Seven Hills Realty Trust — Form 8-K

Seven Hills Realty Trust (SEVN, ~$152.8M market cap) reported Q2 2026 distributable earnings of $0.23/share ($5.1M total) on a GAAP net loss of $0.04/share. SEVN originated $75M in new loans across 3 deals and closed an additional $24.3M loan post-quarter. The company received $85.2M in repayments including full payoff of a $26.5M office loan and a $54.7M multifamily loan, reducing office exposure from 23% to 19%. Portfolio remains 100% floating-rate, all-performing, with 2.9 weighted-average risk rating, 67% weighted-average LTV, no realized losses to date. SEVN declared quarterly distribution of $0.28/share (~$6.3M, 122% of DE payout ratio), maintains $70M cash and $393M unused financing capacity. Manager Tremont Realty Capital (owned by RMR, $37B AUM) continues deployment of December 2025 rights offering capital.