Seven Hills Realty Trust Elects Ann Danner to Board of Trustees
Seven Hills Realty Trust (SEVN) has elected Ann M. Danner as an Independent Trustee to its Board of Trustees, effective immediately. This appointment expands the board to seven members, with 71% being independent trustees. Danner, who founded RHA Advisors in 2018, brings over 40 years of real estate industry experience, particularly in residential and multifamily development. She previously served as CEO of Residential Homes of America, Inc., which she founded in 1986. The appointment aims to leverage her expertise in creating value for SEVN's shareholders. Korn Ferry assisted in the trustee placement process.
Seven Hills Realty Trust (SEVN) ha eletto Ann M. Danner come Trustee Indipendente nel suo Consiglio di Amministrazione, con effetto immediato. Questa nomina porta il numero dei membri del consiglio a sette, con il 71% dei membri che sono trustee indipendenti. Danner, fondatrice di RHA Advisors nel 2018, porta con sé oltre 40 anni di esperienza nell'industria immobiliare, in particolare nello sviluppo residenziale e multifamiliare. In precedenza ha ricoperto il ruolo di CEO di Residential Homes of America, Inc., da lei fondata nel 1986. L'obiettivo della nomina è sfruttare la sua esperienza per creare valore per gli azionisti di SEVN. Korn Ferry ha assistito nel processo di collocamento dei trustee.
Seven Hills Realty Trust (SEVN) ha elegido a Ann M. Danner como Trustee Independiente para su Junta de Fideicomisarios, con efecto inmediato. Esta designación amplía la junta a siete miembros, con el 71% siendo fideicomisarios independientes. Danner, quien fundó RHA Advisors en 2018, aporta más de 40 años de experiencia en la industria inmobiliaria, particularmente en desarrollo residencial y multifamiliar. Anteriormente, se desempeñó como CEO de Residential Homes of America, Inc., que fundó en 1986. El objetivo de la designación es aprovechar su experiencia para crear valor para los accionistas de SEVN. Korn Ferry asistió en el proceso de colocación de fideicomisarios.
세븐 힐스 리얼티 트러스트 (SEVN)는 즉시 발효되는 독립 트러스티로 Ann M. Danner를 이사로 선출했습니다. 이 임명으로 이사회는 7명의 구성원이 되었으며, 71%가 독립 트러스티입니다. Danner는 2018년에 RHA Advisors를 설립했으며, 주거 및 다세대 개발 분야에서 40년 이상의 부동산 산업 경험을 가지고 있습니다. 그녀는 1986년에 설립한 Residential Homes of America, Inc.의 CEO로도 재직했습니다. 이 임명의 목적은 SEVN 주주를 위해 가치를 창출하는 그녀의 전문성을 활용하는 것입니다. Korn Ferry는 트러스티 배치 과정에서 도움을 주었습니다.
Seven Hills Realty Trust (SEVN) a élu Ann M. Danner comme Administrateur Indépendant de son Conseil d'Administration, avec effet immédiat. Cette nomination élargit le conseil à sept membres, avec 71% d'administrateurs indépendants. Danner, qui a fondé RHA Advisors en 2018, apporte plus de 40 ans d'expérience dans l'industrie immobilière, notamment dans le développement résidentiel et multifamilial. Elle a précédemment été PDG de Residential Homes of America, Inc., qu'elle a fondée en 1986. Le but de cette nomination est de tirer parti de son expertise pour créer de la valeur pour les actionnaires de SEVN. Korn Ferry a assisté dans le processus de placement des administrateurs.
Seven Hills Realty Trust (SEVN) hat Ann M. Danner zum unabhängigen Treuhänder in seinen Treuhänder-Board gewählt, mit sofortiger Wirkung. Diese Ernennung erweitert das Board auf sieben Mitglieder, wobei 71% unabhängige Treuhänder sind. Danner, die 2018 RHA Advisors gegründet hat, bringt über 40 Jahre Erfahrung in der Immobilienbranche mit, insbesondere in der Wohn- und Mehrfamilienentwicklung. Zuvor war sie CEO von Residential Homes of America, Inc., das sie 1986 gegründet hat. Die Ernennung zielt darauf ab, ihre Expertise zur Schaffung von Werten für die Aktionäre von SEVN zu nutzen. Korn Ferry unterstützte den Prozess der Treuhänderplatzierung.
- Board independence increased to 71%
- Addition of trustee with 40+ years of real estate industry experience
- Enhanced expertise in residential and multifamily development sectors
- None.
Expanded Seven Member Board Includes
Ms. Danner has served as the Founder and Managing Member of RHA Advisors LLC, a construction development and management consultancy, since 2018. Previously, she was Chief Executive Officer of Residential Homes of America, Inc. (RHA), a company that was engaged in the full-cycle development and operation of multifamily apartment projects and for sale housing, which she founded in 1986. Prior to RHA, she was Vice President and Director, Acquisitions and Sales at American United, Inc. Ms. Danner currently serves on the Professional Advisory Board of ALSAC, as Director Emeritus of ALSAC/St. Jude Children’s Research Hospital, on the Advisory Board of Directors of First Women’s Bank and as an Independent Advisory Director of Sordoni Construction Services, Inc.
Adam Portnoy, SEVN’s Chair of the Board of Trustees, made the following statement on today’s announcement:
“We welcome Ann as a new Independent Trustee to our Board and believe her more than 40 years of real estate industry experience and her strong background in residential and multifamily development, investment, and operations will be a significant asset to our board. We look forward to benefitting from her insight and expertise as we continue our work to create value for SEVN’s shareholders.”
Korn Ferry assisted SEVN’s Nominating and Governance Committee in placing Ann Danner on SEVN’s Board of Trustees.
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 transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), a leading
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/20241211543466/en/
Timothy Bonang, Senior Vice President
(617) 231-3223
www.sevnreit.com
Source: Seven Hills Realty Trust
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