4 - Sachem Capital Corp. (0001682220) (Issuer)

BRANFORD, Conn., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH), a real estate lender specializing in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property, today announced its financial results for the third quarter ended September 30, 2024. "While origination activity remains muted, we continue to see significant proprietary deal flow, as traditional banks remain on the sidelines," said John Villano, CPA, Sachem Capital's Chief Executive Officer. "During the quarter, we maintained discipline with short-term debt coming due, but executed several strategic initiatives, including diversifying our bus

BRANFORD, Conn., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.05 per share to be paid to shareholders of record as of the close of trading on the NYSE American on November 18, 2024. The dividend is payable on November 26, 2024. Additionally, the Company announced today that it will release the third quarter 2024 financial results before market open on Thursday, November 14, 2024. A webcast and conference call to discuss the results will be held on Thursday, November 14, 2024, at 8:00 a.m. Eastern Time. Webcast:A webcast of the conference call will be available on the Invest

BRANFORD, Conn., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced today it has acquired a 20% membership interest for $5 million in Shem Creek Capital, LLC, the third-party management company of the Shem Creek ("Shem") private credit funds. Sachem also has the option to acquire up to an additional 10% membership interest in Shem, by early 2027, at a set valuation. Shem, established in 2008, is a commercial real estate finance company with a focus on providing debt capital solutions to local and regional commercial real estate owners in the Northeastern United States. Shem invests primarily in first mortgage loans secured by commercial real estate assets, notabl

BRANFORD, Conn., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (the "Company" or "Sachem Capital"), announced today that its Board of Directors (the "Board") has appointed Jeffery C. Walraven to the Board, effective August 21, 2024. Mr. Walraven will also stand for election at the Company's 2024 Annual Meeting of Shareholders. "We are pleased to welcome Jeffery Walraven to our Board," said John L. Villano, CEO and Chairman of the Board of Sachem Capital. "Jeff's deep experience in the real estate industry, especially in public company leadership, accounting and capital markets, will be invaluable to Sachem Capital as we grow our business and pursue value creation for our sharehol

- Company to Host Webcast and Conference Call - BRANFORD, Conn., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH), a real estate lender that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property, today announced its financial results for the second quarter ended June 30, 2024. John Villano, CPA, Sachem Capital's Chief Executive Officer, stated: "During the second quarter, we maintained our disciplined approach across our business by retaining cash, being selective with our lending, and exercising prudence in our borrowing. Specifically, in the second quarter we reduced the total amount

BRANFORD, Conn., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) (the "Company") announced today that the Company will release its second quarter 2024 financial results before market open on Wednesday, August 14, 2024. A webcast and conference call to discuss the results will be held on Wednesday, August 14, 2024, at 8:00 a.m. Eastern Time. Webcast:A webcast of the conference call will be available on the Investors section of the Company's website www.sachemcapitalcorp.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time to register and install any necessary audio software. To Participate in the Telephone Conference

BRANFORD, Conn., July 19, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.08 per share to be paid to shareholders of record as of the close of trading on the NYSE American on July 29, 2024. The dividend is payable on August 6, 2024. About Sachem Capital Corp.Sachem Capital Corp. is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term (i.e., three years or less) secured, nonbanking loans to real estate investors to fund their acquisition, renovation, developm

BRANFORD, Conn., June 27, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) today announced that it is withdrawing its previously announced debt offering. The company had intended to offer USD-denominated unsecured, unsubordinated notes due five years from the date of issuance. The company has concluded that current market conditions regarding pricing were excessive and restrictive and, thus, not in the best interest of the company and its shareholders. John Villano, CEO of Sachem Capital Corp., commented: "We want to assure our shareholders and noteholders that Sachem has ample liquidity through its existing credit facilities and liquid mortgage portfolio to continue to execute o

BRANFORD, Conn., June 24, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced today that the company intends to delist its 7.125% unsecured, unsubordinated Notes due June 30, 2024 ("Notes"), ticker symbol "SCCB", from the NYSE American and to deregister the Notes under the Exchange Act of 1934, as amended. The company will redeem the Notes at par value plus accrued and unpaid interest up to, but not including, the maturity date. Sachem expects the last trading day for the Notes will be June 28, 2024. Sachem does not intend to arrange for listing and/or registration of the Notes on another national securities exchange or for quotation on another quotation medium. TickerC

BRANFORD, Conn., June 17, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) today announced the commencement of a registered public offering of USD-denominated unsecured, unsubordinated Notes due five years from the date of issuance ("Notes"), subject to market conditions. The Notes are anticipated to be rated BBB+ by Egan Jones, Egan-Jones Ratings Company, an independent, unaffiliated rating agency, although this is contingent on prevailing market conditions. Egan-Jones is a Nationally Recognized Statistical Ratings Organization (NRSRO) and is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP). Egan-Jones is also certified b

BRANFORD, Conn., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH), a real estate lender specializing in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property, today announced its financial results for the third quarter ended September 30, 2024. "While origination activity remains muted, we continue to see significant proprietary deal flow, as traditional banks remain on the sidelines," said John Villano, CPA, Sachem Capital's Chief Executive Officer. "During the quarter, we maintained discipline with short-term debt coming due, but executed several strategic initiatives, including diversifying our bus

BRANFORD, Conn., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.05 per share to be paid to shareholders of record as of the close of trading on the NYSE American on November 18, 2024. The dividend is payable on November 26, 2024. Additionally, the Company announced today that it will release the third quarter 2024 financial results before market open on Thursday, November 14, 2024. A webcast and conference call to discuss the results will be held on Thursday, November 14, 2024, at 8:00 a.m. Eastern Time. Webcast:A webcast of the conference call will be available on the Invest

- Company to Host Webcast and Conference Call - BRANFORD, Conn., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH), a real estate lender that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property, today announced its financial results for the second quarter ended June 30, 2024. John Villano, CPA, Sachem Capital's Chief Executive Officer, stated: "During the second quarter, we maintained our disciplined approach across our business by retaining cash, being selective with our lending, and exercising prudence in our borrowing. Specifically, in the second quarter we reduced the total amount

BRANFORD, Conn., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) (the "Company") announced today that the Company will release its second quarter 2024 financial results before market open on Wednesday, August 14, 2024. A webcast and conference call to discuss the results will be held on Wednesday, August 14, 2024, at 8:00 a.m. Eastern Time. Webcast:A webcast of the conference call will be available on the Investors section of the Company's website www.sachemcapitalcorp.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time to register and install any necessary audio software. To Participate in the Telephone Conference

BRANFORD, Conn., July 19, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.08 per share to be paid to shareholders of record as of the close of trading on the NYSE American on July 29, 2024. The dividend is payable on August 6, 2024. About Sachem Capital Corp.Sachem Capital Corp. is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term (i.e., three years or less) secured, nonbanking loans to real estate investors to fund their acquisition, renovation, developm

BRANFORD, Conn., May 10, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced its financial results for the first quarter ended March 31, 2024. The Company will host a conference call on Friday, May 10, 2024 at 8:00 a.m. Eastern Time to discuss its financial and operating results. John Villano, CPA, Sachem Capital's Chief Executive Officer, stated: "In the first quarter, we continued to navigate through an evolving and challenging macro environment marked by uncertainty regarding inflation, and the Federal Reserve's future rate policy. We remain disciplined, and while long-term capital remains relatively unavailable to our borrowers, we are focused on maintaining strong l

BRANFORD, Conn., May 09, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) (the "Company") announced today that the Company will release its first quarter 2024 financial results before market open on Friday, May 10, 2024. A webcast and conference call to discuss the results will be held on Friday, May 10, 2024, at 8:00 a.m. Eastern Time. Webcast:A webcast of the conference call will be available on the Investors section of the Company's website www.sachemcapitalcorp.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time to register and install any necessary audio software. To Participate in the Telephone Conference Call:Dial in

Revenues Increase, While Rising Interest Rates and Commercial Real Estate Values Impact Earnings Company to Host Webcast and Conference Call BRANFORD, Conn., April 01, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced its financial results for the year ended December 31, 2023. The Company will host a conference call on Monday, April 1, 2024 at 8:00 a.m. Eastern Time to discuss its financial and operating results. John Villano, CPA, Sachem Capital's Chief Executive Officer commented, "While we remained disciplined and focused as we grew 2023 revenue nearly 26% over the prior year, we were met with a difficult macroeconomic backdrop including rising interest rates, weakn

BRANFORD, Conn., April 01, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.11 per share to be paid to shareholders of record as of the close of trading on the NYSE American on April 9, 2024. The dividend is payable on April 16, 2024. About Sachem Capital Corp. Sachem Capital Corp. is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term (i.e., three years or less) secured, nonbanking loans to real estate investors to fund their acquisition, renovation, devel

BRANFORD, Conn., March 28, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) (the "Company") announced today that the Company will release its 2023 financial results before market open on Monday, April 1, 2024. A webcast and conference call to discuss the results will be held on Monday, April 1, 2024 at 8:00 a.m. Eastern Time. Webcast:A webcast of the conference call will be available on the Investors section of the Company's website www.sachemcapitalcorp.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and install any necessary audio software. To Participate in the Telephone Conference Call:Dial i

8-K - Sachem Capital Corp. (0001682220) (Filer)

10-Q/A - Sachem Capital Corp. (0001682220) (Filer)

8-K - Sachem Capital Corp. (0001682220) (Filer)

10-Q - Sachem Capital Corp. (0001682220) (Filer)

8-K - Sachem Capital Corp. (0001682220) (Filer)

8-K - Sachem Capital Corp. (0001682220) (Filer)

8-K - Sachem Capital Corp. (0001682220) (Filer)

8-K - Sachem Capital Corp. (0001682220) (Filer)

DEF 14A - Sachem Capital Corp. (0001682220) (Filer)

DEFA14A - Sachem Capital Corp. (0001682220) (Filer)

The company had intended to offer USD-denominated unsecured, unsubordinated notes due five years from the date of issuance. 

John Villano, who previously served as both Chief Executive Officer and interim Chief Financial Officer, will continue to serve as the Company's Chief Executive Officer.

Oppenheimer analyst Tyler Batory maintains Sachem Cap (AMEX:SACH) with a Outperform and lowers the price target from $5 to $4.5.

Sachem Cap (AMEX:SACH) reported quarterly earnings of $0.08 per share which missed the analyst consensus estimate of $0.10 by 20 percent. This is a 20 percent decrease over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $17.200 million which missed the analyst consensus estimate of $17.375 million by 1.01 percent. This is a 16.94 percent increase over sales of $14.708 million the same period last year.

Sachem Cap (AMEX:SACH) reported quarterly losses of $(0.05) per share which missed the analyst consensus estimate of $0.11 by 145.45 percent. This is a 145.45 percent decrease over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $16.91 million which beat the analyst consensus estimate of $16.58 million by 1.98 percent. This is a 6.44 percent increase over sales of $15.89 million the same period last year.

Companies Reporting Before The Bell • Mach Natural Resources (NYSE:MNR) is projected to report quarterly earnings at $0.92 per share on revenue of $213.43 million. • Sharps Technology (NASDAQ:STSS) is expected to report earnings for its fourth quarter. • Sachem Cap (AMEX:SACH) is projected to report quarterly earnings at $0.11 per share on revenue of $16.58 million. • Enservco (AMEX:ENSV) is projected to report quarterly loss at $0.05 per share on revenue of $6.60 million. • NexGel (NASDAQ:NXGL) is likely to report quarterly loss at $0.11 per share on revenue of $1.38 million. • Milestone Scientific (AMEX:MLSS) is likely to report earnings for its fourth quarter. • SPAR Group (NASDAQ:

Alliance Global Partners analyst Gaurav Mehta initiates coverage on Sachem Cap (AMEX:SACH) with a Buy rating and announces Price Target of $4.5.

By the close of today, January 10, 2024, Sachem Cap (AMEX:SACH) will issue a dividend payout of $0.11 per share, resulting in an annualized dividend yield of 11.40%. Only those investors who owned the stock prior to the ex-dividend date on December 28, 2023 will receive this payout. Sachem Cap Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left; } tr:nth

BRANFORD, Conn., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (the "Company" or "Sachem Capital"), announced today that its Board of Directors (the "Board") has appointed Jeffery C. Walraven to the Board, effective August 21, 2024. Mr. Walraven will also stand for election at the Company's 2024 Annual Meeting of Shareholders. "We are pleased to welcome Jeffery Walraven to our Board," said John L. Villano, CEO and Chairman of the Board of Sachem Capital. "Jeff's deep experience in the real estate industry, especially in public company leadership, accounting and capital markets, will be invaluable to Sachem Capital as we grow our business and pursue value creation for our sharehol

BRANFORD, Conn., June 06, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) today announced the appointment of Nicholas M. Marcello, as its interim Chief Financial Officer, effective immediately. John Villano, CPA, who previously served as both Chief Executive Officer and interim Chief Financial Officer, will continue to serve as the Company's Chief Executive Officer. Mr. Marcello has held various roles at the Company, including his most recent position as Vice President of Finance & Operations. Mr. Marcello's responsibilities will continue to include overseeing the Company's financial and capital markets activities, portfolio management and investment, foreclosures, workouts, leg

BRANFORD, Conn., July 27, 2022 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced today the appointment of John E. Warch, CPA, as the Company's new Executive Vice President and Chief Financial Officer, effective August 1, 2022. John Villano, CPA, who previously served as both Chief Executive Officer and Chief Financial Officer, will continue to serve as the Company's Chief Executive Officer. Mr. Warch is a seasoned industry executive, with over 40 years of corporate finance and accounting experience. Prior to joining Sachem, from 2013-2022, Mr. Warch served as Chief Financial Officer, Senior Vice President and Treasurer at Four Springs Capital Trust, a privately held real esta

The Company encourages all shareholders who have not yet voted on Proposal 2 to do so by 11:59 PM EST on November 23, 2021 Shareholders may vote their shares by calling InvestorCom at (877) 972-0090 BRANFORD, Conn., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) today announced that its 2021 Annual Meeting of Shareholders ("Annual Meeting"), with respect to Proposal 2, was reconvened on November 3, 2021 and adjourned and rescheduled for Wednesday, November 24, 2021 at 10:00 a.m., Eastern Standard Time. The Company adjourned the Annual Meeting, held on October 13, 2021, to November 3, 2021, with respect to Proposal 2 to give itself additional time to solicit pro

Vote on Proposal to Increase Authorized Capital Adjourned and Rescheduled for November 3, 2021 The Company encourages all shareholders who have not yet voted on Proposal 2 to do so by 11:59 PM EDT on November 2, 2021 Shareholders may vote their shares by calling InvestorCom at (877) 972-0090 BRANFORD, Conn., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) today announced that its 2021 Annual Meeting of Shareholders (the "Annual Meeting"), scheduled for Wednesday, October 13, 2021 at 10:00 a.m. Eastern Daylight Saving Time, was convened on Proposals 1 (election of directors), 3 (advisory approval of the appointment of auditors) and 4 (advisory approval of executive com

BRANFORD, Conn., May 10, 2021 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced today that William C. Haydon has been appointed Chief Investment Officer and Director of Investor Relations earlier this month. In this new role, Mr. Haydon is responsible for managing the company's liquid reserves and securities portfolio, as well as Sachem's underwriting team. In addition, Mr. Haydon will oversee the company's investor relations activities. Mr. Haydon is a senior finance and capital markets executive with over 25 years of experience in financial services and investment banking. Prior to joining Sachem Capital Corp. in 2021, he served as a Portfolio Manager and Branch Manager at