Seven Hills Realty Trust (Nasdaq: SEVN) today announced that the Company’s Board of Trustees has elected Mark A. Talley as an Independent Trustee, effective immediately. Mr. Talley was elected to fill the vacancy created by the resignation of Jeffrey P. Somers and to serve the remainder of Mr. Somers’ term as an Independent Trustee.
Mr. Talley founded Griswold Realty Advisors, LLC in 2012. He was also a Principal and one of the founding partners of Greenwood Commercial Real Estate from 2021 to 2023, where he provided acquisition, disposition and leasing services for clients. Earlier in his career, Mr. Talley served as Vice President at Grubb & Ellis and held client relationship roles at Jones Lang LaSalle (including its predecessor, LaSalle Partners).
Adam Portnoy, Chair of the Company’s Board of Trustees, made the following statement on today’s announcement:
“We thank Jeff Somers for his service to SEVN and are pleased to welcome Mark to our Board as an Independent Trustee. We believe his extensive experience in commercial real estate and advisory services will be a valuable asset to our Board and look forward to his contributions.”
Also at the Company’s 2026 annual meeting of shareholders held on June 9, 2026, shareholders re-elected Ann M. Danner and William A. Lamkin as Independent Trustees and Matthew P. Jordan as a Managing Trustee, each to serve a three-year term. SEVN has a seven member board comprised of 71% independent trustees.
About Seven Hills Realty Trust
Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate investment trust that originates and invests 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 U.S. alternative asset management company with over $37 billion in assets under management and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about SEVN, please visit www.sevnreit.com.
WARNING CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These statements may include words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “will,” “may” and negatives or derivatives of these or similar expressions. Forward-looking statements reflect SEVN’s current expectations, are based on judgments and assumptions, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause SEVN’s actual results, performance or achievements to differ materially from expected future results, performance or achievements expressed or implied in those forward-looking statements. These risks, uncertainties and other factors are not exhaustive and should be read in conjunction with other cautionary statements that are included in SEVN’s periodic filings with the Securities and Exchange Commission, or SEC. The information contained in SEVN’s filings with the SEC, including under the caption “Risk Factors” in its periodic reports, or incorporated therein, identifies important factors that could cause SEVN’s actual results to differ materially from those stated in or implied by SEVN’s forward-looking statements. SEVN’s filings with the SEC are available on the SEC’s website at www.sec.gov. You should not place undue reliance upon forward-looking statements. Except as required by law, SEVN does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.
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.
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