Sachem Capital sees FY 2025 net income attributable to common shareholders at USD 0.01–0.04 per share after FY 2024 loss of USD 0.93 per share

Reuters
Feb 19
Sachem Capital sees FY 2025 net income attributable to common shareholders at USD 0.01–0.04 per share after FY 2024 loss of USD 0.93 per share

Sachem Capital $(SACH)$ provided preliminary FY 2025 results, expecting net income attributable to common shareholders of **USD 0.01–0.04 per share** (vs. a net loss of **USD 0.93 per share** in FY 2024). **Book value per common share** is expected to be **USD 2.43–2.46** for the year ended Dec. 31, 2025, down from **USD 2.64** as of Dec. 31, 2024, which the company attributed to cash dividends paid on common and Series A preferred stock exceeding FY 2025 net income. In portfolio updates, Sachem Capital sold its **Westport, Connecticut** office property on **Dec. 31, 2025**, generating **~USD 19.90 million** in net cash proceeds and a **~USD 4.00 million** book gain, with the asset sourced and managed through its Urbane Capital platform. Subsequent to year-end, on **Feb. 5, 2026**, the company completed a noncash exchange to acquire 100% of the entity holding condominium assets tied to its legacy **Naples, Florida** mortgage exposure with a net book value (including principal and accrued unpaid interest and fees) of **~USD 39.90 million**; Urbane Capital assumed active management and development, including remarketing three completed units and developing four additional entitled units with anticipated sales over **18–24 months**. Sachem Capital also said it retained and enhanced its interest in a separate **~USD 12.30 million** first mortgage in Naples secured by an unrelated waterfront parcel. On financing, Sachem Capital amended its **USD 50.00 million** revolving credit facility with Needham Bank on **Jan. 21, 2026**, extending maturity to **March 2, 2028**, with an option to request a further extension to **March 2, 2029** subject to consent and conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sachem Capital Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001682220-26-000006), on February 18, 2026, and is solely responsible for the information contained therein.

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