Seven Hills Realty Trust (SEVN) Company Report

Seven Hills Realty Trust (SEVN) announced the completion of its transferable rights offering, which expired on December 4, 2025.
The offering resulted in subscriptions for approximately 5,517,113 common shares at a subscription price of $8.65 per share, representing about 73.2% of the shares offered.
Tremont Realty Capital LLC will purchase the remaining 2,015,748 common shares not otherwise subscribed for, under a backstop agreement, for an aggregate purchase price of approximately $17.4 million.
The total gross proceeds to SEVN, including the backstop commitment, are expected to be approximately $65.2 million before expenses, and will be used to expand its loan portfolio.

Dec 10, 2025, 1:46 PM

Seven Hills Realty Trust Completes Rights Offering

SEVN

New Projects/Investments

Seven Hills Realty Trust (SEVN) announced the completion of its transferable rights offering, which expired on December 4, 2025.
The offering resulted in subscriptions for approximately 5,517,113 common shares, representing about 73.2% of the 7,532,861 common shares offered at a subscription price of $8.65 per share.
Tremont Realty Capital LLC will purchase the remaining 2,015,748 common shares for approximately $17.4 million under a backstop agreement.
The total gross proceeds to SEVN from the offering, including the backstop commitment, are expected to be approximately $65.2 million before expenses.
SEVN intends to use these proceeds to fund business growth by expanding its loan portfolio and capitalizing on new lending opportunities.

Dec 10, 2025, 1:00 PM

Seven Hills Realty Trust Announces Q3 2025 Results

SEVN

Earnings

Dividends

New Projects/Investments

Seven Hills Realty Trust reported Distributable Earnings of $0.29 per diluted share for the third quarter of 2025, which was at the high end of its guidance, and net income of $0.23 per diluted share.
The company declared a quarterly distribution of $0.28 per common share on October 9, 2025, with an expected payment date around November 13, 2025.
During Q3 2025, SEVN closed a $34.5 million loan secured by a mixed-use property in Manhattan and received $53.8 million in repayment proceeds. In October 2025, a $37.3 million loan application for a student housing property was executed.
As of September 30, 2025, SEVN's loan portfolio included $642 million in floating rate first mortgage loan commitments with a weighted average LTV of 67% and a weighted average All In Yield of 8.2%. The company also maintained $77 million in cash on hand and $310 million in unused financing capacity.

Oct 28, 2025, 3:00 PM

Seven Hills Realty Trust Reports Q3 2025 Distributable Earnings and Provides Q4 Guidance

SEVN

Earnings

Dividends

New Projects/Investments

Seven Hills Realty Trust reported distributable earnings of $4.2 million or $0.29 per share for the third quarter of 2025, which was at the high end of their guidance range.
The company's board declared a regular quarterly dividend of $0.28 per share, equating to an annualized yield of 11% based on the closing price on October 27, 2025.
As of quarter-end, the portfolio consisted of $642 million in floating-rate first mortgage commitments across 22 loans, with a weighted average all-in yield of 8.2% and a weighted average loan-to-value of 67%. All loans are current on debt service, and the weighted average risk rating was 2.9.
Recent activity included closing a $34.5 million first mortgage loan and executing a loan application for $37.3 million for a student housing property, expected to close soon. The company also received full repayment of two loans totaling $53.8 million.
Management expects fourth-quarter distributable earnings to be in the range of $0.29-$0.31 per share , and full-year portfolio growth is estimated to be approximately $100 million net from year-end 2024. The company is currently evaluating over $1 billion in loan opportunities.

Oct 28, 2025, 3:00 PM

Seven Hills Realty Trust Reports Q3 2025 Financial Results and Declares Dividend

SEVN

Earnings

Guidance Update

New Projects/Investments

Seven Hills Realty Trust (SEVN) reported Q3 2025 distributable earnings of $4.2 million or $0.29 per share, which was at the high end of their guidance range, and declared a regular quarterly dividend of $0.28 per share.
As of quarter-end, the company's loan portfolio consisted of $642 million in floating-rate first mortgage commitments across 22 loans, with a weighted average all-in yield of 8.2% and a weighted average loan-to-value of 67%. The portfolio's weighted average risk rating remained 2.9, with all loans current.
During Q3 2025, SEVN closed a $34.5 million first mortgage loan and received $53.8 million in loan repayments. The company expects Q4 distributable earnings to be in the range of $0.29 to $0.31 per share.
The company ended the quarter with $77 million of cash on hand and $310 million of capacity on its secured financing facilities.

Oct 28, 2025, 3:00 PM

Seven Hills Realty Trust Reports Q3 2025 Financial Results

SEVN

Earnings

Guidance Update

Dividends

Seven Hills Realty Trust reported Q3 2025 distributable earnings of $4.2 million or $0.29 per share, aligning with the high end of their guidance.
The board declared a regular quarterly dividend of $0.28 per share, equating to an 11% annualized yield.
As of quarter-end, the portfolio comprised $642 million in floating-rate first mortgage commitments across 22 loans, featuring a weighted average all-in yield of 8.2% and a weighted average loan-to-value of 67%. All loans are current on debt service, with a weighted average risk rating of 2.9.
The company projects Q4 2025 distributable earnings between $0.29 and $0.31 per share and expects full-year portfolio growth of approximately $100 million net from year-end 2024.
Market sentiment is improving due to a September Federal Reserve rate cut and anticipated further cuts, driving increased transaction volume and borrower engagement, with SOFR floors now becoming active to protect earnings.

Oct 28, 2025, 3:00 PM

Seven Hills Realty Trust announces Q3 2025 results

SEVN

Earnings

Dividends

New Projects/Investments

Seven Hills Realty Trust reported Distributable Earnings of $0.29 per share and net income of $0.23 per diluted share for the third quarter of 2025.
During Q3 2025, the company closed a $34.5 million loan and received $53.8 million in loan repayments. Additionally, in October 2025, a $37.3 million loan application for a student housing property was executed.
SEVN declared a quarterly distribution of $0.28 per common share on October 9, 2025, expected to be paid around November 13, 2025.
As of September 30, 2025, the company's loan portfolio included $642 million in floating rate first mortgage loan commitments, with a weighted average LTV of 67% and a weighted average risk rating of 2.9.