Sachem Capital Corp.

Sachem Capital Corp. (NASDAQ: SACH) operates as a Connecticut-based real estate finance company specializing in originating, underwriting, funding, servicing and managing a portfolio of short-term mortgage loans secured by first mortgage liens on real property. The company qualifies as a real estate investment trust and is required to distribute at least ninety percent of its taxable income to shareholders annually. More information about the company is available at www.sachemcapitalcorp.com.

The company's core business involves providing hard money loans, typically ranging from one to three years in duration, to real estate investors and developers who use proceeds to fund acquisition, renovation, rehabilitation, development and improvement of residential or commercial properties. Loans are structured with fixed interest rates typically between ten and thirteen percent annually, with origination fees ranging from one to three percent. The company maintains underwriting guidelines limiting loan-to-value ratios to seventy percent of fair market value for standard properties and eighty-five percent of total project cost for renovation properties. As of December 31, 2025, the company held one hundred fifteen loans with a gross principal amount of $377.4 million across multiple states, with primary market exposure in Connecticut, Florida, Massachusetts and New York.

The company's loan portfolio composition includes fifty-three point six percent residential properties, twenty-nine point two percent commercial properties, twelve point four percent mixed-use properties and four point eight percent pre-development land. The portfolio includes loans ranging up to $38.3 million, with forty percent of loans between $1 million and $5 million and eight point seven percent exceeding $10 million. Beyond lending activities, the company owns investment properties acquired through foreclosure and maintains investments in limited liability companies focused on real estate note-on-note mortgage investment vehicles and direct real estate investments.

As of December 31, 2025, the company employed twenty-seven full-time staff members. Revenue is generated primarily from interest payments on loans and fees related to origination, maintenance, service, modification and extension of loans. The company finances growth through a combination of equity offerings, preferred stock issuances and debt facilities, maintaining a capital structure where debt represents approximately sixty-one percent of total capital.