M&A
confidence high
sentiment positive
materiality 0.65
Sachem Capital acquires 20% stake in Shem Creek Capital for $5M with option for additional 10%
Sachem Capital Corp.
- Acquired 20% membership interest in Shem Creek Capital, LLC (manager of Shem private credit funds) for $5M.
- Option to acquire up to additional 10% interest by early 2027 at a set valuation.
- Shem focuses on first mortgage loans on commercial real estate in Northeast US, including value-add multifamily and workforce housing.
- Sachem previously invested ~$47M with Shem, generating double-digit returns with no losses to date.
- CEO says investment diversifies business model and expands into asset management.