1315_Nareit Testimonials_Lorenzini_2023-06-27_v2
07/12/2023 | by Nareit Staff

Tom Lorenzini, president and CIO of Seven Hills Realty Trust (Nasdaq: SEVN), participated in a video interview at Nareit’s REITweek: 2023 Investor Conference, held in New York June 6-8.

Lorenzini discussed Seven Hills’ investment strategy and the diversification of its portfolio, whether there has been an increase in loans opportunities as lenders have moved to the sidelines, and how it expects it to evolve based on opportunities in the pipeline.

During the interview, Lorenzini noted that:

  • Seven Hills focuses on middle markets, particularly in the $15 million to $75 million lending range. “From a competitive standpoint, we’re well positioned within the middle markets.”
  • Alternative lenders such as Seven Hills “are certainly in a good spot today to pick up market share, and we expect to do so quite a bit in the second half of 2023.”
  • Seven Hills' portfolio will probably round out with more multifamily loans than today, and additional industrial loans. Some of its existing office loans will likely roll off.