Our Portfolio

Millions of Americans suffer from substance‑use disorder, yet only a fraction receive treatment due in large part to the lack of accessible care options. In North Carolina alone, overdose deaths have surpassed 30,000 over the past two decades.[1]

TBV Healthcare noted a critical gap in available addiction treatment options in North Carolina, with no stand-alone detox facilities in the state, and the only residential facilities in the Raleigh-Durham area catering to low-income families.

New Waters Recovery was established in 2022 as a standalone detox and mental health center catering to high-net-worth families and individuals, providing a luxury detox experience that previously did not exist in the state. We assembled an experienced addiction-care team and sited the facility close to Duke Raleigh Hospital and major transportation routes.

New Waters offers a high-touch experience with a low client‑to‑staff ratio. Clients undergo medical withdrawal management complemented by IV therapy, massage, acupuncture, yoga, sauna sessions, chef-prepared meals, and fitness programming. A seven to fourteen-day assessment delivers psychodiagnostic testing, psychiatric evaluation, and genetic analysis, and the center is both Joint Commission-accredited and insurance-friendly.

New Waters has quickly filled a significant market gap, delivering strong occupancy and cash flow. Its success has prompted TBV to develop a residential treatment center nearby to serve clients once they complete detox. For investors, partnering in New Waters means participation in a tangible, socially impactful asset that provides cash‑flow potential, asset appreciation, and favorable depreciation benefits.

Spicewood and the surrounding Hill Country near Austin lack diverse dining and entertainment options, even as residential growth accelerates. Responding to this unmet demand, TBV has partnered with leading food‑hall operator FireTen to create 5 Soul Food Co., a hospitality project that allows accredited investors to own equity in a food-hall and entertainment destination.

The venue is being designed to include eight to ten independent kitchens serving different cuisines, encouraging patrons to visit repeatedly. It will also feature two full-service sit-down restaurants, multiple high-end bars, and a rooftop bar and event space offering panoramic views of the Texas Hill Country and Lake Travis. The design also includes spaces for community‑oriented programming such as live music and farmers’ markets, making it not just a food court, but a gathering space.

5 Soul Food Co. is well-positioned to meet the appetites of the area’s growing population. Investors gain exposure to recurring cash flows from tenant leases, food hall revenue sharing, and ownership of multiple bar operations, while also benefiting from property appreciation and an eventual exit strategy.

During the 2015 oil-price downturn, TBV recognized an opportunity to participate in Oklahoma’s prolific STACK and SCOOP plays. TBV participates in several wells throughout the state, with the top-producing wells located within Grady County, known for its over‑pressured Meramec shale. We partnered with Marathon Oil and Continental Resources, focusing on developmental drilling rather than exploratory projects.

This disciplined strategy produced standout wells. For example, the KEM Ranch 1‑24‑25XH horizontal well achieved a 24‑hour rate of 723 barrels of oil per day and 13,989 MCF of gas, ultimately yielding more than 254,000 barrels of oil and over 6.5 million MCF of gas by early 2021. The Anita Fowler 1‑27X26 well recorded peak output of 445 barrels of oil per day and 18,555 MCF of gas; by mid‑2022, it had produced 139,009 barrels of oil and 1.946 billion cubic feet of gas.

Subsequent infill wells, Hale 1 and Hale 2, delivered even higher initial flow rates, underscoring the success of TBV’s strategy of dripping multiple wells from a single pad.

These wells have provided consistent monthly cash flow to investors and set the stage for additional multi‑well pads. From a tax perspective, investors have seen first-year write-offs up to 90 percent due to intangible drilling and completion costs, which can typically be deducted in the first year, and 15 percent of gross production is exempt from income tax. Such energy investments also offer portfolio diversification and an inflation hedge, while partnering with experienced operators can mitigate certain operational risks.