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Atlanta & Southeast  + Carolinas  + Industrial  | 
Seven Hills Realty Trust has closed a $27.5 million first mortgage floating rate bridge loan for the acquisition of Woodfield Commerce Center

Seven Hills Realty Trust Closes $27.5M Loan to Acquire SC Industrial

Seven Hills Realty Trust has closed a $27.5 million first mortgage floating rate bridge loan for the acquisition of Woodfield Commerce Center. The 320,000-square-foot industrial warehouse is located at 200 International Boulevard in Fountain Inn, SC.

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, subject to the borrower meeting certain requirements. 

SEVN’s manager, Tremont Realty Capital, was introduced to the transaction by Medalist Capital, which advised the sponsor Lightstone Group, a repeat borrower of SEVN.

“The closing of this $27.5 million loan reflects the continued diversification of SEVN’s investment portfolio and exemplifies our focus on lending on high quality real estate supported by well-capitalized sponsors,” said SEVN President and Chief Investment Officer Tom Lorenzini.  

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Seven Hills Realty TrustTremont Realty CapitalMedalist CapitalLightstone Group

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

  • ◦Sale/Acquisition
  • ◦Financing
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