Seven Hills Realty Trust Provides Business Update

Tom Lorenzini, President and Chief Investment Officer of Seven Hills Realty Trust

“The closing of the two new investments along with the recent loan repayments highlights the strength of our origination platform and active portfolio management strategy. We believe these investments are secured by high-quality assets with experienced sponsors and are strong additions to our diversified portfolio. The repayment of our Dallas office loan resulted in a modest discount to the outstanding balance, but we believe it represents a positive outcome for SEVN, in that it further reduces our office exposure, while increasing our capacity to deploy capital into investments where we see potential for better risk-adjusted returns. We also expect additional capital recycling activity in the near term, including the anticipated repayment of our Carlsbad, California office loan during the fourth quarter. These recent and expected developments position us to advance our objectives of generating sustainable dividend coverage and delivering value for our shareholders.”