Seven Hills Realty Trust

Last price update: 25 Apr 24 23:00 GMT

Price:
$12.14
Open:
$12.30
Previous close:
$12.38
Day's range:
$12.05 - $12.30
Year's range:
$9.01 - $14.08
Net Income per Share:
1.77
Price-to-Earnings ratio:
6.86
52-week Price Range:
$12.64
Volume:
$38,228.00
Average volume:
$54,859.00

Company profile for Seven Hills Realty Trust

Seven Hills Realty Trust logo

Seven Hills Realty Trust is a real estate investment trust that primarily focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. Established in 2008 and headquartered in Newton, Massachusetts, the company has elected to be taxed as a real estate investment trust. This benefits them by allowing them to stay exempt from corporate income tax on the majority of their net income distributed to shareholders.

Seven Hills Realty Trust is managed and advised by RMR Advisors LLC, a subsidiary of The RMR Group LLC. The RMR Group LLC is an alternative asset management company that has been in business since 1990 and currently has over $31 billion in assets under management. RMR Advisors is the advisor to all of the Seven Hills Realty Trust’s publicly registered non-traded REITs which include Seven Hills REIT I, II, III and IV. RMR Advisors LLC also provides other services to the Seven Hills Realty Trust, including asset and property management, acquisition and disposition services, and capital markets services.

The Seven Hills Realty Trust has provided investors with a variety of attractive investments in a wide range of middle market and transitional commercial real estate loans. They have originated and invested in more than $5 billion of first mortgage loans since 2008, across different industries and across the United States. Their portfolio is diversified and includes a mix of short-term bridge loans, long-term fixed-rate mortgage loans, and floating-rate mortgage loans.

The trust also benefits from the support of RMR Advisors LLC, as well as a variety of private and institutional investors. The trust has raised more than $1 billion in private capital from investors, including some of the largest family offices, private equity firms, pension funds, endowments, foundations, and other accredited investors. These investors have recognized Seven Hills Realty Trust’s strong track record of opportunistic investing and the potential to generate attractive returns.

Seven Hills Realty Trust has continued to make progress in its focus on investing in commercial real estate loans. The trust is committed to pursuing opportunities that leverage the expertise of RMR Advisors LLC and the capital of private and institutional investors to invest opportunistically in middle market and transitional commercial real estate loans.

Stock exchanges:
NASDAQ
Sector:
Real Estate
Industries:
REIT
Ticker:
SEVN
CIK:
0001452477
ISIN:
US81784E1010
Website:
https://sevnreit.com
Phone:
617 332 9530
Origin:
United States
Employees:
0