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Virtue Recovery Center – Las Vegas, NV

Clearinghouse CDFI provided a $6.1 million loan to Newport Consulting for the short-term refinancing of Virtue Recovery Center in Las Vegas, a 72-bed behavioral health facility in Southern Nevada. Built in 2017, the facility is fully leased, operating at 100% occupancy under a long-term triple-net lease with eight years remaining.

Expanding Behavioral Health Access in Southern Nevada

Virtue Recovery Center operates a national network of behavioral health centers, including three in Las Vegas and 10 locations across four states. The organization specializes in addiction recovery, eating disorder treatment, and broader mental health services. This investment will enable Virtue Recovery Las Vegas to serve up to 250 patients annually and create 50 full-time jobs, while strengthening the facility’s operational stability.

By expanding access to behavioral health care and reinforcing long-term infrastructure, this project supports community wellness, job creation, and sustainable economic growth in Southern Nevada.

Download the PDF: Just Funded – Virtue Recovery Center

17NV-1257

Financing Provided:
$6.1 Million Loan
Location:
Las Vegas, NV
Impact:
Clearinghouse CDFI’s loan supports the continued expansion of Virtue Recovery Center Las Vegas, a behavioral health facility offering addiction recovery and mental health treatment. This project strengthens operations at a 72-bed, fully leased property and enables service for up to 250 patients annually. In addition to creating 50 full-time jobs, the investment addresses rising demand for behavioral health care in Southern Nevada through high-quality, community-based treatment.
Purpose:
To expand access to behavioral health care while supporting long-term operational growth and job creation in Southern Nevada
Year Funded:
2024
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