Behavioral Health Business October 27, 2023
When it comes to creating new behavioral health facilities, buying used may be a better bet than building new.
Adaptive reuse conversions involve transforming buildings previously used for another purpose into behavioral health facilities. An increasing portion of the facilities adapted to behavioral health uses are skilled nursing facilities (SNF) or assisted living facilities.
If done correctly, opting for an adaptive reuse conversion can save time and money.
Sabra Healthcare REIT (Nasdaq: SBRA) has 13 facilities that have been, or are in the process of being, converted to a SUD facility for another use. Most of these have been converted from skilled nursing facilities.
Sabra identified substance use disorder (SUD) treatment as an opportunity because of its “enormous demand, limited...
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