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Sachem Capital Corp SACH

Alternate Symbol(s):  SACH.PR.A

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.


NYSEAM:SACH - Post by User

Post by MikeTesteron Aug 02, 2024 1:18pm
32 Views
Post# 36161328

Sachem Capital Corp. (SACH): Navigating a Challenging Market

Sachem Capital Corp. (SACH): Navigating a Challenging Markethttps://beyondspx.com/2024/07/31/sachem-capital-corp-sach-navigating-a-challenging-market-with-disciplined-lending-and-liquidity-management-2/
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