Seven Hills Realty Trust announced strong financial results for the first quarter ended March 31, 2025, with distributable earnings of $0.34 per share and net income of $0.30 per diluted share. The company's total loan commitments reached $691 million, reflecting continued growth in its portfolio.
SEVN closed two new loans totaling $49.7 million during the quarter, including a $31.2 million student housing loan in San Marcos, TX, and an $18.5 million student housing loan in Waco, TX. The weighted average risk rating for the portfolio improved from 3.1 to 2.9, with all loans performing.
The company further reduced its office loan exposure to 25% at quarter-end, down from 26% at December 31, 2024. SEVN maintained strong liquidity with $41.6 million in cash and $298.0 million in unused capacity under its Secured Financing Facilities.
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