Erickson Senior Living is an owner, manager and developer of retirement communities in the United States.

[3] By 2009, Erickson operated a billion-dollar portfolio of properties in states from Massachusetts to Texas.

[5] 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.

[9] In 2022, Redwood Capital Investments added an ownership stake in LCS, another senior living provider.

[11] Residents pay an upfront deposit to secure an apartment home and a single monthly fee to cover most living expenses.