Seven Hills Realty Trust SEC Filings

Seven Hills Realty Trust launched a fully backstopped, transferable rights offering registering up to 7,532,861 common shares at a subscription price of $8.65 per share. Shareholders of record at 5:00 p.m. ET on November 10, 2025 receive one right per share and may purchase one new share for every two rights. The rights are expected to trade on Nasdaq as SEVNR from November 10 to December 2, 2025 and expire at 5:00 p.m. ET on December 4, 2025.

If fully subscribed, gross proceeds would be $65,159,248, with estimated net proceeds of about $61.9 million after fees and expenses. Proceeds will fund growth by originating and investing in middle‑market, transitional CRE mortgage loans. The offering is fully backstopped by Tremont Realty Capital LLC with no backstop fees. If fully subscribed, shares outstanding would be 22,598,583. Book value was $17.68 per share as of September 30, 2025 and would be about $14.53 per share on an as‑adjusted basis, reflecting immediate dilution for non‑participating holders.

Seven Hills Realty Trust authorized the purchase from The RMR Group LLC of a $40 million hotel loan (SpringHill Suites by Marriott, Revere, MA) and a $27 million industrial loan (400 Devon Park Drive, Wayne/ Tredyffrin Township, PA), with closing expected by year‑end. The purchase price for each loan equals its current unpaid balance, and each party will bear its own out‑of‑pocket costs.

As of September 30, 2025, the hotel loan had committed principal $37,000,000, a coupon S + 3.95%, maturity 7/1/2026, LTV 73%, and risk rating 3. The industrial loan had committed principal $27,000,000, a coupon S + 4.25%, maturity 7/18/2027, LTV 62%, and risk rating 3. Given relationships among SEVN, Tremont, and RMR (including Tremont owning 11.3% of SEVN’s common shares as of September 30, 2025), the transaction was considered and authorized by the Independent Trustees and the Board, acting separately.

Seven Hills Realty Trust reported Q3 2025 net income of $3.43 million, or $0.23 per share, on total revenue of $7.09 million. Income from loan investments, net, was $6.44 million as interest income eased with lower average coupons, while interest expense declined with smaller secured borrowings and lower rates. The allowance for credit losses rose modestly to $9.41 million. Cash and cash equivalents were $77.50 million, and secured financing facilities carried $429.45 million, with the company in covenant compliance.

The loan portfolio totaled 22 first mortgages with $641.90 million in commitments and a $612.42 million principal balance, a 2.9 weighted average risk rating, and an average coupon of 7.85%. Five loans (about 23% of amortized cost) were rated 4; there were no nonaccrual or past-due loans, and all borrowers were current as of September 30 and October 23, 2025. Common shares outstanding were 15,065,722 as of October 23, 2025. The company paid a $0.28 per-share distribution in Q3 and declared another $0.28 on October 9, 2025.

Seven Hills Realty Trust furnished materials announcing its financial results for the quarter and nine months ended September 30, 2025. The company issued a summary press release and a detailed earnings presentation, both made available as exhibits.

The press release is filed as Exhibit 99.1 and the third quarter 2025 results presentation as Exhibit 99.2 under Item 2.02 of a Form 8-K. The report date is October 27, 2025.

Matthew P. Jordan, a director of Seven Hills Realty Trust (SEVN), reported a transaction on 10/01/2025 where 1,037 common shares were disposed of at a price of $10.41 per share. The filing states the shares were withheld to satisfy a tax liability arising from the vesting of previously issued securities. After the withholding, Mr. Jordan beneficially owns 83,136 common shares, held directly. The Form 4 is signed and dated 10/03/2025.

Seven Hills Realty Trust (SEVN) reported a Form 4 for its President and CIO. On 10/01/2025, 243 common shares were withheld at $10.41 under transaction code F to cover taxes related to a vesting event pursuant to Rule 16b-3. After this administrative transaction, the insider held 24,753 shares directly.

Seven Hills Realty Trust filed a shelf registration on Form S-3 to offer up to $500,000,000 of securities including common and preferred shares, depositary shares, debt securities, subscription rights and warrants. SEVN is a Maryland REIT that focuses on originating and investing in floating-rate first mortgage loans sized approximately $15 million to $75 million secured by middle-market transitional commercial real estate. As of June 30, 2025, SEVN reported approximately $665.4 million in aggregate loan commitments across 23 first mortgage loans. The company has 15,069,116 common shares issued and outstanding as of September 17, 2025 and its common shares trade on Nasdaq under the symbol SEVN. The prospectus highlights transfer and ownership limits (generally 9.8%) and related Charitable Trust mechanisms, and incorporates risk factor disclosures and forward-looking statement cautions.

Seven Hills Realty Trust (SEVN) reporting person Matthew P. Jordan, a director, recorded a transaction dated 09/16/2025 showing the disposition of 5,251 common shares at a price of $10.95 per share. After the reported transaction Mr. Jordan beneficially owned 84,173 shares, held directly. The filing states the sale was to satisfy a tax withholding obligation arising from the vesting of previously issued securities. The Form 4 is signed 09/18/2025 and indicates a single reporting person filing.

Thomas J. Lorenzini, President and CIO of Seven Hills Realty Trust (SEVN), reported a single transaction on 09/16/2025 in a Form 4 filing. He disposed of 1,333 common shares at an indicated price of $10.95 per share through a transaction coded F(1), which the filer explains as withholding shares to pay tax liability upon vesting. After the transaction Lorenzini beneficially owned 24,996 common shares, held directly. The filing is signed 09/18/2025 and shows this was reported by one reporting person.