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Seven Hills Realty Trust Closes $28 Million Bridge Loan to Refinance an Industrial Property in San Antonio, Texas

NEWTON, Mass., June 16, 2025--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $28 million first mortgage floating rate bridge loan to refinance Rise at Loop 410, a 360,000 square foot industrial warehouse distribution facility recently developed in San Antonio, Texas.

articleSeven Hills Realty TrustJune 16, 20253/news/seven-hills-realty-trust-closes-120000231
Seven Hills Realty Trust Closes $28 Million Bridge Loan to Refinance an Industrial Property in San Antonio, Texas

About this update from Seven Hills Realty Trust

NEWTON, Mass., June 16, 2025--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $28 million first mortgage floating rate bridge loan to refinance Rise at Loop 410, a 360,000 square foot industrial warehouse distribution facility recently developed in San Antonio, Texas. 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 Cushman & Wakefield, which advised Grandview Partners, the Greenwich, Connecticut based sponsor. Tom Lorenzini, President and Chief Investment Officer of SEVN, made the following statement: "We continue to actively pursue lending opportunities that enhance the scale and composition of our portfolio. The Rise at Loop 410 loan was originated with a sponsor that brings significant industrial investment experience, and the property’s location in San Antonio’s Northeast submarket provides direct access to key transportation corridors and a growing, skilled workforce. This investment aligns with our focus on deploying capital into compelling, risk-adjusted opportunities that support long-term value creation." About Seven Hills Realty Trust Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate investment trust, or REIT, that originates and invests in first mortgage loans secured by middle market transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $40 billion in assets under management and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about SEVN, please visit www.sevnreit.com. WARNING CONCERNING FORWARD-LOOKING STATEMENTS This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These statements may include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "will," "may" and negatives or derivatives of these or similar expressions. These forward-looking statements include, among ...

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