Behavioral Health Business June 20, 2024
Chris Larson

Healing Realty Trust has the first tranche of a $25 million Series A funding round.

The Jupiter, Florida-based real estate investment company will use the funds to acquire health care facilities in Texas, Ohio and Connecticut — one facility each. Healing Realty Trust is focused on developing real estate for clinics that house novel behavioral health treatments, especially psychedelic-assisted therapies. The organization’s focus also includes clinics for providers that offer physical health care as well.

“Wellness properties have been historically overlooked by healthcare-focused REITs despite being the fastest growing area of the wellness economy,” Joe Caltabiano, CEO of Healing Realty Trust, said in a news release. “As a first mover in this sector, we have cornered an untapped, high-growth opportunity...

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