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Sachem Capital 8 00 Notes due 2027 SCCG

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:SCCG - Post by User

Post by MikeTesteron Aug 03, 2024 1:33pm
18 Views
Post# 36163253

Sachem Capital Corp. (SCCG): Navigating a Challenging Lendin

Sachem Capital Corp. (SCCG): Navigating a Challenging Lendinhttps://beyondspx.com/2024/08/03/sachem-capital-corp-sccg-navigating-a-challenging-lending-environment-with-disciplined-growth/
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