Upgrade to SI Premium - Free Trial

Sachem Capital to release Q2 2026 results with IRG deal update

August 3, 2026 4:16 PM

Sachem Capital Corp. (NYSE American: SACH) announced it will release its second quarter 2026 financial results after market close on August 5, 2026.

The release will also include an update on the company's pending asset contribution transaction with Industrial Realty Group (IRG), according to a press release statement. The transaction is valued at approximately $1.5 billion.

The combined entity is expected to be renamed IRG Realty Trust (IRGT), with an implied enterprise value of approximately $3.4 billion. The company claims the combined entity would rank among the top-10 publicly listed industrial REITs.

Sachem Capital is a mortgage REIT that originates, underwrites, funds, services, and manages a portfolio of loans secured by first mortgages on real property, primarily offering short-term loans to real estate investors.

Categories

Corporate News

Next Articles