Webster Bank Provides $24.2 Million Loan Commitment

Webster Bank, through its Healthcare CRE division (“Webster Healthcare”), has provided a $24.2 million loan commitment in support of the acquisition of Beach House at Wiregrass, a Class A, 100‑unit assisted living and memory care community in Wesley Chapel, Florida acquired by a joint venture between affiliates of AEW Capital Management, L.P. (“AEW”) and American House Senior Living.

This transaction reinforces the long‑standing relationship between Webster and AEW,. Webster has consistently supported AEW across multiple credit facilities, drawing on decades of healthcare real estate expertise and a strong understanding of the operational and demographic drivers that underpin performance in the sector.

Webster Bank’s Healthcare team continues to be a strategic financing partner for institutional owners and operators in the senior living industry, offering tailored capital solutions on market competitive terms aligned with our client’s long‑term investment objectives. The Beach House at Wiregrass acquisition marks another example of Webster’s long-term commitment to the seniors housing industry and relationship‑driven approach for high‑quality sponsors and best‑in‑class operating partners.

”We value our long-term relationship with Webster Healthcare who has been a steady reliable partner in supporting our investment strategy in seniors housing and has consistently delivered competitive terms and seamless execution,” said Tony Crooks, AEW Managing Director, Portfolio Management.