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Independent senior living communities are the least expensive of the three primary senior living options. Monthly costs vary significantly by community type, size of apartment, location and services offered. The average total cost for a U.S. one bedroom independent senior living apartment is $2,750 per month.
Erickson Senior Living was founded in 1983 by John C. Erickson as Erickson Retirement Communities. [2] The first location was a conversion of a Baltimore seminary in Catonsville, Maryland. [3] By 2009, Erickson operated a billion-dollar portfolio of properties in states from Massachusetts to Texas. [4] Erickson filed for Chapter 11 bankruptcy ...
Acts Retirement-Life Communities (Acts), based out of Fort Washington, Pennsylvania, is the third largest not-for-profit owner, operator and developer of continuing care retirement communities (CCRCs) in the United States. [1]
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Ryderwood was originally established in 1923 as a Long-Bell logging camp, then was sold to Senior Estates, Inc. in 1953 to create a retirement community. [7] Senior Estates, Inc. converted the town into a retirement community. Time Magazine covered the event in the real estate section with the article "Old Folks at Home [8]". As of 2019 ...
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