{"id":14261,"date":"2026-06-02T01:15:00","date_gmt":"2026-06-01T23:15:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=aafe3c91caa5a38c2466c87e3238b34c"},"modified":"2026-06-02T01:15:00","modified_gmt":"2026-06-01T23:15:00","slug":"seven-hills-realty-trust-closes-two-first-mortgage-loans-totaling-52-3-million-and-receives-office-loan-repayment","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=14261","title":{"rendered":"Seven Hills Realty Trust Closes Two First Mortgage Loans Totaling $52.3 Million and Receives Office Loan Repayment"},"content":{"rendered":"<p>NEWTON, Mass.--(BUSINESS WIRE)--<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fsevnreit.com%2Fhome%2Fdefault.aspx&amp;esheet=54545524&amp;newsitemid=20260601111509&amp;lan=en-US&amp;anchor=Seven+Hills+Realty+Trust+%28Nasdaq%3A+SEVN%29&amp;index=1&amp;md5=6543cf462b3310d65db7c60653d66236\" rel=\"nofollow\" shape=\"rect\">Seven Hills Realty Trust (Nasdaq: SEVN)<\/a> today announced the closing of two new first mortgage loan investments totaling approximately $52.3 million and the repayment of a $26.5 million loan secured by an office property in suburban Chicago.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260601111509\/en\/1268790\/5\/Seven_Hills_Realty_Trust.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260601111509\/en\/1268790\/22\/Seven_Hills_Realty_Trust.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260601111509\/en\/1268790\/5\/Seven_Hills_Realty_Trust.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260601111509\/en\/1268790\/21\/Seven_Hills_Realty_Trust.jpg\" \/><\/a><p>\nThe new loan investments include:<\/p><ul class=\"bwlistdisc\">\n<li>\nA $36.3 million floating rate first mortgage loan to refinance Enclave at Roswell, a 236-unit multifamily property located in Roswell, Georgia. The property is located in a prominent submarket of metropolitan Atlanta with convenient access to major employment and retail corridors. The loan has a three-year initial term with two one-year extension options, subject to customary conditions. The transaction was brought to SEVN\u2019s manager, Tremont Realty Capital, by JLL on behalf of the sponsor.<\/li>\n<li>\nA $16.0 million floating rate first mortgage loan to refinance Snapbox Self Storage Philadelphia, a 104,000 square foot self-storage facility with 1,068 units located in northeast Philadelphia, Pennsylvania. The property was originally developed in 2021 and is located within Liberty Plaza, a retail center with strong population density and convenient access to major regional transportation corridors. The loan has a three-year initial term with two one-year extension options, subject to customary conditions. The transaction was brought to Tremont Realty Capital by JLL on behalf of the sponsor, Self Storage Capital Partners.<\/li>\n<\/ul><p>\nIn addition, SEVN announced the full repayment of a $26.5 million loan secured by an office property in Downers Grove, Illinois. The loan, which was originated in September 2020 and was scheduled to mature in May 2026, was repaid through a borrower refinancing. This repayment reduces SEVN\u2019s office exposure to approximately 20% of its total current portfolio.<\/p><p>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fsevnreit.com%2Fabout-us%2Fleadership%2Fthomas-lorenzini%2Fdefault.aspx&amp;esheet=54545524&amp;newsitemid=20260601111509&amp;lan=en-US&amp;anchor=Tom+Lorenzini&amp;index=2&amp;md5=4355f42823779407c56b204683ec569e\" rel=\"nofollow\" shape=\"rect\">Tom Lorenzini<\/a>, President and Chief Investment Officer of SEVN, made the following statement:<\/p><p class=\"bwmarginl1\">\n\u201cToday we announced two strong additions to our portfolio, executing loans on a well-located multifamily property in metropolitan Atlanta and a self-storage facility in a resilient Philadelphia submarket. Both properties benefit from strong occupancy, attractive supply-demand dynamics, and experienced sponsors with significant equity investments.<\/p><p class=\"bwmarginl1\">\nFurthermore, the full repayment of the Downers Grove office loan demonstrates our continued progress in reducing SEVN\u2019s exposure to the office sector. The return of capital through this refinancing allows us to pursue new investments within our pipeline, where we continue to find opportunities to generate attractive risk-adjusted returns for our shareholders. We expect additional loan closings in the second quarter, including several new investments currently in diligence, and look forward to providing updates.\u201d<\/p><p>\n<b>About Seven Hills Realty Trust<\/b><\/p><p>\nSeven Hills Realty Trust (Nasdaq: SEVN) is a real estate investment trust that originates and invests in first mortgage loans secured by middle market transitional commercial real estate. SEVN is managed by <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tremontcapital.com%2FHome%2Fdefault.aspx&amp;esheet=54545524&amp;newsitemid=20260601111509&amp;lan=en-US&amp;anchor=Tremont+Realty+Capital&amp;index=3&amp;md5=e1b39ba5cdd16718053fb1dfb0e1688a\" rel=\"nofollow\" shape=\"rect\">Tremont Realty Capital<\/a>, an affiliate of <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.rmrgroup.com%2FHome%2Fdefault.aspx&amp;esheet=54545524&amp;newsitemid=20260601111509&amp;lan=en-US&amp;anchor=The+RMR+Group+%28Nasdaq%3A+RMR%29&amp;index=4&amp;md5=c409f4d0f0bc739f454e6dc1a1088035\" rel=\"nofollow\" shape=\"rect\">The RMR Group (Nasdaq: RMR)<\/a>, a leading U.S. alternative asset management company with over $37 billion in assets under management and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about SEVN, please visit <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sevnreit.com&amp;esheet=54545524&amp;newsitemid=20260601111509&amp;lan=en-US&amp;anchor=www.sevnreit.com&amp;index=5&amp;md5=10ae040f9b27fe9254b5404336492337\" rel=\"nofollow\" shape=\"rect\">www.sevnreit.com<\/a>.<\/p><p class=\"bwalignc\">\n<b><span class=\"bwuline\">WARNING CONCERNING FORWARD-LOOKING STATEMENTS<\/span><\/b><\/p><p>\nThis press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These statements may include words such as \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cestimate,\u201d \u201cwill,\u201d \u201cmay\u201d and negatives or derivatives of these or similar expressions. These forward-looking statements include, among others, statements about the quality of SEVN\u2019s investments and performance of underlying properties, as well as SEVN\u2019s potential future growth. Forward-looking statements reflect SEVN\u2019s current expectations, are based on judgments and assumptions, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause SEVN\u2019s actual results, performance or achievements to differ materially from expected future results, performance or achievements expressed or implied in those forward-looking statements. Some of the risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, the following: the ability of SEVN to make additional investments; the success of SEVN\u2019s investments; SEVN\u2019s available liquidity, access to capital and cost of capital; and various other matters. These risks, uncertainties and other factors are not exhaustive and should be read in conjunction with other cautionary statements that are included in SEVN\u2019s periodic filings with the Securities and Exchange Commission, or SEC. The information contained in SEVN\u2019s filings with the SEC, including under the caption \u201cRisk Factors\u201d in its periodic reports, or incorporated therein, identifies important factors that could cause SEVN\u2019s actual results to differ materially from those stated in or implied by SEVN\u2019s forward-looking statements. SEVN\u2019s filings with the SEC are available on the SEC\u2019s website at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54545524&amp;newsitemid=20260601111509&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=6&amp;md5=9ac6685466f72949a7cafe9df5030bab\" rel=\"nofollow\" shape=\"rect\">www.sec.gov<\/a>. You should not place undue reliance upon forward-looking statements. Except as required by law, SEVN does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.<\/p><p class=\"bwalignc\">\n<i>A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.\n<br\/>No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.<\/i><\/p><br\/> <b>Contacts<\/b> <br\/><p>\nMatt Murphy, Manager, Investor Relations\n<br\/>(617) 796-8253\n<br\/><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sevnreit.com&amp;esheet=54545524&amp;newsitemid=20260601111509&amp;lan=en-US&amp;anchor=www.sevnreit.com&amp;index=7&amp;md5=6225bfe25b7bb3a308964fcccbcd764c\" rel=\"nofollow\" shape=\"rect\">www.sevnreit.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>NEWTON, Mass.&#8211;(BUSINESS WIRE)&#8211;Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of two new first mortgage loan investments totaling approximately $52.3 million and the repayment of a $26.5 million loan secured by an office property &#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14261","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/14261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14261"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/14261\/revisions"}],"predecessor-version":[{"id":14262,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/14261\/revisions\/14262"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}