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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

JPMorgan BetaBuilders MSCI US REIT ETF

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Neuberger Berman Real Estate Securities Income Fund Inc

US Diversified Real Estate ETF

Invesco Active US Real Estate

ALPS Active REIT ETF

ProShares Short Real Estate

Cohen And Steers Total Return Realty Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Cohen & Steers Quality Income Realty Fund

SPDR Dow Jones REIT ETF

Schwab U.S. REIT ETF

ProShares UltraShort Real Estate

Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sector ETF

ProShares Ultra Real Estate

iShares Core U.S. REIT ETF

Vanguard Real Estate ETF

Amidst the bearish sentiment towards real estate, a compelling opportunity to own REITs has emerged. The deeply discounted REIT market has largely priced in the challenges for real estate of higher rates and tighter credit markets. Areas of concern for real estate - office properties or too much leverage - are well-contained in public REIT markets. REITs generally possess high-quality balance sheets and have minimal exposure to traditional office space.

Opportunities In Listed REITs Today

I hold a significant allocation towards quality REITs. In this article, I share my bullish thesis for investing in the sector. I also highlight catalysts that could take quality REITs to new all-time highs in as little as 12 months.

My Bullish REIT Thesis And Catalysts That Could Take Us To New ATHs

Seven Hills Realty Trust (NASDAQ:SEVN ) Q2 2023 Earnings Call Transcript August 1, 2023 11:00 AM ET Company Participants Kevin Barry - Director of Investor Relations Tom Lorenzini - President and Chief Investment Officer Tiffany Sy - Chief Financial Officer and Treasurer Conference Call Participants Matthew Erdner - Jones Trading Chris Muller - JMP Securities Operator Good morning, and welcome to Seven Hills Realty Trust's Second Quarter 2023 Financial Results Conference Call. All participants will be in a listen-only mode.

Seven Hills Realty Trust (SEVN) Q2 2023 Earnings Call Transcript

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and six months ended June 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 second quarter 2023 results will be held on Tuesday, August 1, 2023 at 11:00 a.m. Eastern Time. The conference call telephone number is (866) 739-7850. Participants.

Seven Hills Realty Trust Announces Second Quarter 2023 Results

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $27.5 million first mortgage floating rate bridge loan to finance the acquisition of Woodfield Commerce Center, a 320,000 square foot industrial warehouse building located at 200 International Boulevard in Fountain Inn, South Carolina. An initial advance of $24.3 million was funded at closing with future advances of up to $3.2 million available for capital expenditures. The loan is structure.

Seven Hills Realty Trust Closes $27.5 Million Bridge Loan to Finance the Acquisition of an Industrial Property in South Carolina

Farmland Partners

Gladstone Land

PotlatchDeltic

One of the hottest "inflation hedges" during the pandemic, land REITs have fallen out-of-favor as rising rates and normalizing supply chains have created disinflationary - and even deflationary - headwinds for commodities. While services sector inflation remains sticky, goods-related inflation has fallen dramatically over the past nine months, with some inflation reports now showing goods deflation levels typically seen only in recessions.

Land REITs: Disinflation Headwinds

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its second quarter 2023 financial results after the Nasdaq closes on Monday, July 31, 2023. On Tuesday, August 1, 2023 at 11:00 a.m. Eastern Time, President Tom Lorenzini and Chief Financial Officer Tiffany Sy will host a conference call to discuss these results. The conference call telephone number is (866) 739-7850. Participants calling from outside the United.

Seven Hills Realty Trust Second Quarter 2023 Conference Call Scheduled for Tuesday, August 1st

Allow me to utilize 2 overused quotes: Buy when there is blood in the streets. Be greedy when others are fearful.

Peak Bear Has Arrived In Real Estate

In recent years, specialized technology-adjacent property types such as towers, data centers and industrial have gained prominence in the real estate market due to changes in consumer behavior, technological advancements, and their critical role in supporting the modern economy. The REIT universe looks much different today, appropriately reflecting the changes that are happening all around us. REITs are not just constrained to malls and offices; quite the contrary, the REIT sector is a dynamic one, with exposure to both secular growth dynamics and sources of bulwark stability.

REITs: Ever Changing, Ever Valuable

Alexandria Real Estate Equities

Hudson Pacific Properties

This article will unveil our analysis, providing you with some insight toward understanding the current state of the REIT market and its future potential, particularly in the realm of sustainable investments. Real estate plays a significant role in climate change, both as a contributor to greenhouse gas emissions and as a sector that is highly vulnerable to the physical impacts of a changing climate. Investing in sustainable REITs allows investors to have a real-world impact through their portfolio.

Navigating The Sustainable REIT Market: Green Alpha's Essential Guide

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that President and Chief Investment Officer Tom Lorenzini and Chief Financial Officer and Treasurer Tiffany Sy will be presenting at Nareit's REITweek 2023 Investor Conference in New York, NY on Wednesday, June 7, 2023 at 12:30 p.m. Eastern Time. A live audio webcast of the presentation will be available in a listen-only mode on the company's website at https://sevnreit.com/investors/Events-and-presentations.

Seven Hills Realty Trust to Present at Nareit's REITweek 2023 Investor Conference on Wednesday, June 7th

A lot of investors appear to think that REITs will drop lower. They believe that their valuations aren't low enough. Do they have a point? We take a closer look and issue a warning to those REIT investors who are trying to time the market.

Important Warning For REIT Investors

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $37.5 million first mortgage bridge loan to refinance The Union at Auburn, a 501-bed Class A student housing property located at the Auburn University campus. The loan is structured with a 30-month initial term and one 12-month extension option, subject to the borrower meeting certain requirements. This is SEVN's second transaction with Boston-based WFI. Tom Lorenzini, President of SEVN, mad.

Seven Hills Realty Trust Closes $37.5 Million Bridge Loan to Refinance a Student Housing Property at Auburn University

Seven Hills Realty Trust (SEVN) Q1 2023 Earnings Call Transcript.

Seven Hills Realty Trust (SEVN) Q1 2023 Earnings Call Transcript

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter ended March 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 first quarter 2023 results will be held on Tuesday, April 25, 2023 at 11:00 a.m. Eastern Time. The conference call may be accessed by dialing (866) 739-7850 or (412) 317-6592 (if.

Seven Hills Realty Trust Announces First Quarter 2023 Results

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its first quarter 2023 financial results after the Nasdaq closes on Monday, April 24, 2023. On Tuesday, April 25, 2023 at 11:00 a.m. Eastern Time, President Tom Lorenzini and Chief Financial Officer Tiffany Sy will host a conference call to discuss these results. The conference call telephone number is (866) 739-7850.

Seven Hills Realty Trust First Quarter 2023 Conference Call Scheduled for Tuesday, April 25th

Apple Hospitality REIT

Brookfield Asset Management

CBL & Associates Properties

Cousins Properties

Innovative Industrial Properties

Macerich

With recent distress across office markets seizing the headlines, Mall REITs are no longer the "Problem Child" of the REIT sector, particularly after weaker players and lower-tier malls closed shop. Following three years of rental rate and occupancy declines, the supply-demand dynamic has recently favored retail landlords, rewarding many retail REITs with some long-elusive pricing power.

Mall REITs: Only The Strong Shall Survive

Blackstone Group

iShares CMBS ETF

Indus Realty Trust Inc

Life Storage

iShares MBS ETF

Public Storage

Amid intensifying concerns over the potential fallout from several major tech-focused bank failures, this report examines high-level REIT fundamentals to chart the likely path forward for the real estate industry. Real estate equities have been slammed particularly hard as investors draw parallels to the early stages of the 2008 financial crisis when locked-up credit markets created a cascade of distress.

This Time Is Different

Seven Hills Realty Trust (NASDAQ:SEVN ) Q4 2022 Earnings Conference Call February 14, 2023 11:00 AM ET Company Participants Kevin Barry - Director, Investor Relations Thomas Lorenzini - President Tiffany Sy - Chief Financial Officer and Treasurer Conference Call Participants Matthew Erdner - Jones Trading Chris Muller - JMP Securities Operator Good morning, and welcome to Seven Hills Realty Trust's Fourth Quarter 2022 Financial Results Conference Call. All participants will be in listen-only mode.

Seven Hills Realty Trust (SEVN) Q4 2022 Earnings Call Transcript

Virtus Real Asset Income ETF

Certain businesses are better than others at a strategic level. A good underlying strategy is essential to long-term profitability.

Determining The Viability Of A REIT's Business Model

NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced financial results for the quarter and year ended December 31, 2022. Tom Lorenzini, President of SEVN, made the following statement: "We ended the year with substantial earnings growth driven by the favorable impact of rising interest rates on our floating rate loan portfolio.

Seven Hills Realty Trust Announces Fourth Quarter 2022 Results

NEWTON, Mass.--( BUSINESS WIRE )--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that the characterization of dividends for 2022 income tax reporting is as follows:

Seven Hills Realty Trust Announces 2022 Dividend Allocations

NEWTON, Mass.--( BUSINESS WIRE )--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it will issue a press release containing its fourth quarter 2022 financial results after the Nasdaq closes on Monday, February 13, 2023. On Tuesday, February 14, 2023 at 11:00 a.m. Eastern Time, President Tom Lorenzini and Chief Financial Officer Tiffany Sy will host a conference call to discuss these results.

Seven Hills Realty Trust Fourth Quarter 2022 Conference Call Scheduled for Tuesday, February 14th

NEWTON, Mass.--( BUSINESS WIRE )--Seven Hills Realty Trust (Nasdaq: SEVN) today announced it has raised its quarterly cash distribution on its common shares by $0.10 per share, or 40%, to $0.35 per share ($1.40 per share per year). The distribution declared today will be paid to SEVN's common shareholders of record as of the close of business on January 23, 2023 and distributed on or about February 16, 2023.

Seven Hills Realty Trust Raises Quarterly Dividend on Common Shares by 40% to $0.35 Per Share or $1.40 Per Share Per Year

Although the change in public REIT equity prices over the past 12 months would not suggest it, 2022 actually saw earnings growth arrive above our initial expectations. We forecast total returns for REITs in 2023 to be between +8% to +12%.

2023 Chilton REIT Forecast

News for Seven Hills Realty Trust Stock (SEVN)