secwatch.observer — SEC 8-K summary
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Issuer:     Seven Hills Realty Trust (SEVN)
CIK:        0001452477
Form:       8-K
Filed at:   2022-07-27T23:59:59+00:00
Accession:  0001452477-22-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seven Hills Realty Trust Q2 net income $0.31/sh, adjusted distributable earnings $0.24; loan commitments reach $735M
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- Net income per share $0.31 (up from $0.11 YoY); adjusted distributable earnings per share $0.24 (up from $0.13).
- Aggregate loan commitments reached $735M, threefold increase from $250.7M a year ago; originated $60.5M in new loans.
- All loans current, no defaults; weighted average coupon 5.14%, all-in yield 5.64%.
- Increased credit facility from $100M to $150M; declared $0.25 quarterly distribution.
- Estimates a 75bps rate increase would add $0.07 annual net income per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1452477/000145247722000030/0001452477-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1452477/000145247722000030/sevn-20220727.htm
  HTML page:      https://secwatch.observer/filing/0001452477-22-000030

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