US Market News
7日前
Seven Hills Realty Trust Closes Two First Mortgage Loans Totaling $52.3 Million and Receives Office Loan RepaymentJune 1, 2026 4:15 PM
Business Wire Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of two new first mortgage loan investments totaling approximately $52.3 million and the repayment of a $26.5 million loan secured by an office property in suburban Chicago. The new loan investments include: A $36.3 million floating rate first mortgage loan to refinance Enclave at Roswell, a 236-unit multifamily property located in Roswell, Georgia. The property is located in a prominent submarket of metropolitan Atlanta with convenient access to major employment and retail corridors. The loan has a three-year initial term with two one-year extension options, subject to customary conditions. The transaction was brought to SEVN’s manager, Tremont Realty Capital, by JLL on behalf of the sponsor. A $16.0 million floating rate first mortgage loan to refinance Snapbox Self Storage Philadelphia, a 104,000 square foot self-storage facility with 1,068 units located in northeast Philadelphia, Pennsylvania. The property was originally developed in 2021 and is located within Liberty Plaza, a retail center with strong population density and convenient access to major regional transportation corridors. The loan has a three-year initial term with two one-year extension options, subject to customary conditions. The transaction was brought to Tremont Realty Capital by JLL on behalf of the sponsor, Self Storage Capital Partners. In addition, SEVN announced the full repayment of a $26.5 million loan secured by an office property in Downers Grove, Illinois. The loan, which was originated in September 2020 and was scheduled to mature in May 2026, was repaid through a borrower refinancing. This repayment reduces SEVN’s office exposure to approximately 20% of its total current portfolio. Tom Lorenzini, President and Chief Investment Officer of SEVN, made the following statement: “Today we announced two strong additions to our portfolio, executing loans on a well-located multifamily property in metropolitan Atlanta and a self-storage facility in a resilient Philadelphia submarket. Both properties benefit from strong occupancy, attractive supply-demand dynamics, and experienced sponsors with significant equity investments. Furthermore, the full repayment of the Downers Grove office loan demonstrates our continued progress in reducing SEVN’s exposure to the office sector. The return of capital through this refinancing allows us to pursue new investments within our pipeline, where we continue to find opportunities to generate attractive risk-adjusted returns for our shareholders. We expect additional loan closings in the second quarter, including several new investments currently in diligence, and look forward to providing updates.” About Seven Hills Realty Trust Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate investment trust that originates and invests in first mortgage loans secured by middle market transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about SEVN, please visit www.sevnreit.com. WARNING CONCERNING FORWARD-LOOKING STATEMENTS This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These statements may include words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “will,” “may” and negatives or derivatives of these or similar expressions. These forward-looking statements include, among others, statements about the quality of SEVN’s investments and performance of underlying properties, as well as SEVN’s potential future growth. Forward-looking statements reflect SEVN’s current expectations, are based on judgments and assumptions, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause SEVN’s actual results, performance or achievements to differ materially from expected future results, performance or achievements expressed or implied in those forward-looking statements. Some of the risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, the following: the ability of SEVN to make additional investments; the success of SEVN’s investments; SEVN’s available liquidity, access to capital and cost of capital; and various other matters. These risks, uncertainties and other factors are not exhaustive and should be read in conjunction with other cautionary statements that are included in SEVN’s periodic filings with the Securities and Exchange Commission, or SEC. The information contained in SEVN’s filings with the SEC, including under the caption “Risk Factors” in its periodic reports, or incorporated therein, identifies important factors that could cause SEVN’s actual results to differ materially from those stated in or implied by SEVN’s forward-looking statements. SEVN’s filings with the SEC are available on the SEC’s website at www.sec.gov. You should not place undue reliance upon forward-looking statements. Except as required by law, SEVN does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise. A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust. View source version on businesswire.com: https://www.businesswire.com/news/home/20260601111509/en/ Matt Murphy, Manager, Investor Relations
(617) 796-8253
www.sevnreit.com Original: Seven Hills Realty Trust Closes Two First Mortgage Loans Totaling $52.3 Million and Receives Office Loan Repayment
US Market News
1月前
Seven Hills Realty Trust Announces First Quarter 2026 ResultsApril 28, 2026 4:15 PM
Business Wire
Seven Hills Realty Trust (Nasdaq: SEVN) today announced its financial results for the quarter ended March 31, 2026, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260428864033/en/
A conference call to discuss SEVN's first quarter 2026 results will be held on Wednesday, April 29, 2026 at 11:00 a.m. Eastern Time. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start of the call. A replay of the conference call will be available through 11:59 p.m. Eastern Time on Wednesday, May 6, 2026. To access the replay, dial (855) 669-9658. The replay pass code is 8218848. A live audio webcast of the conference call will also be available in listen only mode on SEVN's website, at www.sevnreit.com. The archived webcast will be available for replay on SEVN's website after the call. The transcription, recording and retransmission of SEVN's first quarter conference call in any way are strictly prohibited without the prior written consent of SEVN.
About Seven Hills Realty Trust
Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate investment trust, or REIT, that originates and invests in first mortgage loans secured by middle market transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about SEVN, please visit www.sevnreit.com.
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260428864033/en/
Matt Murphy, Manager, Investor Relations
(617) 796-8253
Original: Seven Hills Realty Trust Announces First Quarter 2026 Results
US Market News
2月前
Seven Hills Realty Trust Announces Quarterly Dividend on Common SharesApril 9, 2026 8:00 AM
Business Wire
Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular cash distribution on its common shares of $0.28 per share ($1.12 per share per year). The distribution declared today will be paid to SEVN’s common shareholders of record as of the close of business on April 21, 2026 and distributed on or about May 14, 2026.
About Seven Hills Realty Trust
Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate investment trust, or REIT, that originates and invests in first mortgage loans secured by middle market transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about SEVN, please visit www.sevnreit.com.
WARNING CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based upon SEVN’s present intent, beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond SEVN’s control.
For example, this press release states that SEVN’s quarterly cash distribution rate is $0.28 per share per quarter or $1.12 per share per year. A possible implication of this statement is that SEVN will continue to pay quarterly distributions of $0.28 per share or $1.12 per share per year in the future. SEVN’s Board of Trustees considers many factors when setting or resetting SEVN’s distribution rate, including SEVN’s Distributable Earnings, Distributable Earnings per share, the then current and expected needs and availability of cash to pay SEVN's obligations and fund its investments, distributions which may be required to be paid by SEVN to maintain SEVN’s qualification for taxation as a real estate investment trust and other factors deemed relevant by SEVN's Board of Trustees in its discretion. Accordingly, any future distributions to SEVN’s shareholders may be increased, decreased, suspended or discontinued, and SEVN cannot be sure as to the rate at which future distributions, if any, will be paid.
You should not place undue reliance upon forward-looking statements.
Except as required by law, SEVN does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260408808878/en/
Matt Murphy, Manager, Investor Relations
(617) 796-8253
Original: Seven Hills Realty Trust Announces Quarterly Dividend on Common Shares
US Market News
2月前
Seven Hills Realty Trust First Quarter 2026 Conference Call Scheduled for Wednesday, April 29thMarch 31, 2026 4:15 PM
Business Wire
Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its first quarter 2026 financial results after the Nasdaq closes on Tuesday, April 28, 2026. On Wednesday, April 29, 2026 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini, Chief Financial Officer and Treasurer Matthew Brown and Vice President Jared Lewis will host a conference call to discuss these results.
The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start of the call. A replay of the conference call will be available through 11:59 p.m. on Wednesday, May 6, 2026. To access the replay, dial (855) 669-9658. The replay pass code is 8218848.
A live audio webcast of the conference call will also be available in a listen-only mode on the company’s website, which is located at www.sevnreit.com. Participants wanting to access the webcast should visit the company’s website about five minutes before the call. The archived webcast will be available for replay on the company’s website after the call.
About Seven Hills Realty Trust
Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate investment trust, or REIT, that originates and invests in first mortgage loans secured by middle market transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about SEVN, please visit www.sevnreit.com.
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260331342103/en/
Matt Murphy, Manager, Investor Relations
(617) 796-8253
www.sevnreit.com
Original: Seven Hills Realty Trust First Quarter 2026 Conference Call Scheduled for Wednesday, April 29th
US Market News
4月前
Seven Hills Realty Trust Announces Fourth Quarter 2025 ResultsFebruary 18, 2026 4:15 PM
Business Wire
Seven Hills Realty Trust (Nasdaq: SEVN) today announced its financial results for the quarter and year ended December 31, 2025, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260218907718/en/
A conference call to discuss SEVN's fourth quarter 2025 results will be held on Thursday, February 19, 2026 at 11:00 a.m. Eastern Time. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start of the call. A replay of the conference call will be available through 11:59 p.m. Eastern Time on Thursday, February 26, 2026. To access the replay, dial (855) 669-9658. The replay pass code is 9498636. A live audio webcast of the conference call will also be available in listen only mode on SEVN's website, at www.sevnreit.com. The archived webcast will be available for replay on SEVN's website after the call. The transcription, recording and retransmission of SEVN's fourth quarter conference call in any way are strictly prohibited without the prior written consent of SEVN.
About Seven Hills Realty Trust
Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate investment trust, or REIT, that originates and invests in first mortgage loans secured by middle market transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about SEVN, please visit www.sevnreit.com.
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260218907718/en/
Matt Murphy, Manager, Investor Relations
(617) 796-8253
Original: Seven Hills Realty Trust Announces Fourth Quarter 2025 Results