---
schema_version: "secwatch.filing_event.v1"
accession: "0001682220-26-000018"
form_type: "8-K"
ticker: "SACH"
cik: "0001682220"
company_name: "Sachem Capital Corp."
filed_at: "2026-03-18T23:59:59+00:00"
generated_at: "2026-05-15T09:54:23.414346+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sachem Capital swings to FY2025 net income of $1.8M vs FY2024 loss of $43.9M

## Summary
- Net income attributable to common shareholders of $1.8M ($0.04/share) vs net loss of $43.9M ($(0.93)/share) in 2024.
- Net interest income fell to $11.7M from $20.5M; net interest margin compressed to 3.1% from 4.4%.
- Issued $100M Senior Secured Notes due 2030 at 9.875%; reduced near-term refinancing concentration.
- Sale of Westport, CT property generated $19.9M net proceeds and $4.0M book gain.
- Book value per common share declined to $2.46 from $2.64; total assets $460M vs $492M.

## SEC filing metadata
- accession: 0001682220-26-000018
- form_type: 8-K
- ticker: SACH
- cik: 0001682220
- company_name: Sachem Capital Corp.
- filed_at: 2026-03-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682220/000168222026000018/0001682220-26-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682220/000168222026000018/sach-20260312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001682220-26-000018
- JSON: https://secwatch.observer/filing/0001682220-26-000018.json
- Plain text: https://secwatch.observer/filing/0001682220-26-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.