17 Jul The New Wave of Behavioral Healthcare
A great article on the growing need for Behavioral Healthcare facilities in America. We like this emerging sector and, as a result, our NEMI FUND II has 4 behavioral health projects under contract. We are currently conducting our due diligence, working to underwrite these projects and looking forward to adding these assets to our portfolio.
Over 43 million Americans experience mental illness each year, according to the National Association of Mental Illness. Over 10 million Americans suffer from both mental health and addiction disorders. More than 60% of adults with mental illness didn’t receive treatment in the previous year, but a shifting healthcare landscape is creating more funding and opportunities to provide care.
Increased demand for care, a scarcity of locations and insurance requirements to cover mental health have led to additional interest in this area from healthcare systems, real estate investors and private equity…