Seven Hills Realty Trust
Seven Hills Realty Trust (Nasdaq: SEVN) operates as a Maryland-based real estate investment trust focused on originating and investing in floating rate first mortgage loans secured by middle market transitional commercial real estate properties. The company's website is www.sevnreit.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Seven Hills Realty Trust does
In the company’s own words
Seven Hills Realty Trust (Nasdaq: SEVN) operates as a Maryland-based real estate investment trust focused on originating and investing in floating rate first mortgage loans secured by middle market transitional commercial real estate properties. The company's website is www.sevnreit.com.
The trust specializes in bridge financing for commercial properties undergoing redevelopment or repositioning activities designed to increase property values. Seven Hills targets first mortgage loans ranging from $15 million to $75 million, secured by transitional CRE assets with values up to $100 million across the United States. As of December 31, 2025, the company maintained a portfolio of 24 floating rate first mortgage loans with aggregate loan commitments of $724.5 million, featuring a weighted average coupon rate of 7.52% and weighted average all-in yield of 7.92%.
The company's investment strategy emphasizes capital preservation while generating attractive risk-adjusted returns through customized loan structures. Seven Hills targets loans with stabilized loan-to-value ratios of 75% or less, terms of five years or less, and floating interest rates based on SOFR plus competitive margins. Loans are non-recourse to sponsors subject to customary carve-out guarantees and are secured by properties owned by well-capitalized sponsors with relevant experience.
Seven Hills operates through Tremont Realty Capital LLC, its investment manager and subsidiary of RMR Inc., which provides day-to-day management subject to board oversight. RMR is an alternative asset management company with over $37 billion in real estate assets under management, approximately 1,800 properties, and 40 years of institutional experience in commercial real estate. The company has no employees; all services are provided or arranged by Tremont.
The trust qualifies for taxation as a REIT under the Internal Revenue Code and maintains an exemption from registration under the Investment Company Act of 1940. As of December 31, 2025, the company's debt-to-equity ratio was 1.5:1, with the company targeting leverage generally below 3.5:1. Approximately 96.6% of the loan portfolio by principal outstanding had interest rate floors in place with a weighted average floor of 2.81%.
Company details
- Sector
- Real Estate
- Industry
- REITs
- Headquarters
- NEWTON, MA
- Fiscal year end
- December
- CIK
- 1452477
- SIC
- 6798
Financial performance, year by year
Fiscal 2021–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Seven Hills Realty Trust — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Seven Hills Realty Trust’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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