Seven Hills Realty Trust (NASDAQ:SEVN) has closed a $27.5 million first mortgage floating rate bridge loan to finance the acquisition of Woodfield Commerce Center, an industrial warehouse building in South Carolina. An initial advance of $24.3 million was funded at closing with future advances of up to $3.2 million available for capital expenditures. The loan is structured with a two-year initial term with a one-year extension option. The transaction was advised by Medalist Capital and the sponsor is Lightstone Group, a repeat borrower of SEVN.