3 Followers USX:SACH - Sachem Capital Corp Sachem Capital Corp
Sector: Financials, Industry: Mortgage REITs
Next Earnings: 12 Aug 2024
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USD 3.17    -0.03 (-0.94%)

21 May 2024


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General

CEO: Mr. John L. Villano CPA, CPA

IPO: 2017-02-10

Headquarters: US

Employees: 29

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Description

Sachem Capital Corp is a United States-based real estate investment trust. The company specializes in originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property located in Connecticut. Its primary objective is to grow the loan portfolio while protecting and preserving capital in a manner that provides for attractive risk-adjusted returns to shareholders over the long term through dividends. The company earns majority of its revenue through Interest income from loans.

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