Wallick Wire
    Wallick’s Newest Business Unit Brings Value to Owners

Since its creation in late 2012, Wallick’s Asset Management team has already created economic value for third-party property owners and for the company. Acting as the owners’ representative, this team has:
  • Acquired four new properties and limited partnership interests in more than 35 properties
  • Sold two non-core properties
  • Raised new capital through a private placement transaction
  • Re-financed 11 properties through various financing programs
  • Applied for and received a Multi-Family Housing Preservation and Revitalization (MPR) award from USDA Rural Development
  • Worked with Property Management to improve operations, including optimizing rents and reducing real estate taxes
  • Established a system of key metrics to quickly identify property performance issues
  • Turned around troubled assets
“This past year was a mix of offense and defense, as well as some home runs,” said Wallick Senior Vice President of Asset Management Sharon Shaffer. “Looking ahead, we intend to continue to enhance the value of our portfolio, with the ultimate goal of having every community one that any of us would be proud to call home.”

This value added service benefits residents, community owners and Wallick.
Another answer to the question,
“Why Wallick?”


   



Wallick Communities — Finalist for Business First Best Places to Work Award

Two of Wallick Communities’ most important, ongoing business goals are to be a great place to live for our residents and a great place to work for our associates.

We are proud to be named a finalist for Business First newspaper’s “Best Places to Work” in the mid-size business category for the third year in a row. This recognizes the top companies in Central Ohio based on confidential employee satisfaction surveys.



New Year, New URL


You may have one or more Wallick contacts in your address book. We are in the process of moving associates to a new URL, Wallick.com. Email addresses will change from @wallickcos.com to:

@wallick.com

For nearly everyone, the email addresses will have the same structure: first initial and last name.






   
6880 Tussing Road   Reynoldsburg, Ohio 43216-1023   614.863.4640   wallick.com