Articles from Seven Hills Realty Trust

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its first quarter 2025 financial results after the Nasdaq closes on Monday, April 28, 2025. On Tuesday, April 29, 2025 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.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a fully funded $18.5 million first mortgage floating rate bridge loan to refinance LL Sams, a 271-bed student housing property directly adjacent to the Baylor University campus in Waco, Texas.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that Matthew Brown has been appointed as Chief Financial Officer and Treasurer, effective March 10, 2025.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and year ended December 31, 2024, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its fourth quarter 2024 financial results after the Nasdaq closes on Tuesday, February 18, 2025. On Wednesday, February 19, 2025 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini, Chief Financial Officer and Treasurer Fernando Diaz and Vice President Jared Lewis will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $31.2 million first mortgage floating rate bridge loan for the acquisition of The Lodge, a 696-bed (258-unit) student housing property located near the 40,000 student Texas State University in San Marcos, Texas.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 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 January 27, 2025 and distributed on or about February 20, 2025.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $45.0 million first mortgage floating rate bridge loan to finance the acquisition of Club Quarters Hotel, a 178-room hotel located at 161 Devonshire Street in Boston, Massachusetts.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it has elected Ann M. Danner to the Company’s Board of Trustees as an Independent Trustee, effective immediately. With the addition of Ms. Danner, SEVN now has a seven member board comprised of 71% independent trustees.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $42.0 million first mortgage floating rate bridge loan to refinance The Domain at Oxford, a 642-bed (216-unit) student housing property located near the University of Mississippi (“Ole Miss”) in Oxford, Mississippi.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and nine months ended September 30, 2024, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 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 October 28, 2024 and distributed on or about November 14, 2024.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its third quarter 2024 financial results after the Nasdaq closes on Monday, October 28, 2024. On Tuesday, October 29, 2024 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini, Chief Financial Officer and Treasurer Fernando Diaz and Vice President Jared Lewis will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $16.0 million first mortgage floating rate bridge loan secured by the Home2 Suites by Hilton Lake Mary Orlando, a recently constructed 123-room extended-stay hotel located at 582 New Technology Blvd in Lake Mary, Florida.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and six months ended June 30, 2024, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 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 July 22, 2024 and distributed on or about August 15, 2024.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its second quarter 2024 financial results after the Nasdaq closes on Monday, July 29, 2024. On Tuesday, July 30, 2024 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini, Chief Financial Officer and Treasurer Fernando Diaz and Vice President Jared Lewis will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will be added to the broad-market Russell 3000® Index at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective after market close of the U.S. equity markets on Friday, June 28, 2024, according to a preliminary list of additions posted by FTSE Russell on June 21, 2024.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that President and Chief Investment Officer Tom Lorenzini together with Chief Financial Officer and Treasurer Fernando Diaz will be presenting at Nareit’s REITweek 2024 Investor Conference in New York, NY on Wednesday, June 5, 2024 at 11:00 a.m. Eastern Time.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that Jared Lewis has been appointed as Vice President.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter ended March 31, 2024, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $17.8 million first mortgage floating rate bridge loan to finance the acquisition of the Hilton Village Townhomes, a 160-unit apartment complex located at 531 Bulkeley Place in Newport News, Virginia.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 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 22, 2024 and distributed on or about May 16, 2024.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its first quarter 2024 financial results after the Nasdaq closes on Monday, April 29, 2024. On Tuesday, April 30, 2024 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini and Chief Financial Officer and Treasurer Fernando Diaz will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and year ended December 31, 2023, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its fourth quarter 2023 financial results after the Nasdaq closes on Tuesday, February 20, 2024. On Wednesday, February 21, 2024 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini and Chief Financial Officer and Treasurer Fernando Diaz will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that the characterization of dividends for 2023 income tax reporting is as follows:

Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 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 January 22, 2024 and distributed on or about February 15, 2024.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $29.0 million first mortgage floating rate bridge loan secured by the SunCoast Park Hotel Anaheim, which is part of the Tapestry Collection by Hilton. The 174-room select service hotel is located at 1640 S. Clementine Street in Anaheim, California.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and nine months ended September 30, 2023, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $25.3 million first mortgage floating rate bridge loan to refinance two Life Storage branded self-storage facilities located at 3900 Cascade Road in Atlanta, Georgia and 815 W. Lanier Avenue in Fayetteville, Georgia. The loan has a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. SEVN’s manager, Tremont Realty Capital, was introduced to the transaction by Talonvest Capital, which advised the joint venture sponsorship of Castle Hill Investors and Olympus Ventures LLC.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 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 October 23, 2023 and distributed on or about November 16, 2023.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its third quarter 2023 financial results after the Nasdaq closes on Tuesday, October 31, 2023. On Wednesday, November 1, 2023 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini and Chief Financial Officer and Treasurer Fernando Diaz will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $17.3 million first mortgage floating rate bridge loan to recapitalize a recently constructed 130-room Home2 Suites by Hilton hotel located at 20001 N. Scottsdale Road in Scottsdale, Arizona. The loan has a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. SEVN’s manager, Tremont Realty Capital, was introduced to the transaction by CBRE, which advised the joint venture sponsorship of Highgate and Rockpoint.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the appointment of Fernando Diaz, CFA, as Chief Financial Officer and Treasurer, effective October 1, 2023.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and six months ended June 30, 2023, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $27.5 million first mortgage floating rate bridge loan to finance the acquisition of Woodfield Commerce Center, a 320,000 square foot industrial warehouse building located at 200 International Boulevard in Fountain Inn, South Carolina.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 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 July 24, 2023 and distributed on or about August 17, 2023.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its second quarter 2023 financial results after the Nasdaq closes on Monday, July 31, 2023. On Tuesday, August 1, 2023 at 11:00 a.m. Eastern Time, President Tom Lorenzini and Chief Financial Officer Tiffany Sy will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that President and Chief Investment Officer Tom Lorenzini and Chief Financial Officer and Treasurer Tiffany Sy will be presenting at Nareit’s REITweek 2023 Investor Conference in New York, NY on Wednesday, June 7, 2023 at 12:30 p.m. Eastern Time.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $37.5 million first mortgage bridge loan to refinance The Union at Auburn, a 501-bed Class A student housing property located at the Auburn University campus.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter ended March 31, 2023, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its first quarter 2023 financial results after the Nasdaq closes on Monday, April 24, 2023. On Tuesday, April 25, 2023 at 11:00 a.m. Eastern Time, President Tom Lorenzini and Chief Financial Officer Tiffany Sy will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 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 24, 2023 and distributed on or about May 18, 2023.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and year ended December 31, 2022.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that the characterization of dividends for 2022 income tax reporting is as follows:

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its fourth quarter 2022 financial results after the Nasdaq closes on Monday, February 13, 2023. On Tuesday, February 14, 2023 at 11:00 a.m. Eastern Time, President Tom Lorenzini and Chief Financial Officer Tiffany Sy will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced it has raised its quarterly cash distribution on its common shares by $0.10 per share, or 40%, to $0.35 per share ($1.40 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 January 23, 2023 and distributed on or about February 16, 2023.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $24.4 million first mortgage floating-rate bridge loan to finance the acquisition of an 83,000 square foot industrial warehouse property located at 10516 Commerce Way in Fontana, California.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and nine months ended September 30, 2022.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular quarterly cash distribution on its common shares of $0.25 per share ($1.00 per share per year). The distribution will be paid to SEVN’s common shareholders of record as of the close of business on October 24, 2022 and distributed on or about November 17, 2022.

Seven Hills Realty Trust (Nasdaq: SEVN), today announced that it will issue a press release containing its third quarter 2022 financial results after the Nasdaq closes on Wednesday, October 26, 2022. On Thursday, October 27, 2022 at 11:00 a.m. Eastern Time, President Tom Lorenzini and Chief Financial Officer Tiffany Sy will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that Tiffany Sy has been appointed as Chief Financial Officer and Treasurer, effective October 1, 2022.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $47.0 million first mortgage floating-rate bridge loan to finance the acquisition and renovation of a 330,000 square foot industrial warehouse property located at 153 Linden Street in Passaic, New Jersey.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and six months ended June 30, 2022.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular quarterly cash distribution on its common shares of $0.25 per share ($1.00 per share per year). The distribution will be paid to SEVN’s common shareholders of record as of the close of business on July 25, 2022 and distributed on or about August 18, 2022.

Seven Hills Realty Trust (Nasdaq: SEVN), today announced that it will issue a press release containing its second quarter 2022 financial results after the Nasdaq closes on Wednesday, July 27, 2022. On Thursday, July 28, 2022 at 11:00 a.m. Eastern Time, President Tom Lorenzini and Chief Financial Officer Doug Lanois will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $29.0 million first mortgage floating-rate bridge loan to finance the acquisition of Sunridge Apartment Homes, a 216-unit multifamily property located at 4855 E Vegas Valley Drive in Las Vegas, Nevada.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $31.5 million first mortgage floating-rate bridge loan to finance the acquisition and repositioning of Summit Apartments, a 154-unit multifamily property located at 29925-30205 Summit Drive in Farmington Hills, Michigan.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that President Tom Lorenzini and Chief Financial Officer and Treasurer Doug Lanois will be presenting at Nareit’s REITweek: 2022 Investor Conference in New York, NY on Wednesday, June 8, 2022 at 11:00 a.m. Eastern Time.

Seven Hills Realty Trust (Nasdaq: SEVN) announced the results of its 2022 Annual Meeting of Shareholders which was held today.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter ended March 31, 2022.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular quarterly cash distribution on its common shares of $0.25 per share ($1.00 per share per year). The distribution will be paid to SEVN’s common shareholders of record as of the close of business on April 25, 2022 and distributed on or about May 19, 2022.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $42.5 million first mortgage floating-rate bridge loan to finance the acquisition of Brandywine Crossing, a grocery anchored shopping center located at 15802 Crain Highway in Brandywine, Maryland.

Seven Hills Realty Trust (Nasdaq: SEVN), today announced that it will issue a press release containing its first quarter 2022 financial results after the Nasdaq closes on Wednesday, April 27, 2022. On Thursday, April 28, 2022 at 11:00 a.m. Eastern Time, President Tom Lorenzini and Chief Financial Officer Doug Lanois will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of two first mortgage bridge loans in an aggregate principal amount of $53.3 million with aggregate initial advances of $49.2 million.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it has elected Phyllis M. Hollis to the Company’s Board of Trustees as an Independent Trustee, effective immediately. With the addition of Ms. Hollis, SEVN’s Board now has seven Trustees, consisting of approximately 71% Independent Trustees, 29% women and 14% members of underrepresented communities.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it has entered into an agreement for a $125 million master repurchase facility with Wells Fargo Bank, National Association (“Wells Fargo”), which SEVN may use to leverage its commercial mortgage loan investments, subject to customary requirements. The facility has a three-year term, provides for advances of up to 80% of a whole loan investment and has an accordion feature to increase the facility to $250 million. Interest on advances under the facility will be calculated at SOFR plus a competitive margin.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and year ended December 31, 2021.

Seven Hills Realty Trust (Nasdaq: SEVN), today announced that it will issue a press release containing its fourth quarter 2021 financial results after the Nasdaq closes on Thursday, February 17, 2022. On Friday, February 18, 2022 at 10:00 a.m. Eastern Time, President Tom Lorenzini and Chief Financial Officer Doug Lanois will host a conference call to discuss these results.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced that the characterization of dividends for 2021 income tax reporting purposes for both SEVN and Tremont Mortgage Trust (“TRMT”), prior to TRMT’s merger with and into SEVN, is as follows:

Seven Hills Realty Trust (Nasdaq: SEVN) today announced it has raised its quarterly cash distribution on its common shares by $0.10 per share, or 67%, to $0.25 per share ($1.00 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 January 24, 2022 and distributed on or about February 17, 2022.

Seven Hills Realty Trust (Nasdaq:SEVN) today announced the closing of a $35.0 million first mortgage floating-rate bridge loan to finance the acquisition of Charleston Trade Center, a 431,000 square foot industrial warehouse building located at 574 Trade Center Parkway in Summerville, South Carolina. The loan is structured with a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. SEVN’s manager, Tremont Realty Capital, was introduced to the transaction by JLL Capital Markets, which advised the sponsor, Lightstone Group.

Seven Hills Realty Trust (Nasdaq:SEVN) today announced the closing of a $42.5 million first mortgage floating-rate bridge loan to refinance and reposition The Gateway Center, a 272,000 square foot, grocery-anchored retail shopping center located at 7230-7380 Orchard Lake Road in West Bloomfield, Michigan.

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $23.5 million first mortgage floating-rate bridge loan to refinance Woodland Corporate Tower, a 185,000 square foot, multi-tenant office property located at 1333 Butterfield Road in Downers Grove, Illinois. The loan is structured with a three-year initial term and two one-year extension options, subject to the borrower meeting certain requirements. SEVN’s manager, Tremont Realty Capital, was introduced to the transaction by CBRE, which advised the sponsor, Stanton Road Capital.