Fiscal Responsibility Equals Higher Value at an Erickson Community
By Melissa Borgerding
THE ERICKSON TRIBUNE
Ask Naperville residents Lin and Pat Carter why they chose to join the Priority List at Monarch Landing, and they’ll tell you that they appreciate the value and the financial security.
“A very strong incentive for us was the entrance deposit being 100% refundable,” says Lin, who likes the security of knowing that he and wife Pat will receive their entrance deposit back should they ever decide to leave Monarch Landing.
But just how can Monarch Landing offer such a high level of amenities, including pioneering the 100% Refundable Entrance Deposit, at such an extraordinary value?
Innovation With Your Equity in Mind
For 23 years, John Erickson has instilled a model of respect, leadership, exceptional service, responsive best-practice management, and fiscal responsibility throughout the organization.
Solid investors, a skilled not-for-profit board of directors, and careful planning have allowed Erickson to offer an unparalleled lifestyle to more than 16,000 people nationwide.
The 100% Refundable Entrance Deposit provides financial security while simultaneously giving Erickson the means to minimize debt-service costs. As a result of this smart financial planning, Erickson keeps both your initial investment and your monthly service package much lower than companies that pass on the cost of long-term debt to their customers.
Keeping Costs Down
Another result of Erickson’s careful financial planning is the comprehensive monthly service package. Your monthly service package covers everything that you are currently paying for in your home, expect telephone service. That includes one meal daily in your choice of the Millstone restaurant or Riverwalk Café, all utilities and cable TV, all home maintenance and repairs,the on-site Fitness Center, swimming pool, scheduled transportation, and 24-hour security.