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Sachem Capital Reports 57% Increase in Revenue and 49% Increase in Net Income for the Third Quarter of 2018 Net income for 2018 was approximately $7.8 million compared to $4.9 million for 2017 due to the increase in our lending activities, partially offset by the increase Sachem Capital Corp. specializes in originating, underwriting, funding, servicing and managing a portfolio of first mortgage loans.
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