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Chicago & Midwest  + Midwest  + Healthcare  |  December 11, 2018
Paul Bubny
By: Paul Bubny

NHI to Finance Development of Milwaukee-Area SNF

National Health Investors Inc. has entered into an agreement to finance the development of a 144-bed skilled nursing facility in Oak Creek, WI., near Milwaukee. NHI is committing $23.35 million to the project, which will operate as Ignite Medical Resort Creek Oak Creek and is scheduled for completion in the second quarter of 2020.

The new facility will be operated by a tenant entity owned by affiliates of Villa Healthcare and Ignite Medical Resorts. It’s the first time NHI has partnered with Villa and Ignite.

“We believe this new relationship will provide an excellent opportunity to expand our presence in this market,” said Eric Mendelsohn, president and CEO of Murfreesboro, TN-based NHI.

At Villa, President Ben Israel said partnering with NHI on the project, along with continuing the existing Villa/Ignite relationship, “was an easy decision, as their values align with ours.”


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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