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Webster Bank Finances Medical Outpatient Center Acquisition

March 17, 2026

Harrison Street Asset Management is a leading alternative global investment management firm with over $109 billion in assets under management through highly differentiated assets across infrastructure, real estate and credit strategies. Headquartered in Chicago, Toronto and London with over 600 employees in offices across North America, Europe, Asia and the Middle East, the firm offers innovative solutions across a variety of closed-end, open-end and specialized vehicles on behalf of 1,100+ institutional and over 300+ Registered Investment Advisors.1

Stonemont Financial Group (SFG) combines the experience and resources of a large institution with the creativity and flexibility of an entrepreneurial firm. This approach has enabled SFG to pursue attractive opportunities across established asset classes while remaining agile enough to capitalize on emerging trends. As a result, SFG has experienced significant growth and continued success for its partners, managing a diversified portfolio exceeding $5 billion in assets under management. Stonemont launched its healthcare platform in 2021, which is supported by a dedicated team of 12 professionals. The healthcare portfolio has closed approximately $350 million in transactions, primarily across the Southeast, including Georgia, Florida, and the Carolinas.2

Webster Healthcare provided senior financing to a joint venture of Harrison Street Asset Management and Stonemont Financial Group to finance the acquisition and tenant improvements of a 103,000 square foot Class A medical outpatient property in Marietta, GA that is 100% leased and anchored by Northside Hospital System.

“Webster Healthcare was a valuable partner throughout the process, recognizing the value of the underlying asset, health system relationship, and ownership enhancements, while delivering a credit solution that helped us achieve our investment objectives and deliver for our investors,” stated George Ross, Managing Director and Head of Healthcare Transactions at Harrison Street Asset Management.

1 As stated on https://hsam.com as of Q1 2026. HSAM data and descriptions of HSAM’s business are generally comprised of the aggregated data and business activities of investment advisors that are owned in whole or in part by HSAM. Assets under management (“AUM”) reflects the AUM for the investment advisory and asset management clients of such investment advisors and is inclusive of the regulatory AUM of such investment advisors that is reported in their respective Form ADVs.

2 As stated on https://stonemontfinancial.com as of Q1 2026.

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