• Structure: Standalone
• Ownership: Privately Held
• Year Founded: 1983
  
• Business Description: Real Estate; Development and Operations of Retirement Communities

Developing and managing retirement communities for more than 25 years

Erickson Retirement Communities has been based in Baltimore County, Maryland, since 1983. The company’s core business is developing and managing retirement communities. For middle-income people, the Erickson lifestyle offers unparalleled opportunities and is the best financial and health decision people 62-plus can make.

The Erickson network currently comprises 19 campuses in Colorado, Illinois, Kansas, Maryland, Massachusetts, Michigan, New Jersey,Pennsylvania, Texas, and Virginia, which together are home to more than 22,000 people and employ more than 12,000.

Erickson pioneered the 100% Refundable Entrance Deposit,* which protects residents' equity and a fee-for-service schedule that ensures residents only pay for services they want and/or need, making the full range of housing and health services available to middle-income Americans.

A full-service, maintenance-free lifestyle

There are numerous services available to people who live in Erickson communities, including transportation, grounds maintenance, and housekeeping. This worry-free lifestyle includes on-site amenities like restaurants, stores, a Fitness Center with full-time trainers, and a Medical Center staffed by board certified primary care physicians who specialize in geriatrics and practice only at Erickson campuses.

Low-impact, self-sufficient campuses

Erickson campuses provide their own security and emergency response service, as well as road repair, snow removal, and other services typically funded by the local government. In the greater communities where they are located, Erickson campuses have a positive economic impact through real estate taxes, capital investment, community expenses, and the creation of about 1,000 new jobs per campus.

*As per the Residence and Care Agreement.