BRANFORD, Conn., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) today announced that Bill Haydon, Chief Investment Officer and Director of Sachem Capital Corp., will be participating in the Benzinga All Access event taking place on December 16, 2021.
Mr. Haydon is scheduled to appear on December 16, 2021 at 9:40 A.M. Eastern Time. The event will consist of an interview hosted by Spencer Israel, Executive Producer of Benzinga TV.
The event will be broadcast live and can be viewed here. An archived recording of the presentation will be available on the investor relations section of Sachem’s website at https://ir.sachemcapitalcorp.com/news-events.
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. 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.
Investor & Media Contact:
Crescendo Communications, LLC
Tel: (212) 671-1021
Released December 9, 2021