Seven Hills Realty Trust has successfully closed a $28 million first mortgage floating rate bridge loan to refinance the Rise at Loop 410, a newly developed 360,000 square foot industrial warehouse distribution center in San Antonio, Texas. The loan features a three-year initial term with the possibility of two one-year extensions, contingent on the borrower meeting specific conditions. Tom Lorenzini, President and Chief Investment Officer of SEVN, highlighted the strategic nature of the investment, emphasizing the property's advantageous location in San Antonio's Northeast submarket, which offers direct access to transportation corridors and a skilled workforce. This transaction aligns with SEVN's strategy of enhancing its portfolio through risk-adjusted opportunities that foster long-term value. The deal was facilitated by Tremont Realty Capital and advised by Cushman & Wakefield on behalf of Grandview Partners.