secwatch.observer — SEC 8-K summary
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Issuer:     Seven Hills Realty Trust (SEVN)
CIK:        0001452477
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001452477-22-000020
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SEVN Q1 net income $0.76/sh, adj. distributable EPS $0.37 (+76% QoQ); loan commitments reach $685M
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- Net income of $11.1M ($0.76 diluted EPS), down 46% QoQ from $20.7M.
- Adjusted distributable earnings $5.3M ($0.37/sh), up 76% QoQ from $0.21.
- Originated $95.8M in new loans; total loan commitments grew to $684.5M.
- Quarterly dividend maintained at $0.25/sh; paid Feb 2022, declared for May 2022.
- Expanded borrowing capacity >$800M via new Wells Fargo facility ($125M) and upsized BMO Harris ($150M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1452477/000145247722000020/0001452477-22-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1452477/000145247722000020/sevn-20220427.htm
  HTML page:      https://secwatch.observer/filing/0001452477-22-000020

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