Seven Hills Realty Trust Welcomes Ann Danner as Independent Trustee to Enhance Leadership

Seven Hills Realty Trust Strengthens Leadership with New Independent Trustee

Seven Hills Realty Trust (Nasdaq: SEVN) expands its leadership team with the election of Ann M. Danner as an Independent Trustee. This strategic move increases the board's membership to seven, with an impressive 71% of its members now being independent. Danner’s extensive background in real estate, spanning over four decades, positions her as a valuable asset to the Trust. She founded and has led RHA Advisors LLC since 2018 and previously established Residential Homes of America, Inc. (RHA) in 1986, where she served as CEO. Her wealth of experience not only includes executive roles but also advisory positions, such as her contributions to ALSAC and ALSAC/St. Jude Children’s Research Hospital, showcasing her commitment to both business and community service.

The appointment of Danner is particularly significant for Seven Hills Realty Trust as the company focuses on enhancing shareholder value through its investments in transitional commercial real estate. Adam Portnoy, Chair of the Board of Trustees, emphasizes the importance of Danner's expertise in both residential and multifamily development. Her insights are expected to guide the Trust in navigating the complexities of the real estate market, especially as it seeks to capitalize on emerging opportunities within the middle market sector. Danner's track record of successful real estate ventures aligns with Seven Hills’ mission, and her addition to the board reinforces the company’s commitment to sound governance and strategic growth.

The process of Danner’s appointment involved the Nominating and Governance Committee, supported by Korn Ferry, ensuring that the selection was thorough and aligned with the company’s values. Seven Hills Realty Trust, managed by Tremont Realty Capital, benefits from the experience of its management team, which oversees nearly $41 billion in assets. This solid foundation, paired with the strategic addition of independent leadership, positions the Trust to better navigate market challenges and seize growth opportunities in the commercial real estate landscape.

In addition to board changes, Seven Hills Realty Trust continues to focus on its core mission of originating and investing in first mortgage loans secured by middle market transitional commercial real estate. The Trust operates under a structure that protects its shareholders and key personnel from personal liability, fostering a stable environment for investment. As the company continues to evolve, it invites stakeholders to learn more about its strategies and operations through its website, reinforcing transparency and engagement with its audience.