Sachem Capital :
SACH
SACH
Stock Data
$1.03
$0.01 (0.98%)
Asset Type
Common Stock
Exchange
NYSE MKT
Currency
USD
Country
USA
Sector
REAL ESTATE
Industry
REIT - MORTGAGE
Sachem Capital Corp is a real estate finance company based in Branford, Connecticut, focusing on the Northeastern United States and Florida. It specializes in providing short-term loans secured by first mortgage liens on real property. These loans support real estate investors and owners in acquiring, renovating, or improving residential or commercial properties. As a real estate investment trust (REIT), Sachem Capital avoids federal income taxes by distributing most of its taxable income to shareholders. Founded in 2010, the company plays a crucial role in the real estate investment sector.