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earnings
Format: PDF earnings
Seven Hills Realty Trust (SEVN) announced fourth quarter 2023 financial results with distributable earnings exceeding guidance and strong quarterly dividend coverage. The REIT reported $100+ million in loan repayments, a diversified portfolio with all loans current on debt service, and a weighted average risk rating of three. With $239 million in unused financing capacity and a strong pipeline of lending opportunities, SEVN continues to deliver attractive shareholder returns through first mortgage loans secured by commercial real estate.
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