Seven Hills Realty Trust（SEVN）資訊與事件SEVNSeven Hills Realty Trust

Company Reports Q2 Revenue of $8.125M

Reports Q2 revenue $8.125M, consensus $8.76M. Reports book value per common share of $14.15 and adjusted book value per common share of $14.79.

Seven Hills Realty Trust Closes $24.3M Loan

Seven Hills Realty Trust announced the closing of a $24.3M first mortgage loan to refinance Kimball on Main, a 25,000 square foot retail property located in Park City, Utah. Kimball on Main is prominently located within Park City's historic Main Street shopping district and is well leased to a diverse mix of retail tenants. The property benefits from strong foot traffic generated by both local residents and year-round tourism, as well as significant barriers to entry driven by restrictive zoning which limits new development within the historic downtown corridor. The loan has a three-year initial term with two one-year extension options, subject to the borrower satisfying certain conditions. The transaction was brought to SEVN's manager, Tremont Realty Capital, by Stanton Road Capital, a private investment management firm with offices in Los Angeles and Park City, and the sponsor and owner of the property.

Seven Hills Q4 Revenue at $7.3M, Below Consensus

Reports Q4 revenue $7.3M, consensus $7.34M. President and CEO Tom Lorenzini said: "Seven Hills delivered a strong fourth quarter, reflecting the strength of our fully performing loan portfolio and the quality of our disciplined underwriting. We generated Distributable Earnings of $0.28 per share, fully covering our quarterly distribution, while investing $101.3 million in new loans during the quarter and an additional $30.5 million since year end. In addition, we successfully raised $65.2 million in gross proceeds in December from our rights offering, which significantly increases our capacity to deploy new capital. This additional capacity positions us to capitalize on a robust pipeline of attractive risk-adjusted opportunities."