Jason Weaver's questions to Seven Hills Realty Trust (SEVN) leadership • Q1 2025
Question
Jason Weaver asked about the status of discussions with lenders, current all-in borrowing costs, and whether Seven Hills was modifying its underwriting standards to pursue market share amid competitive pressures.
Answer
Jared Lewis, Vice President, stated that lenders remain supportive and borrowing costs have been held steady, with new underwriting targeting the SOFR plus 2% range. Thomas Lorenzini, President and Chief Investment Officer, confirmed that the company is not altering its underwriting approach, emphasizing a commitment to credit discipline over pursuing market share.