Matthews Real Estate Investment Services' Healthcare Division is pleased to offer the opportunity to acquire a three-property portfolio of inpatient behavioral health facilities specializing in alcohol and drug addiction rehab, located in Iowa and Indiana. These sites will be operated by Nelson Construction and Development and the two Iowa sites will be branded under the ThriveNow brand and the Indiana site will operate under the name, “Indiana Treatment Center”.  Ascension Recovery Services, which has developed and managed behavioral health systems across more than 35 states, will oversee the day-to-day operations at all three sites. With a track record of launching 75 programs and serving thousands of patients, Ascension brings a wealth of experience in delivering sustainable, high-quality care across the full continuum of substance use disorders. Their expertise ensures that each facility adapts effectively to the changing needs of its patients, fostering long-term recovery and stability.   The Pleasant Hill facility opened in December 2024 and is already performing beyond expectations. Iowa City will celebrate its opening with a ribbon-cutting ceremony in the next few weeks, and Mishawaka is expected to commence operations in the coming months. Plans are in place for an additional six facilities, projected to be operational by next year. Nelson’s strategic expansion is focused on states with favorable reimbursement environments, ensuring a diverse payer mix that mitigates financial risks. Each facility is backed by an absolute NNN lease, which includes a 15-year term with 3% annual rent increases, and a personal guarantee from a principal of the operating company who has a net worth exceeding $130 million.   The ownership group is keen to collaborate with a strategic partner to streamline and accelerate their expansion efforts. This investment represents a compelling opportunity to partner with a robust and strategically expanding operator in the high-growth sector of behavioral health services. Broker of Record Adam Marek License No. F03991000 (IA) (866) 889-0550 Pacific Realty Commercial, LLC 11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154