Seven Hills Realty Trust Appoints Jared Lewis as Vice President

Rhea-AI Summary

Seven Hills Realty Trust (Nasdaq: SEVN) announced the appointment of Jared Lewis as Vice President. Mr. Lewis also serves as a Vice President at The RMR Group (Nasdaq: RMR) and Tremont Realty Capital. With a career spanning since 2002, Lewis has been instrumental in structuring over $3.4 billion in debt and equity investments. At The RMR Group, he leads a team focused on screening, sizing, and underwriting new commercial real estate mortgage loans.

Positive

• Appointment of Jared Lewis, who has extensive experience and a successful track record in structuring over $3.4 billion in debt and equity investments.
• Jared Lewis's role at The RMR Group, a company with a significant presence in the real estate sector, suggests a strong strategic partnership.

Negative

• The press release lacks immediate financial data or forecasts, providing no clear short-term impact on SEVN's stock performance.
• No specific details on new strategies or projects Jared Lewis will undertake in his role at Seven Hills Realty Trust.

NEWTON, Mass.--(BUSINESS WIRE)-- Seven Hills Realty Trust (Nasdaq: SEVN) today announced that Jared Lewis has been appointed as Vice President.

Mr. Lewis is a Vice President of The RMR Group (Nasdaq: RMR) where he leads a team in screening, sizing and underwriting new commercial real estate mortgage loans. He is also a Vice President of Tremont Realty Capital. Mr. Lewis joined Tremont’s predecessor business in 2002, and throughout his career has been involved in the structuring of over $3.4 billion worth of debt and equity investments.

About Seven Hills Realty Trust

Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate finance company focused on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about SEVN, please visit www.sevnreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240602937266/en/

Stephen Colbert, Director, Investor Relations

(617) 231-3223

Source: Seven Hills Realty Trust

FAQ

Who has been appointed as Vice President of Seven Hills Realty Trust?

Jared Lewis has been appointed as Vice President of Seven Hills Realty Trust.

What is the stock symbol for Seven Hills Realty Trust?

The stock symbol for Seven Hills Realty Trust is SEVN.

What experience does Jared Lewis bring to Seven Hills Realty Trust?

Jared Lewis has been involved in structuring over $3.4 billion worth of debt and equity investments throughout his career.

How might Jared Lewis's appointment affect SEVN’s stock?

While Jared Lewis's extensive experience is a positive, the press release does not provide specific short-term financial impacts on SEVN's stock.

What other positions does Jared Lewis hold?

Jared Lewis is also a Vice President at The RMR Group and Tremont Realty Capital.