Sachem Capital Corp. Appoints Dr. Peter J. Cuozzo as Executive Vice President and Chief Operating Officer
July 08, 2020 at 08:42 am EDT
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Sachem Capital Corp. announced the appointment of Dr. Peter J. (“Pete”) Cuozzo as the company’s Executive Vice President and Chief Operating Officer, effective July 1, 2020. Pete’s responsibilities will include oversight of the company’s entire operations, expanding Sachem’s business in Florida and Texas and developing new markets. Throughout his career, Pete has held cross-functional positions in information technology, finance, human resources, transportation/logistics, and sourcing at well-known companies such as GE, Sachem Capital Partners (the predecessor of Sachem Capital Corporation), Syngenta, HP, Stanley Black & Decker, Hess Corporation, and TBC Corporation. More recently, during his employment at the last five companies, Pete served as Chief Learning Officer and Vice President of learning, talent management, and organizational effectiveness. Pete earned both his doctorate and masters in adult and workplace education from Columbia University’s Teachers College (USA).
Sachem Capital Corp. is a mortgage real estate investment trust (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 secured, nonbanking loan to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. Its typical borrower is a real estate investor or developer who uses the proceeds of the loan to fund its acquisition, renovation, rehabilitation, development and/or improvement of residential or commercial properties and that are held for investment or sale. Its primary objective is to grow its loan portfolio while protecting and preserving capital in a manner that provides for attractive risk-adjusted returns to its shareholders over the long term through dividends. The mortgaged property may or may not be income-producing. Its loans are referred to in the real estate finance industry as hard money loans.
SACHEM CAPITAL CORP. 
