Sachem Capital Sets Dates for First Quarter 2023 Earnings Release and Conference Call
09 Maggio 2023 - 10:10PM
Sachem Capital Corp. (NYSE American: SACH) (the “Company”)
announced today that the Company will release its first quarter
2023 financial results before market open on Monday, May 15, 2023.
A webcast and conference call to discuss the results will be held
on Monday, May 15, 2023 at 8:00 a.m. Eastern Time.
Webcast:A webcast of the
conference call will be available on the Investors section of the
Company’s website www.sachemcapitalcorp.com. To listen to the live
broadcast, go to the site at least 15 minutes prior to the
scheduled start time in order to register and install any necessary
audio software.
To Participate in the Telephone
Conference Call:Dial in at least 15 minutes prior to start
time.
Domestic: 1-888-886-7786International:
1-416-764-8658
Conference Call
Playback:Domestic: 1-844-512-2921International:
1-412-317-6671Passcode: 62285433The playback can be accessed
through Monday, May 29, 2023.
About Sachem Capital Corp.
Sachem Capital Corp. specializes in originating,
underwriting, funding, servicing, and managing a portfolio of first
mortgage loans. It offers short-term (i.e., three years or less)
secured, nonbanking loans (sometimes referred to as “hard money”
loans) to real estate investors to fund their acquisition,
renovation, development, rehabilitation, or improvement of
properties located primarily in Connecticut, New York and Florida.
The company does not lend to owner occupants. The company’s primary
underwriting criteria is a conservative loan to value ratio. The
properties securing the company’s loans are generally classified as
residential or commercial real estate and, typically, are held for
resale or investment. Each loan is secured by a first mortgage lien
on real estate. Each loan is also personally guaranteed by the
principal(s) of the borrower, which guaranty may be collaterally
secured by a pledge of the guarantor’s interest in the borrower.
The company also makes opportunistic real estate purchases apart
from its lending activities. The company believes that it qualifies
as a real estate investment trust (REIT) for federal income tax
purposes and has elected to be taxed as a REIT beginning with its
2017 tax year.
Contact:Investor
RelationsEmail: investors@sachemcapitalcorp.com
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