Seven Hills Realty Trust (SEVN) closed a $30.5 million first‑mortgage loan to refinance Glenridge Medical Center, a 95 % leased medical office property in Atlanta’s Pill Hill district. The loan carries a three‑year initial term with two one‑year extension options that are contingent on borrower performance, and the property’s weighted‑average remaining lease term is approximately seven years.
The loan was originated by Tremont Realty Capital and sourced by JLL on behalf of sponsor EBS Properties Investments, LLC. It is part of SEVN’s strategy to add stable, long‑term income to its middle‑market transitional commercial real‑estate portfolio through high‑quality floating‑rate first‑mortgage loans in established markets.
Glenridge Medical Center’s location in Atlanta’s well‑established medical corridor, combined with its high occupancy and long lease terms, supports a strong risk‑adjusted return. This aligns with SEVN’s focus on durable healthcare demand and high‑quality assets that provide predictable cash flows.
As of September 30, 2025, SEVN’s portfolio comprised 22 loans totaling $641.9 million, with a mix of property types and a focus on floating‑rate loans that benefit from rising rates but face margin compression if rates fall. The refinancing adds to SEVN’s stable income stream and positions the company for its upcoming earnings call on February 19, 2026.
The transaction demonstrates SEVN’s continued commitment to sourcing high‑quality, floating‑rate first‑mortgage loans in the medical office sector, reinforcing its strategy to capture durable healthcare demand in established corridors while managing risk through long lease terms and high occupancy.
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