Webster Healthcare is pleased to support Harrison Street Asset Management and Stonemont Financial Group on the recapitalization and capital upgrade of the Preston Ridge MOB, an 84,681-square-foot Class A medical office building anchored by Northside Hospital in Alpharetta, Georgia. Strategically located adjacent to Northside’s Alpharetta campus, the property serves as an important outpatient healthcare destination within one of Metro Atlanta’s most desirable and rapidly growing healthcare corridors.
The investment is backed by Harrison Street Asset Management, a leading alternative global investment management firm with broad experience across healthcare, senior housing, student housing, and other needs-based sectors, and Stonemont Financial Group with expertise and strong track record in developing and investing in healthcare real estate throughout the Southeast.
“We are pleased to partner with Stonemont on the investment and appreciate Webster’s collaborative approach, healthcare expertise and ability to deliver a financing solution tailored to the needs of the transaction. Preston Ridge is a high-quality medical office asset anchored by Northside Hospital, with durable tenancy and a strategic location that we believe positions the property to deliver long-term value and support our investment objectives.” stated George Ross, Managing Director and Head of Healthcare Transactions at Harrison Street Asset Management
This transaction reflects Webster’s expertise in healthcare real estate and commitment to financing high-quality medical outpatient properties that support leading health systems and the communities they serve. Webster is proud to continue building relationships with leading healthcare real estate sponsors by delivering tailored financing solutions and industry expertise across the healthcare sector.
About Harrison Street Asset Management
Harrison Street Asset Management is a leading alternative global investment management firm with over $110 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
About Stonemont Financial Group
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
1As stated on https://hsam.com as of June 30, 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 September 2026.
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