Sachem Capital Corp. is a real estate finance company, which engages in the provision of real estate investment trust services. The company is headquartered in Branford, Connecticut and currently employs 28 full-time employees. The company went IPO on 2017-02-10. The company offers short-term secured, nonbanking loans 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.
Follow-Up Questions
Who is the CEO of Sachem Capital Corp?
Mr. John Villano is the Chairman of the Board of Sachem Capital Corp, joining the firm since 2024.
What is the price performance of SCCG stock?
The current price of SCCG is $23.14, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Sachem Capital Corp?
Sachem Capital Corp belongs to Real Estate industry and the sector is Financials
What is Sachem Capital Corp market cap?
Sachem Capital Corp's current market cap is $1.0B
Is Sachem Capital Corp a buy, sell, or hold?
According to wall street analysts, 4 analysts have made analyst ratings for Sachem Capital Corp, including 3 strong buy, 3 buy, 5 hold, 0 sell, and 3 strong sell
