EMPOWER BEHAVIORAL HEALTH PORTFOLIO

INVESTMENT HIGHLIGHTS

• GROWING INDUSTRY – The ABA market in the United States was valued at $3.8 to $4 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.5% to 4.8% by 2032.
• RECESSION RESISTANT ASSET CLASS – Healthcare is considered recession-resistant due to the essential nature of its services, which maintains consistent demand even during economic downturns. The critical need for behavioral health treatments ensures stable revenue streams, supported by government funding and insurance coverage, making these properties a secure investment in uncertain economic times.
• INFLATIONARY PROTECTED LEASE – The leases feature above-market, 3% annual rent increases, providing a significant boost to cash flow, an effective equity appreciation tool, and a strong hedge against inflation for investors.
• PASSIVE NNN LEASE STRUCTURES – The tenant will sign fresh seven-year NNN leases with minimal landlord responsibilities, providing a passive investment vehicle for both local and out of- state investors.
• STRATEGICALLY SELECTED HIGH-INCOME MARKETS – The portfolio is predominantly located in affluent markets, with average household incomes reaching up to $146,785.
• MULTI-UNIT REGIONAL PROVIDER – EBH operates 15 locations, including four in San Antonio and three in Houston, which are among Texas’ top MSAs. The company is also in-network with many of the leading insurance providers.
• RECENT MERGER WITH PRIVATE EQUITY-BACKED OPERATOR – In 2022, EBH merged with the private equity-backed Circle of Care to enhance its therapy services. Founded in 2007, Circle of Care specializes in pediatric speech, physical, and occupational therapy for children from birth to 20 years old. The company operates three clinic-based locations and offers in-home services across all major Texas MSAs.
• Andrew Fagundo, Rahul Chhajed, & Michael Moreno in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.