Seven Hills Realty Trust Closes $45.0 Million Bridge Loan to Finance the Acquisition of a Hotel in Boston, Massachusetts
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Seven Hills Realty Trust has closed a $45 million bridge loan to finance the acquisition of Club Quarters Hotel in Boston, Massachusetts.
December 17, 2024 | 11:00 pm
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Seven Hills Realty Trust has successfully closed a $45 million bridge loan to finance the acquisition of a hotel in Boston, indicating a strategic expansion in their real estate portfolio.
The successful closing of a $45 million loan for a hotel acquisition suggests a positive strategic move for SEVN, likely enhancing their asset base and revenue potential. This could lead to a positive short-term impact on SEVN's stock price.
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