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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 over 17,000 people for 24,000 residents as of ...
Brokers affiliated with Morgan Stanley then formed an LLC called "Chicago Parking Meters LLC" to facilitate a potential deal with the city over the sale of the meters. [4] By December 3, 2008, a deal was made to sell all 36,000 [5] [6] of the parking meter spots in the city for 75 years for $1.15 billion.
The 53-story building is designed by Perkins and Will, and is one of the tallest buildings reserved for senior citizens in the world. [2] This building also includes 50,000 square feet (4,600 square meters) of classroom space at the bottom to replace two small classroom buildings belonging to Loyola University Chicago.
The Catalog House was designated a Chicago Landmark on May 17, 2000. [7] In later years, Montgomery Ward and Company added several warehouses and parking structures, followed by a 26-story office building in 1972, designed by architect Minoru Yamasaki, who also designed the former World Trade Center towers in New York City. [4] [5]
The monthly fees rise when further care is needed (assisted living average $4,400; nursing care average $8,200). Pay as you go: Residents pay a lower entrance fee (average $238,000), but initial monthly fees (average $2,000) increase when additional care is needed (assisted living average $4,300; nursing care average $7,700)
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