Senior Living Management history

In 1981, Paul and Terry Klaassen sold their home, borrowed money from friends, and bought and moved into an old nursing home in Fairfax, Virginia.

In 1985, Sunrise Assisted Living opened two new Sunrise communities--Sunrise of Leesburg and Sunrise of Warrenton, both in Virginia--and the Klaassens debuted the first Sunrise training program for its employees to ensure that they understood and practiced the hallmarks of assisted living.

In 1988, the first Sunrise prototype home opened in Arlington, Virginia.

Prior to LCB’s founding, the company’s principals and many senior executives were part of Newton Senior Living, which was established in the mid-1990’s and grew to become the 16th-largest assisted and memory care living company in the United States.

Reminiscence Neighborhoods, built around Sunrise's Reminiscence Program for the memory impaired, debuted in 1995.

In June 1996, the company followed in the steps of other assisted-living providers, and made its initial public offering on the NASDAQ. Its revenues for that year were $47 million.

In 1997, the company brought in $89 million.

In 1998, that number increased to $170 million.

In 2000, Thomas Newell assumed the role of president of Sunrise, and the company introduced at-home assisted living.

2001 Sunrise stock moves to the New York Stock Exchange.

Legacy Senior Living was founded in 2002 by Barry Ray as Vision Senior Care Partners, a specialized senior living management organization.

In 2003, Renaissance Marquis located in Rome, GA, became the first retirement community owned and operated by the company.

In 2006, Bryan Cook joined Mr.