Chicago-based Blueprint Healthcare Real Estate Advisors is launching a Behavioral Healthcare advisory group to join its existing offerings of seniors housing and care, medical office and capital markets. Industry veteran Andrew Sfreddo will serve as head of behavioral healthcare, and fellow behavioral healthcare real estate veteran Shane Harmon will serve as senior director. 

In 2020, behavioral healthcare accounted for $90.5 billion of U.S. market value and is on track to reach $132.4 billion by 2027, a 5.3% compound annual growth rate. Blueprint attributes the rapid growth to increased state and federal funding and legislative efforts for mental healthcare services in the U.S. 

“We are at a pivotal moment where we’re seeing a culmination of factors rapidly increase the need for behavioral healthcare facilities and operations throughout the U.S.,” said Sfreddo. “Our expansion will support government efforts and provide patients and providers access to high-quality behavioral healthcare centers across the country.”

Pictured: Blueprint Healthcare Real Estate Advisors headquarters in Chicago’s West Loop.