Sachem Capital Corp. functions as a specialized real estate finance entity. The company actively sources, underwrites, funds, services, and manages a portfolio of short-term loans, all secured by primary mortgage liens on real estate assets predominantly located in the Northeastern United States and Florida. It provides capital to real estate professionals and property owners, enabling them to finance the acquisition, refurbishment, development, or enhancement of residential or commercial ventures. Sachem Capital Corp. has chosen to be taxed as a Real Estate Investment Trust (REIT), granting it exemption from federal income taxes provided it distributes at least 90% of its annual taxable earnings to its shareholders. Founded in Branford, Connecticut, in 2010, this firm maintains its headquarters there.
Sector: Real Estate Investment Trusts
Industry: REIT - Mortgage
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
based on 47.95M shares outstanding
USSachem Capital Corp. operates as a real estate finance company.
The company is involved in the originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property located primarily in Northeastern United States and Florida.
It offers loans to real estate investors and owners to fund their acquisition, renovation, rehabilitation, development, and/or improvement of residential or commercial properties.
The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal income taxes if it distributes at least 90% of its taxable income each year to its stockholders. Sachem Capital Corp. was founded in 2010 and is based in Branford, Connecticut.
Arthur L. Goldberg
Director
Brian A. Prinz
Director
Jeffery C. Walraven
Executive Vice President & Chief Financial Officer
John L. Villano
Founder, Chairman, President & Chief Executive Officer
Employees
28
Country
US
Sector
--
Website
sachemcapitalcorp.com
Loading congressional disclosures…
based on 47.95M shares outstanding
US30d Avg
149.57K
60d Avg
155.19K
90d Avg
140.17K
