Seven Hills Realty Trust Closes $34.5 Million Mortgage Loan to Refinance a Mixed-Use Property on Manhattan’s Upper West Side

(NASDAQ:SEVN) NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $34.5 million floating rate first mortgage loan to refinance 2875 Broadway, a 23,300 square foot mixed-use retail and medical office property located on Manhattan’s Upper West Side. The loan has a two-year initial term with three one-year extension options, subject to the borrower satisfying certain conditions. SEVN’s manager, Tremont Realty Capital, was introduced to the transaction by Meri