Sachem Capital Corp. filings document the regulatory disclosures of a mortgage REIT that originates and manages first-mortgage loans secured by real property. Its 8-K filings cover operating results, Regulation FD materials, conference call transcripts, business updates, and dividend declarations for common stock and 7.75% Series A Cumulative Redeemable Preferred Stock.
The filing record also includes capital-structure disclosures involving preferred stock issuance arrangements, outstanding note securities, amendments to a revolving credit facility, and exchange notices affecting a listed debt security. These documents frame SACH’s public-company reporting around mortgage loan portfolio performance, REIT distributions, financing capacity, securities terms, and material corporate events.
At its October 22, 2026 annual meeting, Sachem Capital Corp. shareholders elected incumbent directors John L. Villano, Leslie Bernhard and Brian A. Prinz, who will serve until the next annual meeting and until their successors are elected and qualified. Votes for the nominees were 14,705,443, 15,980,335 and 15,456,357, respectively. Shareholders approved, on an advisory basis, Baker Tilly US, LLP’s appointment as independent auditors for the 2026 fiscal year, with 31,784,678 votes for, 653,975 against and 564,925 abstentions. They also approved the non-binding advisory resolution relating to executive compensation, with 12,961,333 votes for, 4,014,353 against, 643,423 abstentions and 15,384,469 broker non-votes.
Sachem Capital Corp. (SACH) is calling a virtual 2026 annual shareholder meeting on October 22, 2026 to elect three directors, provide advisory approval of Baker Tilly US, LLP as independent auditor for 2026, and hold a non-binding say‑on‑pay vote on executive compensation.
Shareholders of record on September 2, 2026, when 47,954,632 common shares and 2,312,758 Series A preferred shares were outstanding, may vote online, by phone, mail, or at the virtual meeting. The three director nominees are John L. Villano (CEO and Chairman), Leslie Bernhard, and Brian A. Prinz; Bernhard and Prinz are independent and chair key board committees.
The proxy details governance practices including a Code of Ethics, a majority‑independent board, three standing committees, insider trading and anti‑pledging policies, equity award practices, and an SEC‑ and NYSE‑compliant clawback policy. It also discloses 2025 pay: Chairman/CEO John Villano received total compensation of $1,655,089, and Executive VP/CFO Jeffery Walraven received $1,095,653, primarily from salary, bonuses, and restricted stock awards.
Sachem Capital Corp. (SACH) announced that its board of directors declared quarterly cash dividends on both its common and preferred equity. The company will pay a $0.01 per share dividend on its common stock and $0.484375 per share on its 7.75% Series A Cumulative Redeemable Preferred Stock.
Both dividends are payable on September 30, 2026 to shareholders of record as of the close of trading on September 15, 2026. The preferred dividend represents the full amount accruing from June 30, 2026 through September 29, 2026, consistent with its cumulative 7.75% terms.
Sachem Capital Corp. reported weaker Q2 2026 results while advancing a pending combination with Industrial Realty Group (IRG). Net loss attributable to common shareholders was $6.5 million, or $0.14 per share, versus net income of $0.8 million, or $0.02 per share, a year earlier. Drivers included a $2.6 million provision for credit losses concentrated in three loans, $2.6 million of transaction expenses related to the IRG contribution, lower fee income, and a narrower net interest margin of 1.9% versus 2.3%.
For the six months ended June 30, 2026, net loss attributable to common shareholders was $13.7 million. Total assets were $472.9 million and total shareholders’ equity was $158.8 million, with book value per common share declining to $2.11 from $2.46 at year end 2025, reflecting losses and $5.1 million of dividends on common and preferred shares.
The company detailed progress on its planned contribution transaction with IRG, under which IRG is expected to contribute 98 industrial properties with gross real estate asset value of $2.9 billion. Together with approximately $473 million of Sachem assets, the combined IRG Realty Trust, Inc. is expected to have an implied enterprise value of about $3.4 billion. IRG reported approximately 9.3 million square feet of new and renewal leases signed through July 31, 2026, representing $44.9 million of Annual Base Rent.
Sachem Capital Corp. announced that its board of directors declared a quarterly dividend of $0.01 per common share, payable on June 30, 2026 to shareholders of record on June 15, 2026. The board also declared a quarterly dividend of $0.484375 per share on its 7.75% Series A Cumulative Redeemable Preferred Stock, also payable on June 30, 2026 to holders of record on June 15, 2026. The preferred dividend represents the full amount accruing from March 30, 2026 through and including June 29, 2026.
Sachem Capital Corp. reported a weak first quarter of 2026 while outlining a transformative merger strategy. For the quarter ended March 31, 2026, the company posted a net loss attributable to common shareholders of $7.2 million, or $0.15 per share, versus a loss of $0.2 million, or $0.00 per share, a year earlier.
Net interest income was $3.6 million compared with $3.7 million in 2025, with an effective loan yield of 13.5% and net interest margin of 3.9%. Results were heavily affected by a $5.4 million provision for credit losses, including a non‑cash $3.9 million charge tied to a Naples, Florida loan restructuring, and $1.6 million of transaction expenses.
Total assets reached $473.3 million and shareholders’ equity was $165.6 million. Book value per common share declined to $2.25 from $2.46, driven by the loss and $3.5 million of dividends. The company also highlighted a definitive contribution agreement with Industrial Realty Group, under which 98 industrial properties with gross real estate asset value of $2.9 billion plus Sachem’s approximately $470 million of assets are expected to form IRG Realty Trust, Inc. with an implied enterprise value of about $3.4 billion as a large industrial REIT.
Sachem Capital reported a weak first quarter of 2026, swinging to a net loss attributable to common shareholders of $7.2 million, or $0.15 per share, compared with near break-even a year earlier. Net interest income slipped to $3.6 million as loan interest rose but income from LLC investments fell sharply. Credit costs were the main drag: the provision for credit losses on loans jumped to $5.4 million, and a restructuring of a legacy Naples, Florida loan into condominium developmental real estate generated a $3.9 million credit loss.
Total assets increased to $473.3 million, driven by investment in developmental real estate rising to $46.0 million, while loans held for investment declined to $355.8 million. Non-performing and foreclosure loans remain elevated, and the allowance for credit losses grew to $12.4 million. The balance sheet is heavily debt-funded, with $171.7 million of unsecured notes, $96.7 million of senior secured notes and $29.0 million drawn on the Needham credit facility.
After quarter-end, Sachem announced a Contribution Agreement with Industrial Realty Group Global under which IRG will contribute an industrial real estate portfolio with an assumed $2.9 billion gross asset value into a new operating partnership. Sachem will undertake a 20‑to‑1 reverse stock split, redomesticate to Delaware and be renamed IRG Realty Trust, Inc., with IRG Global expected to hold about 94.1% of operating partnership units after closing, subject to shareholder approval and other conditions.
Sachem Capital Corp. notified the SEC it cannot file its Quarterly Report on Form 10-Q for the period ended March 31, 2026 within the prescribed time and is using Rule 12b-25 to extend the filing deadline. The company cites additional time needed to complete financial statement preparation and review of recent transactions. Management currently expects to file within the Rule 12b-25 extension period and discloses anticipated results: net loss of $6.1 million for Q1 2026 and a material weakness in internal control over financial reporting upon filing.