Seven Hills Realty Trust Projects Q4 Distributable Earnings Between $0.25 and $0.27 Per Share
Seven Hills Realty Trust (SEVN) reported a productive third quarter, focusing on capital deployment and the strategic reduction of legacy office exposure. During the Q3 2026 earnings call, management highlighted the origination of three new loans totaling $122.3 million alongside receiving $139 million in repayment proceeds. The company provided guidance for the fourth quarter, projecting distributable earnings per share to fall within the range of $0.25 to $0.27. Looking ahead, Seven Hills is targeting sustainable dividend coverage by the first half of 2027 as it continues to rebalance its portfolio.
Tickers: $SEVN
Topics: capital deployment earnings report loan origination real estate investment trust
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Part of the story Seven Hills Realty Trust Reduces Office Exposure and Targets Dividend Coverage by 2027 (6 articles)