Palladius Capital, a real estate developer and sponsor, recently acquired The Lodge, a student housing property near Texas State University in San Marcos. To finance the acquisition, Seven Hills Realty Trust (Nasdaq: SEVN) closed a $31.2 million first mortgage floating rate bridge loan.
The property consists of 258 units and can accommodate up to 696 students. It is strategically located near the university which has an enrollment of over 40,000 students.
The loan has an initial term of three years with options for two one-year extensions if certain requirements are met by the borrower. Walker & Dunlop advised Palladius on this transaction and introduced them to SEVN’s manager Tremont Realty Capital.
In addition to this acquisition, Palladius has invested more than $170 million in residential properties along Interstate 35 between Austin and San Antonio from June 2023 to June 2024.
SEVN is focused on originating and investing in first mortgage loans secured by middle market transitional commercial real estate properties. It is managed by Tremont Realty Capital which is affiliated with The RMR Group (Nasdaq: RMR).
!["Maryland Retail Center Sold for $10M by CRC Brokers" # 2006 AMC 12B Problems/Problem 6. (Redirected from 2006 AMC 12B Problem 6) ## Problem. A circle of radius $r$ is inscribed in a semicircle. The semicircle is then inscribed in a square. What is the ratio of the area of the circle to the area of the square? $text {(A) } frac{pi}{8}qquad text {(B) } frac{pi}{6}qquad text {(C) } frac{pi}{4}qquad text {(D) } frac{pi}{3}qquad text {(E) } frac{pi}{2}$ ## Solution. [asy] unitsize(1cm); defaultpen(0.8); real r=1; pair A=(-1,0), B=(1,0), C=(0,1), D=(0,-1), O=(0,0); draw(A--B--C--cycle); draw(arc(O,r,0,180)); draw(O--(0.707,0.707)); label](https://cremarketbeat.com/wp-content/uploads/2025/01/CRC_Govenors.jpg)
