THE 90s
Then, in 1991, David hooked up with business partner, Mitchell Pozez, whose business and financial savvy helped the company invest in some key deals. These deals led to a formidable relationship with another financial partner, George B. Kaiser, listed among the Forbes 400, who subsequently invested more than $350 million with The Fountains. During these years the Fountains also developed a distinctive and sustainable company culture.

Backed for the first time by serious investment capital, Fountains Continuum of Care ("The Fountains") blossomed in the '90s completing multiple acquisitions. In most cases, acquisitions involved under-performing campus-style retirement communities. The Fountains turned around the properties with sound management and innovative programs, attracting satisfied customers while also providing an ROI that kept private investors satisfied.

David Barnes and Debbie DeRolf rescuing resident belongings after Hurricane Floyd in Tarboro, NC, 1999

The Fountains' portfolio grew from a fractional share of 260 units in 1991 to 100% ownership of nearly 4,000 units in 14 communities by the end of 1997. In 1997, the company reported assets of $220 million, gross revenues of $42 million and a net operating income of nearly $4 million. By the end of FY 2000, assets had grown to $350 million, with gross revenues of $120 million and NOI of $21 million. By June of 2005, when substantially all of the assets of the company were sold, representing one of the largest single transactions in industry history, annual revenues on 4829 units topped nearly $200 million, producing an NOI of over $50 million.