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About the company
Sachem Capital Corp. is a mortgage real estate investment trust (REIT) that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term secured, nonbanking loan 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.
- Revenue in USD (TTM)68.10m
- Net income in USD11.56m
- Incorporated2016
- Employees32.00
- LocationSachem Capital Corp568 EAST MAIN STREETBRANFORD 06405United StatesUSA
- Phone+1 (203) 433-4736
- Websitehttps://www.sachemcapitalcorp.com/