Erickson Living, formerly known as Erickson Retirement Communities, has been headquartered in Baltimore, Maryland, since 1983. The company’s core business is developing and managing campus-style retirement communities where adults age 62 or older can live an active, engaging lifestyle. One of the largest operators of continuing care retirement communities in the U.S., Erickson Living currently employs nearly 12,000 individuals who serve more than 20,000 residents across the nation.
Founder John C. Erickson built the first Erickson community on the grounds of the abandoned St. Charles seminary in Catonsville, Maryland. Erickson converted the turn-of-the-century abandoned seminary at Charlestown into America's largest continuing care retirement community (CCRC) by 2000, with 2,500 residents.
The success of Charlestown inspired John Erickson to expand his vision. Today, the Erickson Living network has grown to 16 campuses in 9 states.
Erickson Living’s financial model
Erickson Living has a unique financial set up for seniors who are on a fixed income and wish to protect their assets for future generations. Residents secure their apartment homes with a one-time refundable entrance deposit. Up to 100% of this deposit is returned to the resident or their heirs when they leave the community. Erickson Living also bundles most regular bills into a convenient Monthly Service Package that covers utilities, property taxes and a host of other services with a single fee that remains consistent all year long.
Continuing care services
In addition to independent living apartments, Erickson Living communities also offer a full array of continuing care services right on campus. Residents receive the extra support they need from a staff of licensed on-site nurses and full-time physicians who specialize in the health needs of older adults. An individual does not have to currently reside at an Erickson Living campus to come to the continuing care neighborhood. Outside referrals are welcome and Medicare and most other insurances are accepted.
- Answers.com, scholarly Answers.com article on the history of Erickson Retirement Communities, retrieved 2010-12-22
- Erickson Living (2010), Erickson Living Website - About Us, retrieved 2010-12-22
- US Congressional Commission on Affordable Housing August 2001. Archive. 28 Aug. 2009 (2001), John C. Erickson, retrieved 2010-12-22
- Erickson Living (2010), Erickson Living Website - Our Communities, retrieved 2010-12-22