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Valued Partners,
As you all know, New Waters Recovery North Carolina has opened successfully, and we are ramping up client admissions. So far, we have admitted 15 clients in the first week and a half, and we are just getting started. The staff that Graham and the executive team have put together are excelling in providing the elevated level of care we sought to create in New Waters Recovery. As a result, feedback from the clients and the community has been overwhelming.
As you all know, our long-term plan for New Waters Recovery includes at least two additional free-standing detox facilities, first in Kansas City, Kansas, and then another just outside of Columbus, Ohio. These would be followed up by a residential program in either North Carolina or South Carolina. It is no secret that the substance use problem in the United States continues to worsen. While that is good for our business, it also means that more competitors are looking to enter and or expand in our healthcare market segment. To achieve our long-term goals and maximize our exit valuation, we must begin the process of creating the next location, starting with Kansas City. Kansas City desperately needs treatment resources, and we intend to be the first to fill a part of that void. We have already been searching for property and interviewing developers, so we have somewhat of a head start. Upon receipt of this material, the original partners of New Waters Recovery North Carolina will have an exclusive 10-business day first right to participate. If you intend to participate, you must communicate your intentions to the Managing Partner or your Company Representative during the 10-day window. We will not be collecting 100% of the funding upfront for this project. We will collect 50% at the time of subscription and the remaining 50% as we near the beginning of construction. We are setting these parameters because we must secure the land and begin the civil and architectural process immediately in order to bring our much-needed services to this market as quickly as possible.
We are incredibly proud of what we have built in North Carolina with all of you. We are even more excited to continue the journey and execute the long-term vision of New Water Recovery together. Please find below the investment information and links for New Waters Recovery Kansas City Fund, LP.
Executive Summary
New Waters Recovery Kansas City Fund, LP is a newly organized Delaware limited partnership (the “Fund”) formed to pursue an investment in New Waters Recovery Kansas City, LLC, a Delaware limited liability company. New Waters Recovery Kansas City intends to identify and purchase land, and then construct a completely new facility specifically designed to operate a private medical detox and assessment facility in Kansas City, Kansas in order to bring much needed services to the area. The Fund’s general partner is Inveniam Healthcare, LLC, a Delaware limited liability company (the “General Partner”). The General Partner will make all management, investment and disposition decisions in regards to the Fund. Read More...
This is a great time to expand your portfolio into impact investments that can generate significant returns while providing a valuable and desperately needed resource to the communities we serve.
Below you will find more information regarding this investment opportunity, including links to the investment documents and a DocuSign link to complete the Subscription Agreement.
We look forward to this exciting opportunity to grow our partnership with you! If you have any questions or would like to discuss this opportunity in more detail, please do not hesitate to contact our office.
Thank you,
Inveniam Healthcare, LLC
ph. 972-430-9221
[email protected]
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