Sachem Capital announces private placement of $100M senior secured notes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 12 2025
0mins
Source: SeekingAlpha
Private Placement Announcement: Sachem Capital announced a private placement of $100M in five-year senior secured notes, with an initial draw of $50M and a fixed interest rate of 9.875% per annum.
Use of Proceeds: The funds will be used for repaying existing facility balances, originating new investments, and redeeming maturing unsecured notes.
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Analyst Views on SACH
Wall Street analysts forecast SACH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SACH is 1.23 USD with a low forecast of 1.20 USD and a high forecast of 1.25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 1.040
Low
1.20
Averages
1.23
High
1.25
Current: 1.040
Low
1.20
Averages
1.23
High
1.25
About SACH
Sachem Capital Corp. is a mortgage real estate investment trust (REIT) that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term secured, nonbanking loans to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. Its typical borrower is a real estate investor or developer who uses the proceeds of the loan to fund its acquisition, renovation, rehabilitation, development and/or improvement of residential or commercial properties and that are held for investment or sale. The properties securing the loans are generally classified as residential or commercial real estate and, typically, are held for resale or investment. Its loans are referred to in the real estate finance industry as hard money loans. The Company also makes opportunistic real estate purchases apart from its lending activities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Sachem Capital Declares $0.05 Quarterly Dividend per Share
- Quarterly Dividend Announcement: Sachem Capital's Board declared a quarterly dividend of $0.05 per common share, payable on December 30, 2025, reflecting the company's ongoing commitment to shareholder returns.
- Preferred Stock Dividend: Additionally, the Board announced a quarterly dividend of $0.484375 per share for its 7.75% Series A Cumulative Redeemable Preferred Stock, enhancing the company's appeal in capital markets.
- Record Date for Shareholders: Both common and preferred stock dividends will be paid to shareholders of record as of the close of trading on December 15, 2025, ensuring timely returns for investors.
- Company Background: Sachem Capital specializes in providing short-term, secured non-banking loans to real estate investors for acquisition and renovation projects, demonstrating its expertise and adaptability to market demands in real estate financing.
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