Three IPOs priced this week. The two REITs and a housing play all either offered fewer shares or priced below the range. Clipper Realty (CLPR), Sachem Capital (SACH) and Foundation Building Materials (FBM)...read more
Sachem Capital, a mortgage REIT focused on short-term loans secured by property in Connecticut, raised $13 million by offering 2.6 million shares at $5, it originally planned to offer 3.0 million shares at $5. Sachem Capital plans to list on the NYSE MKT under...read more
Three $100+ million deals are lined up for this next week. Global packaging company Mauser Group and building products distributor Foundation Building Materials are headlining the week. NYC REIT ...read more
Sachem Capital, a mortgage REIT focused on short-term loans secured by property in Connecticut, announced a date for its IPO on Wednesday. It is expected to price on February 9, 2017. The Branford, CT-based company plans to raise $15 million by offering 3...read more
US IPO Weekly Recap: 3 IPOs price, 6 file
Three IPOs priced this week. The two REITs and a housing play all either offered fewer shares or priced below the range. Clipper Realty (CLPR), Sachem Capital (SACH) and Foundation Building Materials (FBM)...read more
Micro-cap mortgage REIT Sachem Capital prices downsized $13 million IPO at $5
Sachem Capital, a mortgage REIT focused on short-term loans secured by property in Connecticut, raised $13 million by offering 2.6 million shares at $5, it originally planned to offer 3.0 million shares at $5. Sachem Capital plans to list on the NYSE MKT under...read more
US IPO Week Ahead: 2 capital goods LBOs build up February market
Three $100+ million deals are lined up for this next week. Global packaging company Mauser Group and building products distributor Foundation Building Materials are headlining the week. NYC REIT ...read more
Micro-cap mortgage REIT Sachem Capital sets terms for $15 million IPO
Sachem Capital, a mortgage REIT focused on short-term loans secured by property in Connecticut, announced a date for its IPO on Wednesday. It is expected to price on February 9, 2017. The Branford, CT-based company plans to raise $15 million by offering 3...read more