D
Sachem Capital Corp. SACH
$1.02 $0.022.00%
Recommendation
Prev Close
Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
--
EPS (TTM)
Corporate Info
Phone Number
203 433 4736
Address
568 East Main Street
Branford, CT 06405
Country
United States
Year Founded
2010
Details
Sector
Financials
Industry
Financial Services
Employees
31
Business Decription
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.

Weiss Ratings