Sachem Capital Corp. (SACH)

USD 1.17

(-5.65%)

Market Cap (In USD)

54.94 Million

Revenue (In USD)

32 Million

Net Income (In USD)

15.89 Million

Avg. Volume

322.29 Thousand

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
1.16-4.64
PE
-
EPS
-
Beta Value
1.734
ISIN
US78590A1097
CUSIP
78590A109
CIK
1682220
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Mortgage
CEO
Mr. John L. Villano CPA, CPA
Employee Count
-
Website
https://www.sachemcapitalcorp.com
Ipo Date
2017-02-10
Details
Sachem 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.