Sachem Capital (SACH) Revenue Down 29%
Sachem Capital (NYSEMKT:SACH), a real estate finance company and Real Estate Investment Trust (REIT) specializing in short-term loans to real estate developers, released its results for the quarter ended June 30, 2025, on August 7. The headline news was a return to profitability, with GAAP EPS of $0.02—a reversal from a $0.09 per share loss a year earlier. However, revenue (GAAP) came in at $10.8 million—down from $15.1 million in the prior-year period and below analyst expectations of $11.3 million. The release highlights ongoing challenges in loan portfolio growth and revenue, balanced by improvements in cost control and access to capital. The company’s quarter reflects stabilization but also underlines the need for progress addressing nonperforming loans and revitalizing lending volume.
Source: Analyst estimates for the quarter provided by FactSet.
Sachem Capital operates as a non-bank lender, focusing on originating and managing short-term secured loans for small and mid-sized real estate developers. It primarily lends against first mortgage liens on real property, generating income through interest and fees for these financing products. As a REIT, the company must distribute at least 90 % of taxable income each year, offering investors exposure to real estate-backed loan yields without direct property ownership.
Source Fool.com
