Seven Hills Realty Trust Closes Two First Mortgage Loans Totaling $74.2 Million
Business Wire•12/11/2026•08:00 ET
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Key Highlights
- ➤SEVN closes two floating-rate first mortgage loans totaling approximately $74.2 million
- ➤$74.2 million commitments refinance The Archive Apartments and finance DoubleTree Suites acquisition
- ➤The Archive Apartments loan is secured by a recently completed 166-unit Class A multifamily property
- ➤DoubleTree Suites loan finances a renovated 241-room Hilton hotel in downtown Salt Lake City
Expert Statements
Tom Lorenzini, President and Chief Investment Officer of SEVN
“These investments are secured by high-quality properties in markets with favorable fundamentals and long-term demand drivers. The Archive Apartments is a newly developed multifamily property adjacent to Yale University, while DoubleTree Suites is a recently renovated Hilton-branded hotel located in the heart of downtown Salt Lake City. We were attracted to both opportunities by the quality of the underlying real estate, the strength of the respective markets and the experience of the sponsorship, and we believe these loans demonstrate our continued ability to efficiently deploy capital into attractive investments while positioning SEVN for future earnings growth.”
Seven Hills Realty Trust Closes Two First Mortgage Loans Totaling $74.2 Million
Seven Hills Realty Trust (Nasdaq: SEVN) (link) today announced the closing of two floating rate first mortgage loans with aggregate commitments of approximately $74.2 million. The new loan investments include:
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