Sachem Capital Corp (SACH) USD0.001
Sachem Capital Corp. is a real estate finance company. 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 primarily in Connecticut. The loan is personally guaranteed by the principals of the borrower, which guaranty is typically collaterally secured by a pledge of the guarantor’s interest in the borrower. Its objective is to grow loan portfolio while protecting and preserving capital in a manner that provides for risk-adjusted returns to shareholders over the long term through dividends. It intends to achieve the objective by continuing to focus on selectively originating, managing and servicing a portfolio of first mortgage real estate loans designed to generate attractive risk-adjusted returns across a variety of market conditions and economic cycles. It offers funds for acquisition, renovation, rehabilitation, development of real estate properties.
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