Pinnacle Living Acquires Two Virginia Communities
October 2, 2024
RICHMOND, VA — Pinnacle Living, a nonprofit provider of retirement living, has finalized its previously announced deal to acquire two Spring Arbor Living communities here in the capital of Virginia.
According to a press release, Spring Arbor of Richmond, which has been renamed Hermitage Deep Run, and Spring Arbor Cottages of Richmond, now called Hermitage Three Chopt, specialize in assisted living and memory care services and will greatly expand Pinnacle Living’s ability to provide these much-needed services to older adults in Central Virginia.
“Our mission guides us to work in partnership with residents to provide quality services,” said Pinnacle CEO Chris Henderson when this transaction was initially announced over the summer. “Importantly, this work is done with an eye toward the evolving landscape in senior living and the growing and diverse population of older adults in our area.
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“We are thrilled to add these two communities to the Pinnacle Living family,” Henderson added. “We are committed to ensuring a smooth transition for residents in these communities and remain committed to maintaining the exceptional service residents expect and deserve.”
With the addition of these two communities, Pinnacle Living now includes six communities throughout Virginia.
Pinnacle Living, which is headquartered in this city and formerly known as Virginia United Methodist Homes, Inc., was founded in 1947 and began serving residents in 1948 as part of the church’s mission to serve seniors. Pinnacle Living, guided by its mission, Enriching Life’s Journey, continues to honor its faith-inspired roots and welcomes residents of all faiths. Pinnacle Living communities are home to more than 1,200 residents and employ more than 1,000 team members.