Highest-materiality recent filing
Sachem Capital reports Q2 net loss of $6.5M; provides IRG transaction update
Net loss attributable to common shareholders of $6.5M ($0.14 per share) vs net income of $0.8M ($0.02) in Q2 2025.
Sachem Capital declares $0.01 quarterly common dividend and $0.484375 preferred dividend
Quarterly common dividend of $0.01 per share, payable June 30 to holders of record June 15.
Sachem Capital Q1 net loss $7.2M ($0.15/sh); IRG deal to form $3.4B industrial REIT
Net loss attributable to common shareholders was $7.2M, or $0.15 per share, vs. net loss of $0.2M in Q1 2025.
Sachem Capital to acquire IRG Global portfolio (~$2.9B); IRG gets 94% OP units and 51% voting power
IRG Global contributes 100% of IRG Master Holdings (industrial real estate) for OP Units and Class B shares; gross assets ~$2.9B, net ~$1.5B after ~$1.4B debt.
Sachem Capital swings to FY2025 net income of $1.8M vs FY2024 loss of $43.9M
Net income attributable to common shareholders of $1.8M ($0.04/share) vs net loss of $43.9M ($(0.93)/share) in 2024.
Sachem Capital declares $0.05 common and $0.484375 preferred quarterly dividends
Quarterly common dividend $0.05 per share, payable March 30, 2026 to holders of record March 15, 2026.
Sachem Capital expects 2025 EPS of $0.01-$0.04 vs loss of $0.93; extends credit facility
Preliminary 2025 net income per common share expected $0.01-$0.04, vs net loss of $0.93 in 2024.
Amendment No. 2 extends maturity of $50M revolving credit facility from March 2, 2026 to March 2, 2028.
Sachem Capital declares $0.05 common and $0.484375 preferred quarterly dividends
Common dividend of $0.05 per share payable Dec 30, 2025 to holders of record Dec 15.
Sachem Capital files to sell up to $18.45M of Series A Preferred Stock via ATM
Entered ATM Sales Agreement with Ladenburg Thalmann and Lucid Capital Markets to sell up to $18.45M of 7.75% Series A Cumulative Redeemable Preferred Stock.
Sachem Capital Q3 2025 net loss narrows to $0.1M; revenue down 19% YoY
Revenue $12.0M, down 19% from $14.8M in Q3 2024.
Jeffery C. Walraven promoted to EVP and CFO, effective Sept 1, 2025; resigns from board.
Sachem Capital Q2 2025 revenue down 28% to $10.8M; net income of $0.8M vs loss year ago
Total revenue $10.8M vs $15.1M in Q2 2024; net income attributable to common shareholders $0.8M ($0.02/sh) vs loss of $4.1M (-$0.09/sh) prior year.
Sachem Capital elects directors, approves 2025 incentive plan at annual meeting
All five incumbent directors elected with FOR votes ranging from 13.5M to 14.3M.
Sachem Capital closes $100M senior secured notes at 9.875% due 2030
$100M aggregate principal, initial draw $50M; remaining $50M must be drawn by May 15, 2026.
Sachem Capital declares $0.05 common dividend, $0.484375 preferred dividend
Common dividend $0.05 per share payable June 30, 2025; record date June 16, 2025.
Sachem Capital Q1 revenue down 32% YoY to $11.4M; net loss $213k vs prior-year profit
Revenue $11.4M vs $16.8M in Q1 2024; net loss to common $213k ($0.00 EPS) vs income $3.6M ($0.08).
Sachem Capital reports FY2024 net loss of $43.9M ($0.93/sh); revenue down 11% to $57.5M
Net loss attributable to common shareholders $43.9M ($0.93 per share) vs prior year net income of $12.1M ($0.27).
Sachem Capital declares $0.05 quarterly dividend, sets Q4 2024 earnings call
Quarterly dividend of $0.05 per common share payable March 31, 2025 to holders of record March 17, 2025.
Sachem Capital declares $0.484375 quarterly dividend on Series A Preferred
Dividend of $0.484375 per share on 7.75% Series A Cumulative Redeemable Preferred Stock declared.
Sachem Capital CFO Nicholas Marcello resigns; board member Walraven appointed interim CFO
CFO Nicholas Marcello resigned Dec 10, effective Dec 31; no disagreement over accounting or financial reporting.
Sachem Capital declares $0.484375/shr Series A Preferred dividend payable Dec 30
Dividend of $0.484375 per share on 7.75% Series A Cumulative Redeemable Preferred Stock declared December 2, 2024.
Sachem Capital terminates Hoberman & Lesser, appoints Baker Tilly as new auditor
Terminated Hoberman & Lesser as independent auditor effective Nov 18, 2024; engaged Baker Tilly US, LLP.
Sachem Capital Q3 revenue $14.8M, net loss $0.13/share; provision for credit losses $8.1M
Total revenue $14.8M, down 17% from $17.8M in Q3 2023.
Sachem Capital authorizes up to $5.8M common stock repurchase plan
Board adopted new repurchase plan for up to $5,802,959.45 of common shares, effective Oct 23, 2024, replacing prior plan.
Sachem Capital shareholders re-elect all five incumbent directors at 2024 annual meeting
Directors elected: John L. Villano, Leslie Bernhard, Arthur L. Goldberg, Brian A. Prinz, Jeffery C. Walraven.
Sachem Capital acquires 20% stake in Shem Creek Capital for $5M with option for additional 10%
Acquired 20% membership interest in Shem Creek Capital, LLC (manager of Shem private credit funds) for $5M.
Sachem Capital declares Series A preferred dividend and approves CFO compensation package
CFO Nicholas Marcello: base salary $300k, one-time $20k payment, annual equity award $125k in restricted shares starting Jan 2025.
Appointed Jeffery C. Walraven as independent director effective Aug 21, 2024; will stand for election at 2024 Annual Meeting.
Net loss attributable to common shares of $4.1M ($0.09 loss per share) vs net income of $4.8M ($0.11) in Q2 2023.
Sachem Capital promotes Nicholas M. Marcello to CFO effective August 8, 2024
Nicholas M. Marcello promoted from Interim CFO to Chief Financial Officer on August 8, 2024.
Sachem Capital declares $0.08 quarterly dividend payable August 6, 2024
Dividend of $0.08 per share declared by board of directors.
Sachem Capital withdraws public debt offering due to unfavorable market conditions
Withdrew previously announced public debt offering of unsecured notes due 2029.
Sachem Capital appoints Nicholas M. Marcello as Interim CFO
Nicholas M. Marcello appointed Interim CFO effective June 5, 2024, replacing John L. Villano.
Sachem Capital declares $0.484375 quarterly dividend on Series A Preferred
Dividend of $0.484375 per share on 7.75% Series A Cumulative Redeemable Preferred Stock declared June 3, 2024.
Revenue $17.2M (+17% YoY); interest income $12.6M vs $11.0M.
Total revenue $65.6M (+25.5% YoY); interest income $49.3M vs $42.6M.
Sachem Capital declares $0.484375 Series A preferred dividend; record March 15, pay March 30
Dividend of $0.484375 per share on 7.75% Series A Cumulative Redeemable Preferred Stock.
Sachem Capital declares $0.484375/shr preferred stock dividend payable Dec 30
Board declared $0.484375 per share on 7.75% Series A Cumulative Redeemable Preferred Stock.
Sachem Capital declares $0.11 quarterly dividend payable Nov 7, 2023
Quarterly dividend of $0.11 per common share declared by board.
Sachem Capital shareholders re-elect four directors, ratify Hoberman & Lesser as auditors
John L. Villano re-elected with 12,765,056 votes for; 806,227 withheld; 16,142,971 broker non-votes.
Sachem Capital declares $0.484375 Series A Preferred dividend payable Sept 30
Dividend of $0.484375 per share on 7.75% Series A Cumulative Redeemable Preferred Stock (SACHPRA).
Sachem Capital Q2 revenue up 31.2% to $16.5M; EPS $0.11 vs $0.12 YoY
Total revenue $16.5M, +31.2% YoY; net income $4.8M, EPS $0.11 (vs $0.12).
Sachem Capital declares $0.13 quarterly dividend payable Aug 11, 2023
Dividend of $0.13 per share declared by board of directors.
Sachem Capital declares $0.484375/share quarterly dividend on Series A Preferred
Dividend of $0.484375 per share on 7.75% Series A Cumulative Redeemable Preferred Stock declared.
Sachem Capital Q1 revenue up 42.8% to $14.7M; net income $4.2M, EPS $0.10 flat YoY
Total revenue $14.7M vs $10.3M YoY (+42.8%), driven by lending growth; interest income $11.0M.
Sachem Capital Q1 rev up 43% to $14.7M; CFO departs, CEO takes interim role
Preliminary Q1 revenue $14.7M (+43% YoY); net income $5.1M (+18% YoY); EPS $0.10 flat.
Sachem Capital declares $0.13 quarterly dividend payable April 24
Quarterly dividend of $0.13 per share declared by board of directors.
Sachem Capital reports record 2022 revenue $52.3M, EPS $0.46 up from $0.44
Revenue $52.3M (+71.8% YoY); net income attributable to common $17.2M (+50.2% YoY).
Sachem Capital enters $45M revolving credit facility with Needham Bank, refinances mortgage
Entered $45M revolving credit facility with Needham Bank, expandable to $75M, secured by substantially all assets.
On August 21, 2024, the Board appointed Jeffery C. Walraven to the Board with a term expiring at the 2024 Annual Meeting.
On August 8, 2024, the Company promoted Nicholas M. Marcello to the position of Chief Financial Officer.
On June 5, 2024, the Company appointed Nicholas M. Marcello as its Interim Chief Financial Officer, replacing John L. Villano in that position.
On June 5, 2024, the Company appointed Nicholas M. Marcello as its Interim Chief Financial Officer, replacing John L. Villano in that position.
On May 8, 2023, Sachem Capital Corp. (the “Company”) announced the departure of John E. Warch, its Chief Financial Officer effective as of May 4, 2023.
The Board of Directors of the Company appointed John L. Villano, CPA, the company’s Chief Executive Officer, as interim Chief Financial Officer until the Company hires a new chief financial officer to replace Mr. Warch.
On January 10, 2023, William C. Haydon, resigned from his position as the Chief Investment Officer, Chief Credit Officer and Director Investor Relations of Sachem Capital Corp.
Effective on August 1, 2022, the Company appointed John E. Warch as the Company’s Executive Vice President and Chief Financial Officer.
Mr. Warch is replacing John L. Villano as the Company’s Chief Financial Officer.
On January 5, 2022, Peter J. Cuozzo, Executive Vice President and Chief Operating Officer of Sachem Capital Corp. (the “Company”), informed the Company of his decision to retire from all of his positions with the Company effective January 14, 2022.
Max materiality 1.00 · Median 0.53 · Most common event dividend