S.

Seven Hills Realty Trust .

SEVN
NASDAQFinancials
$8.18
USD
+0.11(+1.36%)
At close: Apr 30, 20:00 UTC
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Open

$8.17

Prev. Close

$8.19

High

$8.18

Low

$8.17

Market Snapshot

Market Cap

$84.65M

P/E Ratio

7.3

EPS

1.15

Revenue

$64.04M

Why SEVN moved

Seven Hills Realty Trust reported Q1 revenue of $7.9 million and earnings per share of $0.29, achieving a notable 13.9% yield.

About

Seven Hills Realty Trust engages in investing in first mortgage loans secured by middle market and transitional commercial real estate. The company is headquartered in Newton, Massachusetts. The company went IPO on 2007-05-25. The firm's primary investment strategy is to balance capital preservation with generating attractive, risk-adjusted returns by creating customized loan structures tailored to borrowers’ specific business plans for the underlying collateral properties. The company invests in first mortgage loans with principal balances ranging from $15 million to $75 million. The company invests in floating-rate first mortgage loans that provide bridge financing on transitional CRE properties. These investments are typically secured by properties undergoing redevelopment or repositioning activities that are expected to increase the value of the properties. The company has a portfolio of over 21 floating-rate first mortgage loans with a weighted average maximum maturity of 2.6 years. The firm is managed by Tremont Realty Capital LLC.

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