SACHEM CAPITAL CORP. (NYSEMKT:SACH) Files An 8-K Other Events
Item 8.01.
Other Events. |
On May 2, 2017, the Registrant held an Investor Conference at
which it utilized the presentation attached as Exhibit 99.1
hereto.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit No. |
Description |
99.1 |
Investor Presentation, dated May 2, 2017. |
* * * * *
About SACHEM CAPITAL CORP. (NYSEMKT:SACH)
Sachem Capital Corp. is a real estate finance company. The Company specializes in originating, underwriting, funding, servicing and managing a portfolio of short-term loans secured by first mortgage liens on real property located primarily in Connecticut. The loan is also personally guaranteed by the principals of the borrower, which guaranty is typically collaterally secured by a pledge of the guarantor’s interest in the borrower. The Company’s primary objective is to grow its loan portfolio while preserving capital in a manner that provides for risk-adjusted returns to its shareholders over the long term principally through dividends. It intends to achieve the objective by continuing to focus on selectively originating, managing and servicing a portfolio of first mortgage real estate loans designed to generate risk-adjusted returns across a variety of market conditions and economic cycles. As of June 30, 2016, the Company’s loan portfolio included 193 loans. SACHEM CAPITAL CORP. (NYSEMKT:SACH) Recent Trading Information
SACHEM CAPITAL CORP. (NYSEMKT:SACH) closed its last trading session down -0.03 at 5.07 with 1,398 shares trading hands.