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BRANFORD, Conn. - Sachem Capital Corp. (NYSE American:SACH) has appointed Jeffery C. Walraven as Executive Vice President and Chief Financial Officer, effective September 1, 2025, according to a company press release.
Walraven, who has been serving as Interim CFO since December 2024, has resigned from the company’s Board of Directors, a position he held since August 2024.
"Jeff has extensive public company, financial markets, accounting and consulting experience," said John L. Villano, President and Chief Executive Officer of Sachem Capital.
Walraven brings significant experience in real estate finance, having served as Chief Operating Officer and co-founder of Freehold Properties, a REIT focused on specialty agricultural real estate. He also currently serves as an independent director and audit committee member of Broad Street Realty, Inc. (OTCQX:BRST), which maintains a healthy gross profit margin of 66.4% and generates annual revenue of $32.59M. According to InvestingPro analysis, BRST is currently trading at an attractive P/E ratio relative to its near-term earnings growth potential.
From January 2014 to May 2019, Walraven was Executive Vice President and CFO of MedEquities Realty Trust, Inc., a healthcare REIT that was acquired by Omega Healthcare Investors in 2019. For investors interested in identifying similar value opportunities in the REIT sector, InvestingPro offers comprehensive financial analysis and Fair Value estimates for over 20,000 stocks.
His background includes over 20 years in public accounting and consulting, with expertise in Securities and Exchange Act matters. Walraven holds a Bachelor’s degree in Financial Management from Bob Jones University and a Masters of Professional Accountancy from Clemson University.
Sachem Capital Corp. specializes in short-term secured loans for real estate investors, focusing primarily on properties held for investment with conservative loan-to-value ratios. InvestingPro analysis indicates that Broad Street Realty, where Walraven serves as director, is currently trading below its Fair Value, suggesting potential upside for investors.
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