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Erickson filed for
Chapter 11 in 2009. The majority of that company's assets were purchased by Redwood Capital Investments LLC for $ 365 million, and a new Erickson Living company was created as a subsidiary of Redwood Capital Investments LLC. The company was renamed to Erickson Senior Living in
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In 2015, Erickson Senior Living was ranked as one of the top 10 senior living providers in the
Assisted Living Federation of America's (ALFA) annual ranking of senior living providers by resident capacity. In that same listing, Erickson Senior Living ranked in the top five of independent living
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Erickson Senior Living owns, manages, and operates campus-style retirement communities that provide independent living, assisted living, memory and skilled nursing care. Residents pay a fee an upfront deposit to secure an apartment home and a single monthly fee to cover most living expenses.
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Erickson Senior Living was founded in 1983 by John C. Erickson as
Erickson Retirement Communities. The first location was a conversion of a Baltimore seminary in Catonsville, Maryland. By 2009, Erickson operated a billion-dollar portfolio of properties in states from Massachusetts to Texas.
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in the United States. It provides independent living, assisted living, memory and skilled nursing care, managing 20 campus-style retirement communities in 11 states. Headquartered in
Catonsville, Maryland, it employs 14,000 people for 24,000 residents as of 2017.
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Residents pay only for services they want or need and if a resident moves out or dies, a percentage of the deposit is returned to them or their heirs when a new tenant for the apartment is found. As of 2018, Erickson had 20 managed communities in eleven states.
166:(ASHA) ranked Erickson Senior Living as 14th largest senior housing owner and 5th largest senior housing operator in the ASHA 50, a listing of the largest owners and operators of senior housing communities in the United States.
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333:"On the Record: Adam Kane, SVP of Corporate Affairs at Erickson Senior Living - Senior Housing News"
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In 2017, Erickson invested $ 47.5 million to expand its original
Charlestown campus.
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425:"Erickson hopes to move forward with 78-acre retirement community near George Mason"
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207:"Unlike anything in Utah, this huge new retirement community offers a 'life plan'"
526:"ASHA, Seniors Housing Business Release 2022 List of Largest Owners, Operators"
396:"Senior Living Giant LCS Recapitalizes With Redwood, McCarthy, Employee Owners"
501:"The Top-10 Largest Senior Living Providers in 2015 - Senior Housing News"
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381:"Erickson Senior Living launches $ 47.5M expansion of Charlestown campus"
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185:"Senior living companies launch Harvey relief efforts as Irma looms -"
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Independent living, assisted living, memory and skilled nursing care
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In 2022, Redwood
Capital Investments added an ownership stake in
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260:"Erickson Retirement Communities to be sold to Redwood Capital"
475:"Retirement can be only as secure as your retirement home"
241:"Erickson's smart bets soured along with nation's economy"
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Troianovski, Anton; Lattman, Peter (December 24, 2009).
279:"Erickson Auction Revives Interest in Senior Housing"
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709:Housing for the elderly in the United States
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285:. Vol. 254, no. 149. pp. B3
258:Hilzenrath, David S. (December 24, 2009).
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473:Hilzenrath, David S. (October 31, 2009).
360:. Erickson Senior Living. April 28, 2021
441:The SAGE Handbook of Social Gerontology
312:. Vol. 23, no. 17. p. 27
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116:is an owner, manager and developer of
283:Wall Street Journal - Eastern Edition
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533:American Seniors Housing Association
205:Semerad, Tony (September 24, 2018).
183:Bowers, Lois A (September 5, 2017).
164:American Seniors Housing Association
423:Arcieri, Katie (November 9, 2018).
358:"Welcome to Erickson Senior Living"
379:Simmons, Melody (August 1, 2017).
306:"Erickson Emerges from Bankruptcy"
144:, another senior living provider.
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394:Mullaney, Tim (January 3, 2022).
310:Mergers & Acquisitions Report
239:Hancock, Jay (October 21, 2009).
331:Alyssa, Gerace (April 8, 2012).
304:Holman, Kelly (April 26, 2010).
689:Retirement in the United States
499:Study, Emily (March 26, 2015).
427:. Washington Business Journals.
220:Marbella, Jean (June 7, 2013).
91:Redwood Capital Investments LLC
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699:Companies established in 1983
617:Atria Management Company, LLC
383:. Baltimore Business Journal.
222:"Charlestown Ages Gracefully"
694:Companies based in Baltimore
668:Supplemental Security Income
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39:owner, manager, developer
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209:. The Salt Lake Tribune.
189:McKnight's Senior Living
162:providers. In 2022, the
632:Five Star Senior Living
612:Brookdale Senior Living
148:Properties and services
73:Christian Sweetser, CFO
622:Erickson Senior Living
445:. SAGE. 2010. p.
157:Awards and recognition
118:retirement communities
114:Erickson Senior Living
19:Erickson Senior Living
627:Sunrise Senior Living
103:.ericksonseniorliving
57:Catonsville, Maryland
605:Commercial companies
599:in the United States
461:Erickson Retirement.
37:Retirement community
646:Government programs
505:Senior Housing News
479:The Washington Post
400:Senior Housing News
337:Senior Housing News
264:The Washington Post
71:Debra B. Doyle, COO
69:R. Alan Butler, CEO
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704:Elderly care
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52:Headquarters
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510:January 11,
484:January 28,
683:Categories
170:References
65:Key people
538:April 28,
405:April 27,
658:Medicaid
653:Medicare
78:Services
33:Industry
316:May 28,
289:May 28,
96:Website
44:Founded
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134:2021.
87:Parent
529:(PDF)
540:2023
512:2018
486:2021
451:ISBN
407:2023
366:2021
344:2017
318:2023
291:2023
105:.com
47:1983
637:LCS
447:488
142:LCS
101:www
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
