Stonemont, Harrison Street JV buys Northside Hospital East Cobb Medical office building in East Cobb from Welltower

Highlights
Stonemont Financial has partnered with Harrison Street Asset Management to acquire Northside Hospital East Cobb Medical Center.
The seller, Welltower Inc., is divesting $6 billion in medical offices nationwide to focus on senior housing.
Stonemont secured a $32.5 million acquisition loan from Webster Bank for the purchase.

Harrison Street Real Estate Capital
Rob Cook | Senior Managing Director, Head of Opportunistic Portfolio Managment-NA
Harrison Street Real Estate Capital
Michael Gordon | Partner- CIO North America
Stonemont Financial Group
Neal Moskowitz | SVP, Principal-Industrial
Welltower (NYSE: WELL)
John Millett | Investments, Acquisitions

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