Sachem Capital Appoints Jeffery C. Walraven as Permanent Chief Financial Officer
MWN-AI** Summary
Sachem Capital Corp., a mortgage real estate investment trust (REIT) focused on real estate lending, announced the appointment of Jeffery C. Walraven as its permanent Chief Financial Officer, effective September 1, 2025. Mr. Walraven has been serving as the interim CFO since December 2024 and is stepping down from his role on the Company’s Board of Directors, which he joined in August 2024.
CEO John L. Villano expressed confidence in Walraven's capabilities, highlighting his extensive experience in public company finance and accounting, as well as his contributions to improving the Company’s financial controls. Villano remarked that Walraven has garnered respect and admiration within the Company, suggesting positive working dynamics ahead.
Walraven brings a wealth of experience, having worked with various private and public real estate firms. His previous roles include serving as Chief Operating Officer and co-founder of Freehold Properties, a REIT focused on agricultural real estate financing. He has also held positions as an independent director at Broad Street Realty and served as CFO at MedEquities Realty Trust, which was sold to Omega Healthcare Investors in 2019. With over two decades in public accounting and consulting, Walraven has significant expertise in Securities and Exchange Act matters, including financial reporting and transactions.
Academically, Walraven holds a Bachelor's in Financial Management from Bob Jones University and a Master's in Professional Accountancy from Clemson University. He maintained an active CPA license from 1994 to 2016.
Sachem Capital specializes in securing loans for real estate investments, offering short-term financing options while maintaining a conservative loan-to-value ratio. The company also engages in opportunistic real estate acquisitions alongside its lending activities.
MWN-AI** Analysis
The recent appointment of Jeffery C. Walraven as the permanent Chief Financial Officer of Sachem Capital Corp. (NYSE American: SACH) heralds a strategic shift towards more robust financial management. Mr. Walraven, who has served as the interim CFO since late 2024, brings extensive experience in real estate finance and public accounting. His previous roles, particularly in various real estate investment trusts (REITs), position him uniquely to guide Sachem amidst a fluctuating economic landscape driven by changing interest rates and evolving real estate markets.
Sachem Capital specializes in short-term loans secured by first mortgages, predominantly targeting real estate investors. Given the current macroeconomic environment, with interest rates subject to fluctuation and inflationary pressures persisting, the demand for such financing solutions is likely to remain strong. Walraven’s background in managing complex financial instruments in real estate adds credibility to Sachem's operational strategy.
Investors should focus on how Walraven’s expertise might enhance financial controls and operational efficiency, potentially leading to improved profitability. His history with capital markets and real estate investment positions him to implement strategies that can minimize risk while maximizing returns, particularly through careful selection of loan-to-value ratios.
Furthermore, in light of his dual roles as a leader and financial steward, Walraven’s influence could foster investor confidence, which may positively affect the stock price over time.
However, prospective investors should remain cautious and conduct thorough due diligence, especially concerning the inherent risks outlined in Sachem's forward-looking statements. Monitoring quarterly financial reports will be critical to gauging the effectiveness of Walraven’s strategies. Ultimately, the appointment represents a pivotal moment for Sachem, and astute investors should watch how these developments might translate into favorable market performance in the near future.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
BRANFORD, Conn., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”), a real estate lender specializing in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property, today announced that it has named Jeffery C. Walraven Executive Vice President and Chief Financial Officer, effective as of September 1, 2025. Mr. Walraven has served as the Company’s Interim Chief Financial Officer since December 2024. In conjunction with this appointment, Mr. Walraven has resigned from the Company’s Board of Directors on which he has served since August 2024.
“We are pleased to have completed our search for a Chief Financial Officer with the appointment of Jeffery Walraven to the permanent role, and I want to congratulate him on his appointment,” stated John L. Villano, President and Chief Executive Officer of Sachem Capital. “Jeff has extensive public company, financial markets, accounting and consulting experience, and has brought discipline and efficiency to our financial controls, processes, and procedures. Further, he has been a great partner for me and a true team leader who has earned the respect and admiration of our employees. I look forward to continue to work with him.”
Mr. Walraven has extensive experience with private and public real estate companies working on matters including capital markets, accounting and finance. He has served as Chief Operating Officer, a director and co-founder of Freehold Properties, Inc., a REIT that provides net lease financing to specialty agricultural real estate. Mr. Walraven has also served as an independent director and member of the audit committee of Broad Street Realty, Inc. (OTCQX: BRST), a real estate company that owns, operates, develops, and redevelops primarily essential grocery-anchored shopping centers and mixed-use properties, since October 2023. From January 2014 to May 2019, he also served as Executive Vice President and Chief Financial Officer of MedEquities Realty Trust, Inc. (formerly, NYSE: MRT), an internally managed healthcare REIT that was sold to Omega Healthcare Investors, Inc. in May 2019. Additionally, Mr. Walraven has over 20 years of public accounting and consulting experience, serving many public real estate and related clients since 1999. He worked extensively with these companies on all aspects of Securities and Exchange Act matters, including quarterly, annual and special reports, and matters relating to acquisitions, dispositions and securities offerings.
Mr. Walraven holds a Bachelor’s degree in Financial Management from Bob Jones University and a Masters of Professional Accountancy from Clemson University. He also maintained an active CPA license from 1994 to 2016 in multiple states.
About Sachem Capital Corp
Sachem Capital Corp. is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term (i.e., three years or less) secured, nonbanking loans to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. The Company’s primary underwriting criteria is a conservative loan to value ratio. The properties securing the loans are generally classified as residential or commercial real estate and, typically, are held for investment. Each loan is secured by a first mortgage lien on real estate and is personally guaranteed by the principal(s) of the borrower. The Company also makes opportunistic real estate purchases apart from its lending activities.
Forward Looking Statements
This press release may contain forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements. The words “anticipate,” “estimate,” “expect,” “project,” “plan,” “seek,” “intend,” “believe,” “may,” “might,” “will,” “should,” “could,” “likely,” “continue,” “design,” and the negative of such terms and other words and terms of similar expressions are intended to identify forward-looking statements. These forward-looking statements are based primarily on management’s current expectations and projections about future events and trends that management believes may affect the Company’s financial condition, results of operations, strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to several risks, uncertainties and assumptions as described in the Company’s Annual Report on Form 10-K for 2024 filed with the U.S. Securities and Exchange Commission on March 31, 2025, as may be supplemented by the Company’s subsequently filed Quarterly Reports on Form 10-Q. Because of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this press release may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, level of activity, performance, or achievements. In addition, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company disclaims any duty to update any of these forward-looking statements. All forward-looking statements attributable to the Company are expressly qualified in their entirety by these cautionary statements as well as others made in this press release. You should evaluate all forward-looking statements made by the Company in the context of these risks and uncertainties.
Investor & Media Contact:
Sachem Capital
Investor Relations
Email: investors@sachemcapitalcorp.com
FAQ**
What specific strategies will Sachem Capital Corp. SACH implement under Jeffery Walraven's leadership as Chief Financial Officer to enhance its financial controls and processes?
How does Sachem Capital Corp. SACH plan to navigate potential market risks outlined in its forward-looking statements, especially regarding its loan portfolio and real estate investments?
Can you provide insights into how Jeffery Walraven's previous experience will influence the future operational and financial strategies of Sachem Capital Corp. SACH?
What anticipated impacts do you foresee on Sachem Capital Corp. SACH's growth trajectory following Mr. Walraven's appointment, especially in the context of the competitive mortgage lending landscape?
**MWN-AI FAQ is based on asking OpenAI questions about Broad Street Realty Inc (OTC: BRST).
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