Seven Hills Realty Trust upgraded by JMP Securities with a new price target
$SEVN
Real Estate Investment Trusts
Real Estate
JMP Securities upgraded Seven Hills Realty Trust from Mkt Perform to Mkt Outperform and set a new price target of $13.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/2/2024 | $15.00 | Buy | Janney |
| 6/29/2022 | $13.50 | Mkt Perform → Mkt Outperform | JMP Securities |
New Rate Reflects Expected Lower Net Interest Margins on New Investments and a Declining SOFR Curve Seven Hills Realty Trust (NASDAQ:SEVN) today announced that its Board of Trustees has reduced its quarterly cash distribution on its common shares to $0.28 per share ($1.12 per share per year). The distribution will be paid on or about August 14, 2025, to SEVN's shareholders of record as of the close of business on July 21, 2025. Tom Lorenzini, President and Chief Investment Officer of SEVN, made the following statement: "The Board's decision to reduce the dividend rate at this time reflects management's expectation that loan repayment proceeds will be redeployed at lower net interest m
Seven Hills Realty Trust (NASDAQ:SEVN) today announced the closing of an $18 million first mortgage floating rate bridge loan to refinance Curtis Junction, a recently renovated 112-unit multifamily property in Boise, Idaho. 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 transaction by Berkadia, as advisor to RanchHarbor, the Newport Beach, California based sponsor. Tom Lorenzini, President and Chief Investment Officer of SEVN, made the following statement: "This investment reflects our continued focus on providing capital to experienced spons
Seven Hills Realty Trust (NASDAQ:SEVN) today announced that it will issue a press release containing its second quarter 2025 financial results after the Nasdaq closes on Monday, July 28, 2025. On Tuesday, July 29, 2025 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini, Chief Financial Officer and Treasurer Matthew Brown and Vice President Jared Lewis will host a conference call to discuss these results. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes pr
8-K - Seven Hills Realty Trust (0001452477) (Filer)
8-K - Seven Hills Realty Trust (0001452477) (Filer)
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4 - Seven Hills Realty Trust (0001452477) (Issuer)
Janney initiated coverage of Seven Hills Realty Trust with a rating of Buy and set a new price target of $15.00
JMP Securities upgraded Seven Hills Realty Trust from Mkt Perform to Mkt Outperform and set a new price target of $13.50
Seven Hills Realty Trust (NASDAQ:SEVN) today announced that Matthew Brown has been appointed as Chief Financial Officer and Treasurer, effective March 10, 2025. Mr. Brown is a Senior Vice President of The RMR Group (NASDAQ:RMR) where he oversees the accounting and finance functions and the tax department. Mr. Brown has served in various accounting and finance leadership roles since joining RMR in 2007 and has extensive experience in reporting and compliance, mergers and acquisitions, capital market transactions and technical accounting matters. Mr. Brown is a certified public accountant and also serves as Chief Financial Officer of Diversified Healthcare Trust (NASDAQ:DHC). Mr. Brown succ
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 billion worth of debt and equity investments. About Seven Hills Realty Trust Seven Hills Realty Trust (NASDAQ:SEVN) is a real estate finance company focused on originating and investing in first mortgage loans secured by middle mark
Seven Hills Realty Trust (NASDAQ:SEVN) today announced the appointment of Fernando Diaz, CFA, as Chief Financial Officer and Treasurer, effective October 1, 2023. Mr. Diaz joined The RMR Group (NASDAQ:RMR) in 2007 and currently serves as a Vice President, responsible for credit risk and business analytics. Mr. Diaz has over 15 years of experience as a securities analyst and portfolio manager. Prior to the Trust's deregistration as an investment company, which was effective on January 5, 2021, he served as president and senior portfolio manager of the Trust from 2015 to January 2021 and as a vice president and portfolio manager of the Trust from 2007 to 2015. Prior to joining RMR in 2007,
New Rate Reflects Expected Lower Net Interest Margins on New Investments and a Declining SOFR Curve Seven Hills Realty Trust (NASDAQ:SEVN) today announced that its Board of Trustees has reduced its quarterly cash distribution on its common shares to $0.28 per share ($1.12 per share per year). The distribution will be paid on or about August 14, 2025, to SEVN's shareholders of record as of the close of business on July 21, 2025. Tom Lorenzini, President and Chief Investment Officer of SEVN, made the following statement: "The Board's decision to reduce the dividend rate at this time reflects management's expectation that loan repayment proceeds will be redeployed at lower net interest m
Seven Hills Realty Trust (NASDAQ:SEVN) today announced that it will issue a press release containing its second quarter 2025 financial results after the Nasdaq closes on Monday, July 28, 2025. On Tuesday, July 29, 2025 at 11:00 a.m. Eastern Time, President and Chief Investment Officer Tom Lorenzini, Chief Financial Officer and Treasurer Matthew Brown and Vice President Jared Lewis will host a conference call to discuss these results. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes pr
Seven Hills Realty Trust (NASDAQ:SEVN) today announced financial results for the quarter ended March 31, 2025, which can be found at the Quarterly Results section of SEVN's website at https://sevnreit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250428769167/en/ A conference call to discuss SEVN's first quarter 2025 results will be held on Tuesday, April 29, 2025 at 11:00 a.m. Eastern Time. The conference call telephone number is (866) 739-7850. Participants calling from outside the United States and Canada should dial (412) 317-6592. No pass code is necessary to access the call
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SC 13G - Seven Hills Realty Trust (0001452477) (Subject)
SC 13G/A - Seven Hills Realty Trust (0001452477) (Subject)