Sachem Capital Corp is a public company focused on providing real estate financing solutions, primarily targeting short-term loans for residential and commercial properties. The company specializes in hard money lending, offering capital to real estate investors and developers who require quick access to funding for their projects, including property acquisitions, renovations, and construction. By leveraging a streamlined approval process and a deep understanding of the real estate market, Sachem Capital aims to facilitate efficient financing options that cater to the specific needs of its clients, contributing to the growth and success of their real estate ventures. Read More
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Sachem Capital Corp. (NYSE: SACH) and Industrial Realty Group. Under the terms of the agreement, upon completion of the proposed transaction, Sachem Capital shareholders will own approximately 5.9% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Sachem shareholders.
Halper Sadeh LLC, an investor rights law firm, is investigating the merger of Sachem Capital Corp. (NYSE: SACH) and Industrial Realty Group. Upon closing of the proposed transaction, Sachem shareholders will own approximately 5.9% of the combined company.
Sachem Capital has seen its shares annihilated as of late, having declined almost 80% from their 2022 high. This puts it at a 73% discount to book value, making it an enticing investment from a value standpoint. However, it has raised some red flags.
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