Highest-materiality recent filing
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 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.
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 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 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 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 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 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.
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 withdraws public debt offering due to unfavorable market conditions
Withdrew previously announced public debt offering of unsecured notes due 2029.
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.
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.
Max materiality 1.00 · Median 0.55 · Most common event dividend