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Sachem Capital Corp (SACH)

1.66
+0.01
(+0.61%)

History Price

NYSE American - Delayed Quote USD

Company Profile

Sachem Capital Corp. operates as a real estate finance company in the United States. The company engages in the originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property. It offers short term loans to real estate investors or developers to fund its acquisition, renovation, rehabilitation, development, and/or improvement of residential or commercial properties. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 2010 and is based in Branford, Connecticut.

https://www.sachemcapitalcorp.com

Performance Info

REIT - Mortgage
Real Estate