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Erickson Living
Erickson Senior Living is an owner, manager and developer of retirement communities 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. Company history 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. 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 2021. In 2017, Erickson invested $47.5 m ...
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Retirement Community
A retirement community is a residential community or housing complex designed for older adults who are generally able to care for themselves; however, assistance from home care agencies is allowed in some communities, and activities and socialization opportunities are often provided. Some of the characteristics typically are: the community must be age-restricted or age-qualified, residents must be partially or fully retired, and the community offers shared services or amenities. There are various types of retirement communities older adults can choose from, and new types of retirement communities are being developed as the population ages. Examples of retirement community types include: * Assisted Living Communities, also known as Assisted Living and Memory Care assisted living communities, which provide all the daily services seniors need in an apartment or condominium style environment - such as activities, dining, housekeeping, nursing, and wellness - usually in a locked and ...
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Catonsville, Maryland
Catonsville is a census-designated place (CDP) in Baltimore County, Maryland, United States. The population was 41,567 at the 2010 census. The community lies to the west of Baltimore along the city's border. Catonsville contains the majority of the University of Maryland, Baltimore County (UMBC), a major public research university with close to 14,000 students. History Before European colonists settled in present-day Catonsville, the area was occupied by the Piscataway tribe or the Susquehannocks. Rolling Road was used to transport tobacco south from plantations to the Patapsco River on horse-drawn wagons. In 1787, the Ellicott family built the Frederick Turnpike to transport goods from their flour mill, Ellicott Mills, to the Baltimore harbor. Charles Carroll, the last surviving signer of the Declaration of Independence at the time, owned the land around the then newly built road. He instructed his son-in-law, Richard Caton, to develop the area along the road. Caton and his wi ...
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Retirement Communities
A retirement community is a residential community or housing complex designed for older adults who are generally able to care for themselves; however, assistance from home care agencies is allowed in some communities, and activities and socialization opportunities are often provided. Some of the characteristics typically are: the community must be age-restricted or age-qualified, residents must be partially or fully retired, and the community offers shared services or amenities. There are various types of retirement communities older adults can choose from, and new types of retirement communities are being developed as the population ages. Examples of retirement community types include: * Assisted Living Communities, also known as Assisted Living and Memory Care assisted living communities, which provide all the daily services seniors need in an apartment or condominium style environment - such as activities, dining, housekeeping, nursing, and wellness - usually in a locked and ...
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LCS (Senior Living)
LCS may refer to: Schools and organizations * Laboratory for Computer Science, research institute at the Massachusetts Institute of Technology * Lake County Schools school district of Lake County, Florida * Lakefield College School an independent school in Lakefield, Ontario, Canada * Larchmont Charter School, a public charter school in Los Angeles, California * Lebanese Community School in Lagos, Nigeria * Legal Complaints Service, a former body that formally investigated complaints about solicitors in the United Kingdom * Lincoln Christian College and Seminary * Lincoln Community School in Accra, Ghana * Littlehampton Community School, large secondary school in West Sussex, England * Littleover Community School in Derby, England * Lockerby Composite School Canadian Secondary School in Ontario * London Controlling Section, a British World War II secret organisation * London Co-operative Society, a former consumer co-operative society of the United Kingdom * London Correspondin ...
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American Seniors Housing Association
The American Seniors Housing Association (ASHA), created in 1991, is a business association for senior housing providers. It claims to be the "premier source for research, conferences and advocacy." ASHA's membership consists of around 400 companies that operate, develop, and finance various aspects of seniors housing. ASHA's membership owns and/or manages more than 600,000 units of senior apartments, independent living, assisted living, and continuing care retirement communities A continuing care retirement community (CCRC), sometimes known as a life plan community, is a type of retirement community in the U.S. where a continuum of aging care needs—from independent living, assisted living, and skilled nursing care—c .... The ASHA sponsors a political action committee named the Seniors Housing PAC. David S. Schless has been the president of the organization since its founding in 1991. References Official website, American Seniors Housing Association (ASHA) Non-profit o ...
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Retirement In The United States
Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their job due to health reasons. People may also retire when they are eligible for private or public pension benefits, although some are forced to retire when bodily conditions no longer allow the person to work any longer (by illness or accident) or as a result of legislation concerning their positions. In most countries, the idea of retirement is of recent origin, being introduced during the late-nineteenth and early-twentieth centuries. Previously, low life expectancy, lack of social security and the absence of pension arrangements meant that most workers continued to work until their death. Germany was the first country to introduce retirement benefits in 1889. Nowadays, most developed countries have systems to provide pensions on retirement ...
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Companies Based In Baltimore
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Established In 1983
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Elderly Care
Elderly care, or simply eldercare (also known in parts of the English-speaking world as aged care), serves the needs and requirements of senior citizens. It encompasses assisted living, adult daycare, long-term care, nursing homes (often called residential care), hospice care, and home care. Elderly care emphasizes the social and personal requirements of senior citizens who wish to age with dignity while needing assistance with daily activities and with healthcare. Much elderly care is unpaid. Elderly care includes a broad range of practices and institutions, as there is a wide variety of elderly care needs and cultural perspectives on the elderly throughout the world. Cultural and geographic differences The form of care provided for older adults varies greatly by country and even region, and is changing rapidly. Older people worldwide consume the most health spending of any age group. There is also an increasingly large proportion of older people worldwide, especially in devel ...
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