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 was founded in 2003 and is headquartered in Newton, MA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Seven Hills Realty Trust excels in Q4 2022, anticipates growth

Seven Hills Realty Trust delivered a strong performance in Q4 2022, marked by significant dividend growth, doubled distributable earnings, and successful loan origination.
While facing challenges related to CECL implementation and market uncertainties, the company's proactive approach and strategic outlook position them well for future opportunities.
With a focus on financial management, growth projections, and capitalizing on rising interest rates, Seven Hills Realty Trust aims to sustain its momentum and drive shareholder value.

Seven Hills Realty Trust posts strong Q1 earnings, eyes growth

Seven Hills Realty Trust delivered robust Q1 performance with strong earnings and distributable earnings exceeding dividend requirements.
Despite potential challenges from loan repayments and market dynamics, the company remains optimistic about future growth opportunities.
Strategic focus on active lending, risk management, and market trends underpins the company's pursuit of strong risk-adjusted returns.

Seven Hills Realty Trust (SEVN) reports strong Q2 earnings and navigates asset management challenges

Seven Hills Realty Trust (SEVN) delivered strong Q2 results, with robust loan production and solid financial performance. While facing challenges with loan refinancing and asset management transitions, SEVN's focus on market opportunities and dividend coverage positions it for growth. Management's guidance for Q3 2023 indicates a positive outlook for the company.

Seven Hills Realty Trust excels in Q3 earnings amid market opportunities

Seven Hills Realty Trust demonstrated robust performance in Q3 2023, with strong distributable earnings, efficient loan production, and prudent financial management.
While facing challenges such as market uncertainties and regulatory scrutiny, the company's solid fundamentals and strategic guidance position it for continued success.
By leveraging market opportunities, maintaining a conservative balance sheet, and addressing potential risks, Seven Hills aims to sustain growth and deliver value to shareholders.

Seven Hills Realty Trust (SEVN) excels in Q4 earnings, eyes growth opportunities

Seven Hills Realty Trust (SEVN) delivered impressive Q4 2023 results, exceeding expectations in distributable earnings and loan production. While maintaining a healthy portfolio, SEVN faces challenges in evaluating specific loan types and diversifying geographically. However, the company is well-positioned to leverage opportunities for growth through strategic loan origination and market entry.

Seven Hills Realty Trust (SEVN) surpasses Q1 earnings expectations, eyes loan book expansion

Seven Hills Realty Trust (SEVN) delivered robust Q1 results, exceeding expectations and maintaining a strong credit profile. While facing challenges in loan activity, the company's conservative leverage and focus on multifamily properties position it well for future growth amidst favorable economic conditions.

Seven Hills Realty Trust exceeds Q2 earnings expectations, eyes growth

Seven Hills Realty Trust showcased robust financial performance in Q2, driven by strong distributable earnings and a stable loan portfolio. Despite challenges like increased CECL reserves, the company maintains a positive outlook with a healthy liquidity position and a promising deal pipeline.

Seven Hills Realty Trust reports stable Q3 earnings and eyes market opportunities

SEVN's Q3 performance reflects stability with distributable earnings per share meeting expectations and a strong liquidity position.
Despite challenges such as upcoming loan maturities and interest rate impacts, SEVN remains well-positioned to capitalize on market opportunities.
The company's strategic focus on portfolio diversification, yield opportunities, and prudent financial management underpins its future growth potential.

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NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that Jared Lewis has been appointed as Vice President. Mr. Lewis is a Vice President of The RMR Group (Nasdaq: RMR) where he leads a team in screening, sizing and underwriting new commercial real estate mortgage loans. He is also a Vice President of Tremont Realty Capital. Mr. Lewis joined Tremont's predecessor business in 2002, and throughout his career has been involved in the structuring of over $3.4 bill.

Seven Hills Realty Trust Appoints Jared Lewis as Vice President

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U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increase of 2024. Posting a second week of modest declines following four-straight weekly gains, the S&P 500 finished lower by 0.4% on the week, but still notched its best month since February. Real estate equities also rebounded following steep declines in the prior week as a handful of REITs provided positive business updates ahead of the annual REITweek industry conference.

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REIT FFO/share growth in 2023 was stalled due to increased insurance premiums and property taxes. Property taxes jumped from $170B to almost $200B in 2023, while insurance costs doubled as a percentage of revenue. Higher insurance premiums reduced FFO margins by nearly 100 basis points, impacting FFO/share growth.

Why REIT's Didn't Grow In 2023

Seven Hills Realty Trust is a real estate financing company that originates and invests in first mortgage loans. It has experience in loan executions from originations, and underwriting, to asset management. In the past quarterly update, it beat EPS expectations by $0.03 to arrive at $0.38.

Seven Hills Realty Trust: Well Diversified Lender With Strong Business Sense

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Seven Hills Realty Trust (NASDAQ:SEVN ) Q1 2024 Earnings Conference Call April 30, 2024 11:00 AM ET Company Participants Stephen Colbert - Director of IR Tom Lorenzini - President and CIO Fernando Diaz - CFO and Treasurer Conference Call Participants Matthew Erdner - JonesTrading Chris Muller - Citizens JMP Operator Good morning, and welcome to the Seven Hills Realty Trust First Quarter 2024 Financial Results Conference Call. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions.

Seven Hills Realty Trust (SEVN) Q1 2024 Earnings Call Transcript

REITs experienced a 26% drop in prices due to rising interest rates, creating opportunities for investors. Despite the overall decline, many REIT sectors, such as industrial, multifamily, and manufactured housing, showed strong FFO/share growth. The market pricing of REITs did not align with their fundamental performance, creating mispricing in sectors like retail, towers, and self-storage.

2 Years Of Gloom Have Done Interesting Things To REIT Valuation

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter ended March 31, 2024, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx. A conference call to discuss SEVN's first quarter 2024 results will be held on Tuesday, April 30, 2024 at 11:00 a.m. Eastern Time. The conference call telephone number is (866) 739-7850. Participants calling from ou.

Seven Hills Realty Trust Announces First Quarter 2024 Results

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $17.8 million first mortgage floating rate bridge loan to finance the acquisition of the Hilton Village Townhomes, a 160-unit apartment complex located at 531 Bulkeley Place in Newport News, Virginia. The loan has a three-year initial term with two one-year extension options, subject to the borrower meeting certain requirements. SEVN's manager, Tremont Realty Capital, was introduced to the t.

Seven Hills Realty Trust Closes $17.8 Million Bridge Loan to Finance the Acquisition of a Multifamily Property in Virginia

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its first quarter 2024 financial results after the Nasdaq closes on Monday, April 29, 2024. On Tuesday, April 30, 2024 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini and Chief Financial Officer and Treasurer Fernando Diaz will host a conference call to discuss these results. The conference call telephone number is (866) 739-7850.

Seven Hills Realty Trust First Quarter 2024 Conference Call Scheduled for Tuesday, April 30th

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Seven Hills Realty Trust (SEVN) Q4 2023 Earnings Call Transcript

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and year ended December 31, 2023, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx. A conference call to discuss SEVN's fourth quarter 2023 results will be held on Wednesday, February 21, 2024 at 11:00 a.m. Eastern Time. The conference call telephone number is (866) 739-7850. Participan.

Seven Hills Realty Trust Announces Fourth Quarter 2023 Results

The yield on 10-year Treasury Inflation-Protected Securities TIPS fell significantly from ~2.5% to ~1.7% in the last two months of 2023. How does this affect real estate? As long-lived, fixed assets with inflation-protective characteristics, quality real estate can be viewed as an equivalent to TIPS plus a risk premium.

An Opportunity For REITs To Shine In 2024

After lagging equities for the past two years, REITs offer an attractive investment opportunity in 2024. Peaking or falling yields have historically been a catalyst for strong REIT market outperformance.

2024 Listed REITs Outlook

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its fourth quarter 2023 financial results after the Nasdaq closes on Tuesday, February 20, 2024. On Wednesday, February 21, 2024 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini and Chief Financial Officer and Treasurer Fernando Diaz will host a conference call to discuss these results. The conference call telephone number is (866).

Seven Hills Realty Trust Fourth Quarter 2023 Conference Call Scheduled for Wednesday, February 21st

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Self-Storage REITs delivered incredible growth early in the pandemic driven by surging housing market activity, but have been victims to their own success of late amid a supply-driven cooldown. Robust double-digit rent growth and relatively low operational barriers to entry prompted a wave of new development, with a roughly 12% expansion in total supply expected between 2022 and 2024. This supply boom - twice the magnitude of the multifamily sector - has reignited fierce "storage wars" between competing facilities, which has led to double-digit dips in new lease rates since mid-2022.

Storage REITs: Victims Of Own Success

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that the characterization of dividends for 2023 income tax reporting is as follows: SEVN Common Shares Dividend Allocation Per Share Section Total Unrecaptured Declaration Record Paid/Payable Dividends Ordinary 199A Qualified Capital Section 1250 Return of Dates Dates Dates Per Share Income Dividend(1) Dividend(2) Gain Gain(3) Capital 01/12/23 01/23/23 02/16/23 $0.35 $0.3500 $0.3500 $0.0000 $0.0000 $0.0000 $.

Seven Hills Realty Trust Announces 2023 Dividend Allocations

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $29.0 million first mortgage floating rate bridge loan secured by the SunCoast Park Hotel Anaheim, which is part of the Tapestry Collection by Hilton. The 174-room select service hotel is located at 1640 S. Clementine Street in Anaheim, California. The loan has a two-year initial term with three one-year extension options, subject to the borrower meeting certain requirements. SEVN's manager,.

Seven Hills Realty Trust Closes $29.0 Million Bridge Loan to Refinance a Hospitality Property in Anaheim, California

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Seven Hills Realty Trust (NASDAQ:SEVN ) Q3 2023 Earnings Call Transcript November 1, 2023 11:00 AM ET Company Participants Kevin Barry - Senior Director of Investor Relations Tom Lorenzini - President and Chief Investment Officer Fernando Diaz - Chief Financial Officer and Treasurer Conference Call Participants Matthew Erdner - Jones Trading Chris Muller - JMP Operator Good morning, and welcome to the Seven Hills Realty Trust's Third quarter 2023 Financial Results Conference Call. All participants will be in listen-only mode.

Seven Hills Realty Trust (SEVN) Q3 2023 Earnings Call Transcript

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and nine months ended September 30, 2023, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx. A conference call to discuss SEVN's third quarter 2023 results will be held on Wednesday, November 1, 2023 at 11:00 a.m. Eastern Time. The conference call telephone number is (866) 739-7850. Part.

Seven Hills Realty Trust Announces Third Quarter 2023 Results

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U.S. equity markets remained turbulent while benchmark interest rates retreated as investors weighed shocking geopolitical developments in the Middle East against inflation data showing an energy-driven reacceleration in price pressures. Posting a second week of modest gains following a four-week skid, the S&P 500 advanced 0.5%, but gains remained "top-heavy." The Mid-Cap 400 and Small-Cap 600 each posted weekly declines.

Different World, Same Problems

News for Seven Hills Realty Trust Stock (SEVN)