Seven Hills Realty Trust
NASDAQ:SEVN
Seven Hills Realty Trust
Seven Hills Realty Trust is a real estate finance company that originates and invests in first mortgage loans secured by middle market and transitional commercial real estate. The company is headquartered in Newton, Massachusetts. The company went IPO on 2007-05-25. The firm's investment objective is to balance capital preservation with generating risk adjusted returns. The company focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate. The firm invests in first mortgage loans, which has principal balances of approximately $15 million to $60 million. The firm has approximately $32 billion in assets under management (AUM). The company operates approximately 30 offices in the United States. Tremont Realty Capital is the investment manager of the Company.
Seven Hills Realty Trust is a real estate finance company that originates and invests in first mortgage loans secured by middle market and transitional commercial real estate. The company is headquartered in Newton, Massachusetts. The company went IPO on 2007-05-25. The firm's investment objective is to balance capital preservation with generating risk adjusted returns. The company focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate. The firm invests in first mortgage loans, which has principal balances of approximately $15 million to $60 million. The firm has approximately $32 billion in assets under management (AUM). The company operates approximately 30 offices in the United States. Tremont Realty Capital is the investment manager of the Company.
Quarterly Performance: Seven Hills reported strong fourth quarter results with distributable earnings of $4.6 million or $0.28 per share, reflecting a fully performing loan portfolio and active capital deployment.
Rights Offering: The company completed a substantial rights offering in December, raising $61.5 million in net proceeds and increasing investment capacity by over $200 million.
Portfolio Growth: Total loan commitments grew to $724.5 million, up $83 million or about 13% year-over-year, with continued originations across diverse property types.
Dividend Commitment: Management reaffirmed the quarterly dividend of $0.28 per share and said the dividend is secure for the foreseeable future.
2026 Guidance: First quarter distributable earnings are expected to be $0.22 to $0.24 per share, with a return to fourth quarter earnings levels anticipated by year-end as new capital is deployed.
Market Conditions: Transaction activity and lending opportunities are increasing, with a strong pipeline and over $1 billion of loan opportunities under review.
