Transactions

Goodwin House Inc. Acquires Hermitage Northern Virginia from Pinnacle Living

May 19, 2022

ALEXANDRIA, VA—Goodwin House Inc. (GHI), a not-for-profit regional senior living and health care services organization in the National Capital Region, announced today their acquisition of Hermitage Northern Virginia, a senior living community in Alexandria, Virginia. The sale is expected to be final on August 1, 2022. The community is home to 100 residents, employs more than 100 people and offers independent living, assisted living and long-term care.

“Goodwin House is grateful and excited to welcome the residents and team members of Hermitage Northern Virginia into our organization. Together, we will continue to grow our mission to support, honor and uplift the lives of older adults and those who care for them,” said Rob Liebreich, GHI president and CEO. “We are also grateful to Pinnacle Living for its 60 years of service to the older adults and team members who have resided and worked at Hermitage Northern Virginia.”

Both GHI and Pinnacle Living are faith-based, not-for-profit organizations. Pinnacle Living owns and operates four other senior living communities in Virginia.

“Hermitage Northern Virginia has been a valuable part of our business portfolio for 60 years,” said Christopher P. Henderson, Pinnacle Living president and CEO. “We are delighted to transition this beautiful community to Goodwin House, an organization that shares similar faith-based roots and a long-standing commitment to meeting the needs of seniors and those who choose to serve in our mission focused field. It brings tremendous comfort to know that our mission will continue in Goodwin House’s capable hands.”

GHI owns and operates two life plan communities, Goodwin House Alexandria and Goodwin House Bailey’s Crossroads; offers Goodwin House at Home, a life care at home program to older adults who reside in Virginia and the District of Columbia; serves as the managing agent for The Lewinsville Retirement Residences, a Section 202 senior housing community in McLean, Virginia; provides Medicare-certified health care services including home health, rehabilitation and hospice across northern Virginia; and extends innovative brain health programming to older adults throughout the United States.

“Goodwin House looks forward to working closely with Pinnacle Living to ensure a smooth transition experience for the residents and team members,” said Liebreich. “As we welcome the residents and staff of Hermitage Northern Virginia into the Goodwin House family, we are very appreciative of the opportunity to be an organization of choice for more older adults and an employer of choice for the people who serve them in the National Capital Region.”

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