Sachem Capital Corp.: management transactions · United States · SEC (Form 4)

About Sachem Capital Corp.

Sachem Capital Corp. is a U.S.-based specialty real estate finance company listed on NYSE American, which places it within the broader NYSE/NASDAQ universe for international investors. The company is headquartered in Branford, Connecticut, United States. It originated in the 2010s as a private lending platform focused on property-secured credit, was incorporated in January 2016 under the name HML Capital Corp., and later adopted the Sachem Capital Corp. name. Its common shares began trading on NYSE American in 2017. The company’s core business is originating, underwriting, funding, servicing, and managing loans secured by first mortgage liens on real property. In practical terms, Sachem Capital operates as a niche real estate lender rather than a conventional bank or a traditional property developer. Its historical focus has been short-term lending to real estate developers and investors seeking fast execution for the acquisition, renovation, rehabilitation, improvement, or development of residential and commercial properties. That niche gives the company a differentiated position versus mainstream lenders: speed, flexibility, and a willingness to finance transactions that may be too specialized or time-sensitive for larger banks. From a competitive standpoint, Sachem Capital occupies the private credit segment of real estate finance, where underwriting discipline and collateral protection are central. Its loans are primarily secured by real estate, and the company has emphasized capital preservation, portfolio management, and selective origination in recent periods. Competition comes from other private lenders, mortgage REITs, specialty finance firms, and, in some cases, regional banks that can compete on pricing or relationship lending. The company’s ability to source deals and manage credit quality is therefore a key differentiator. A notable strategic development was the 2022 acquisition of Urbane New Haven, a real estate development and construction firm, which broadened Sachem’s internal capabilities in construction oversight and development-related execution. This move is consistent with a lender that seeks deeper control and expertise around complex real estate projects. Recent news has centered on balance-sheet management and refinancing. In 2025, Sachem Capital closed a $100 million private placement of senior secured notes, which it said would enhance liquidity, refinance existing obligations, and support new loan origination. Management has also highlighted a more challenging credit backdrop, elevated nonperforming loans, and a deliberate focus on extending debt maturities and protecting capital. For French, Belgian, and Swiss investors, the company remains a specialized financial name tied closely to U.S. real estate credit conditions, interest-rate dynamics, and asset-quality trends in the United States.