WALCOTT, IOWA (December 9, 2024) — Senior Housing Consultants, a prominent Midwest asset-management firm, proudly announces the acquisition of Courtyard Estates of Walcott by a local ownership group.
The community, now known as Better Living of Walcott, has been an integral part of the Walcott community for many years. Nick Merlino, COO of Senior Housing Consultants, expresses enthusiasm about adding this robust community to their asset management portfolio.
"With a local ownership group now in place, the community and residents of Walcott will benefit from committed individuals who are deeply familiar with Iowa Midwest living and dedicated to providing first-class care," Merlino states.
As part of their commitment to enhancing the living experience, Senior Housing Consultants plans to invest $1.3 million in capital improvements in the community.
"It is crucial to us that residents live in safe, updated, and comfortable environments," states Jared Gevock, VP of Asset Protection for Senior Housing Consultants. "The planned improvements range from essential repairs such as roof and window replacements to aesthetic upgrades including new carpeting throughout the community and updated apartments. Additionally, residents will enjoy new amenities such as a salad bar, community-wide Wi-Fi, and an upgraded security system."
Management of Better Living of Walcott will be overseen by Better Living Management Services, a local senior living management company based in Solon, Iowa. With a strong presence in the Midwest and sister communities in close proximity such as Coralville, Muscatine, and Fort Madison, Better Living Management is committed to fostering a supportive and engaging environment where residents feel valued and at home.
"We are honored to join the wonderful community of Walcott," says Seth Phillips, CEO of Better Living Management. "Our focus is on creating personalized experiences that cater to the unique needs of each resident, ensuring they live their best possible lives."
Senior Housing Consultants asset manages nineteen communities across Iowa, Wisconsin, Minnesota, and Nebraska. With an experienced team of professionals, they have provided market and financial analysis, project management, and occupancy-development services to the senior housing industry for over twenty years.
For more information, please visit seniorhousingconsultants.com. For more information on Better Living Management and Better Living of Walcott, please visit seniorlivingonlybetter.com.
