Sachem Capital: Quarterly Profit Puts Baby Bonds In A Good Spot

2025-08-06 10:30:00 ET

Introduction

Sachem Capital Corp. ( SACH ) has a relatively easy business model as it invests in short-term loans that are secured by first mortgage liens on buildings. Additionally, it usually requires the borrowers to provide a personal guarantee as well and although that adds an additional layer of safety and security, the past two years have shown that even this company is not immune to the turmoil in the sector. I have owned the company's baby bonds for several years now and I wanted to check up to see if there's a reasonable expectation of the company continuing to make its interest payments and repaying the principal amount at the end of the respective terms. ...

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