Seven Hills Realty Trust Elects Ann Danner to Board of Trustees
12 Dezembro 2024 - 10:00AM
Business Wire
Expanded Seven Member Board Includes 71%
Independent Trustees
Seven Hills Realty Trust (Nasdaq: SEVN) today announced that it
has elected Ann M. Danner to the Company’s Board of Trustees as an
Independent Trustee, effective immediately. With the addition of
Ms. Danner, SEVN now has a seven member board comprised of 71%
independent trustees.
Ms. Danner has served as the Founder and Managing Member of RHA
Advisors LLC, a construction development and management
consultancy, since 2018. Previously, she was Chief Executive
Officer of Residential Homes of America, Inc. (RHA), a company that
was engaged in the full-cycle development and operation of
multifamily apartment projects and for sale housing, which she
founded in 1986. Prior to RHA, she was Vice President and Director,
Acquisitions and Sales at American United, Inc. Ms. Danner
currently serves on the Professional Advisory Board of ALSAC, as
Director Emeritus of ALSAC/St. Jude Children’s Research Hospital,
on the Advisory Board of Directors of First Women’s Bank and as an
Independent Advisory Director of Sordoni Construction Services,
Inc.
Adam Portnoy, SEVN’s Chair of the Board of Trustees, made the
following statement on today’s announcement:
“We welcome Ann as a new Independent Trustee to our Board and
believe her more than 40 years of real estate industry experience
and her strong background in residential and multifamily
development, investment, and operations will be a significant asset
to our board. We look forward to benefitting from her insight and
expertise as we continue our work to create value for SEVN’s
shareholders.”
Korn Ferry assisted SEVN’s Nominating and Governance Committee
in placing Ann Danner on SEVN’s Board of Trustees.
About Seven Hills Realty Trust
Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate finance
company focused on originating and investing 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 nearly $41 billion in assets under management and more
than 35 years of institutional experience in buying, selling,
financing and operating commercial real estate. For more
information about SEVN, please visit www.sevnreit.com.
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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version on businesswire.com: https://www.businesswire.com/news/home/20241211543466/en/
Timothy Bonang, Senior Vice President (617) 231-3223
www.sevnreit.com
Seven Hills Realty (NASDAQ:SEVN)
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