LAS VEGAS--(BUSINESS WIRE)--Landmark Recovery announced the opening of a new in-patient drug and alcohol recovery treatment center in Las Vegas on Dec. 18. Landmark worked with Wellness Real Estate Partners (“WREP”), a private real estate company focused exclusively on investing in real estate leased to behavioral health companies. WREP facilitated the transaction by providing the capital necessary to acquire the real estate previously owned by Las Vegas Recovery Centers and entered into a long-term lease with Landmark. This is Landmark’s first acquisition deal within the recovery space, but they are not new to addiction treatment. Landmark owns and operates 6 other recovery treatment centers in Oklahoma, Indiana and Kentucky and is on track to open an additional 10 locations across the U.S. in 2021.
Patrick Haynes, WREP’s co-founder, stated, “We are proud to be partnering with a best-in-class treatment provider like Landmark. Our mission is to help behavioral health companies grow while retaining full control of their locations without needing to tie up their capital in the real estate. Today, more than ever, behavioral health services are needed across the country and Wellness Real Estate Partners remains committed to supporting companies who are addressing this critical need.”
Located at 3371 N Buffalo Dr., Las Vegas, NV 89129, the first West Coast Landmark Recovery facility will offer in-patient residential treatment, detox, partial hospitalization, intensive outpatient, group and individual therapy sessions led by Master’s level clinicians, SMART Recovery and 12-step recovery meetings. Landmark treatment provides a commitment to consistency created by the curriculum that helps patients both during and after treatment stick to sobriety.
“We are focused on geographical locations that don’t have access to addiction treatment,” said Matt Boyle, CEO of Landmark Recovery. “However, while Las Vegas does have a few other treatment options, Las Vegas Recovery Center was open to selling their center and we wanted to step in that gap and continue offering Las Vegas residents access to high-quality treatment.”
Landmark Recovery of Las Vegas will be able to house 96 patients and will focus treatment on healing the trauma that many people with addiction experience. Landmark has grown quickly in the past 4 years as they are meeting the increased need for high-quality, affordable and accessible addiction treatment.
Charley Melson, Executive Director of Landmark Recovery of Las Vegas said, “I’ve been with Landmark for 3 years, most recently running a Medicaid facility in Louisville. As a licensed therapist, I’ve seen a lot and Landmark is a step above the rest, which is why I’m so proud to work here and to bring this type of treatment to the Las Vegas community.”
About Landmark Recovery
Landmark Recovery, founded in 2016, offers individualized treatment, including detox, inpatient drug and alcohol rehab, intensive outpatient, and alumni programming to address addiction. Landmark has drug and alcohol rehabilitation centers in Las Vegas, Indianapolis, Oklahoma City, Louisville, and Lexington. If you or a loved one need help with recovery, call 866-504-8545 or visit, www.landmarkrecovery.com.
