Lombard Place Assisted Living & Memory Care

What Lombard Place Assisted Living & Memory Care does

Lombard Place Assisted Living & Memory Care is a single senior living community located at 300 22nd Street, Lombard, Illinois, operating as a wholly-owned community within the Spectrum Retirement Communities, LLC portfolio (parent headquarters: 4600 South Syracuse Street, Floor 11, Denver, Colorado). The community delivers two primary care levels — Assisted Living and Memory Care — for older adults requiring help with activities of daily living or specialized dementia and Alzheimer's support. The site is staffed with 11-50 employees and operates under a 24-hour emergency response and 24-hour staffing model, with assessments conducted via the St. Louis University Mental Status Exam (SLUMS) to inform individualized care plans.

The underlying service platform is care-driven rather than technology-driven. Clinical differentiation rests on a Montessori-based Memory Care philosophy that customizes experiences to each resident's abilities, interests, and preferences, supported by Adult-Centric programming and what Spectrum brands as "Revolutionary Dining" — chef-prepared rotating menus built around seasonal and regional produce. The broader Spectrum operating platform extends across 39 communities in 8 U.S. states (Arizona, Colorado, Illinois, Kansas, Missouri, New Mexico, Ohio, Texas), with a real estate subsidiary, Spectrum Acquisition Partners, handling development, acquisitions, and third-party management services.

Revenue mechanics are consumer-recurring: Spectrum prices monthly resident fees that bundle housing, meals, utilities, housekeeping, activities, and care services, varying by care level (Independent Living, Assisted Living, Memory Care) and apartment/floor plan. Pricing is quote-based and not publicly disclosed. Go-to-market is direct-to-consumer via community tours, an online scheduling flow on spectrumretirement.com, a "Refer A Friend" program, and a multi-channel social presence (Facebook, Instagram, TikTok, YouTube). Lombard Place functions as one operating unit within this larger portfolio, and any investment thesis on Lombard Place specifically should be evaluated in the context of the parent operator's scale and capital structure (parent is a private Colorado LLC).

Name

Lombard Place Assisted Living & Memory Care

Legal name

Lombard Place Assisted Living & Memory Care

Website

https://spectrumretirement.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Lombard Place Assisted Living & Memory Care is an Illinois-based senior living community in Lombard, offering Assisted Living and Memory Care services under Spectrum Retirement Communities' Montessori-based care model for older adults requiring daily living support or dementia care.

Ownership category

akta.pro rank

Product category

Senior Living / Assisted Living and Memory Care

NAICS

Assisted Living Facilities for the Elderly (623312), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Continuing Care Retirement Communities (623311)

SIC

Services-Nursing & Personal Care Facilities (8050)

akta.pro industry

PRIMARYHLADABAB

Assisted Living with Memory Care (Mixed Campus)

Healthcare & Life Sciences/Elder Care & Long-Term Care/Assisted Living Facilities

SECONDARYHLADACAB

Memory Care Units within Assisted Living Communities

Healthcare & Life Sciences/Elder Care & Long-Term Care/Memory Care (Dementia/Alzheimer’s) Communities

SECONDARYHLADAAAI

Independent Living Community Ancillary Services (Dining/Transportation/Wellness Programs)

Healthcare & Life Sciences/Elder Care & Long-Term Care/Independent Living Communities

Keywords

• Assisted living services
• Memory care services
• Independent living
• Senior living community
• Retirement care

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Senior Living Monthly Fees: Communities generate recurring monthly revenue through resident fees covering housing, meals, utilities, housekeeping, activities, and care services. Pricing varies by care level (Independent Living, Assisted Living, Memory Care) and apartment size/floor plan.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Lombard Place Assisted Living & Memory Care operates a senior living community in Lombard, Illinois delivering a continuum of care across Independent Living, Assisted Living, and Memory Care, supported by 24-hour emergency response and staffing, Montessori-based Memory Care, chef-prepared "Revolutionary Dining," scheduled transportation, and customized care plans. Residents occupy apartments or cottage homes and receive housing, meals, utilities, housekeeping, activities, and tiered personal/cognitive care for a recurring monthly fee.

Product overview

Spectrum Retirement Communities operates Lombard Place Assisted Living & Memory Care as part of a portfolio of senior living communities offering a continuum of care. The company provides Independent Living, Assisted Living, Memory Care, and Cottage Homes as distinct care levels, supported by services including Revolutionary Dining (restaurant-style dining with chef-prepared meals), Scheduled Transportation, and Wellness Programs. The Montessori-based Memory Care program uses the St. Louis University Mental Status Exam (SLUMS) for assessment. All communities feature state-of-the-art amenities and best-in-class hospitality.

Differentiator

Problem solved

Functional benefit

Products and services

• Independent Living A worry-free retirement lifestyle offering apartment living in desirable locations with state-of-the-art amenities, activities, and hospitality for seniors who do not require daily assistance. Targeted at active seniors seeking maintenance-free living, dining, and social engagement.
• Assisted Living Customized care coupled with an environment to thrive, providing freedom to enjoy life with the right amount of care while maintaining independence. Services include medication management, daily living assistance, and personalized support for seniors needing help with bathing, dressing, grooming, and medications.
• Memory Care Cognitive support using a Montessori-based philosophy to extend and maximize interests and abilities for residents with dementia or Alzheimer's. Includes 24-hour emergency response, 24-hour staffing, daily activities, and customized experiences tailored to each resident's abilities and preferences.
• Cottage Homes Single-family style homes within the community offering independent living options for seniors who prefer more private, house-like accommodations than traditional apartments.

Quantifiable outcome

• More than $66,000 raised for Alzheimer's Association's Walk to End Alzheimer’s

Named customers4 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Atria Senior Living: Large national senior living operator offering independent living, assisted living, and memory care across more than 200 communities. Comparable in service mix and target demographic, but with substantially greater scale and capital resources.
• Brookdale Senior Living: The largest senior living operator in the US with 600+ communities offering assisted living, memory care, and independent living. Direct overlap in services and customer base, though at much greater national scale.
• Sunrise Senior Living: Established national operator known for premium assisted living and memory care, with communities across the US and internationally. Comparable in care-level mix and emphasis on quality of resident experience.

Direct peers

• Legend Senior Living: Privately held operator of Independent Living, Assisted Living, and Memory Care communities primarily in the central and southern US. Similar multi-state regional focus and private ownership structure.
• Integral Senior Living: Third-party management and operating partner for Independent Living, Assisted Living, and Memory Care communities nationwide. Similar service portfolio and operating model.
• Senior Lifestyle: Mid-sized senior living operator with Independent Living, Assisted Living, and Memory Care communities across multiple US states. Closely comparable to Spectrum Retirement in scale, multi-state footprint, and continuum-of-care model.
• Pegasus Senior Living: Privately held senior living management company operating Independent Living, Assisted Living, and Memory Care communities across the US. Comparable operator profile and service offering to Spectrum Retirement.
• Spectrum Retirement Communities: The parent operator of Lombard Place, running 39 senior living communities across 8 states with Independent Living, Assisted Living, and Memory Care offerings — the directly comparable platform for benchmarking portfolio scale and operating model.
• Discovery Senior Living: Operator and developer of senior living communities offering Independent Living, Assisted Living, and Memory Care across multiple US states. Comparable mid-sized footprint and care continuum.

Regional players

• Gardant Management Solutions: Operator of assisted living and memory care communities with a stronger Midwest regional concentration. Comparable care model and resident demographic, with overlapping geographic presence in Illinois.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/SpectrumCommLLC
• YouTubeyoutube.com/channel/UCRZCF-pqKwDnv77T7OscOVA
• Facebookfacebook.com/SpectrumRetirement
• Instagraminstagram.com/spectrumretirementcommunities
• TikToktiktok.com/@srcommunities
• LinkedInlinkedin.com/company/spectrum-retirement-communities-llc-

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries40 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lombard Place Assisted Living & Memory Care