & Inclusion

Sadly and ashamedly, we recognize and acknowledge racism still exists in our society.  We have many Black people working at Wallick and living in our communities.  Many of our associates, residents, and their family members are victims of racism.  They live in fear for themselves and for their children.  However, at Wallick, we are all family.   

For the owners and leaders of Wallick, we believe that we have all been created equal, regardless of where we were born, regardless of our gender, and regardless of the color of our skin.  This belief is ingrained in our values.  And all of us are committed to walk our talk every day.   

We can’t fix this problem alone, but we are committed to being part of the solution. Our first steps within our organization are to listen, understand, and most importantly have more conversations about systemic racism to ensure we take an active role in pursuing equity for all. At our core, we help those in need. Together we will work equally hard to make Wallick a safe place to live and work, now and always, without prejudice.  

OHFA Awards Wallick over $827,000 in Tax Credits

Wallick Communities received $827,540 in Low Income Housing Tax Credits from the Ohio Housing Finance Agency (OHFA) for the financing of Fenner Village Apartments located in Hillsboro, OH. Fenner Village will offer 56 one, two, and three-bedroom units targeting working families in Hillsboro and the rest of Highland County. The $10 million project will offer fully equipped kitchens with dishwashers and garbage disposals, washer/dryer hookups, spacious closets, patios/ balconies, and exterior storage. Project amenities will consist of a playground, ample green space, and a separate community center with a kitchenette, exercise room, computer center, sitting area, and covered patio.

In addition to Wallick, only 36 other developments throughout Ohio were awarded tax credits by OHFA.