secwatch.observer — SEC 8-K summary
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Issuer:     Seven Hills Realty Trust (SEVN)
CIK:        0001452477
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001452477-23-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SEVN Q4 2022 net income $0.46/share, up 31% sequentially; distribution raised 40% to $0.35
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- Net income of $6.8M ($0.46 per share), up 31% from Q3; adjusted distributable earnings $0.37 per share, up 37%.
- Quarterly distribution increased 40% to $0.35 per share; payable Feb 16, 2023 to holders of record Jan 23, 2023.
- Loan commitments $727.6M across 27 loans; weighted average coupon 8.07%, all-in yield 8.57%; LTV 68%.
- Originated $24.4M industrial loan in Fontana, CA; received $53.7M in repayments including two early payoffs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1452477/000145247723000009/0001452477-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1452477/000145247723000009/sevn-20230213.htm
  HTML page:      https://secwatch.observer/filing/0001452477-23-000009

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