Sachem Capital Corp.
SACH-PA
New York Stock Exchange American20.20
USD
+0.08
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Sachem Capital Corp.
SACH-PA
(New York Stock Exchange American)
Recent
price
20.20
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Sachem Capital Corp. operates as a real estate finance entity, specializing in providing capital solutions. This company focuses on originating, underwriting, funding, servicing, and managing a diverse portfolio of short-term, non-bank loans. These loans are primarily secured by first mortgage liens on real property located predominantly across the Eastern Seaboard of the United States, encompassing the Northeastern region and Florida. Sachem Capital offers these tailored financing options to real estate investors and developers for their projects, including the acquisition, renovation, rehabilitation, development, or enhancement of residential and commercial properties. The firm's revenue is largely derived from the interest and fees generated by its loan portfolio. As a Real Estate Investment Trust (REIT), Sachem Capital is structured to avoid federal income tax liability by distributing at least 90% of its taxable income annually to its shareholders. The company was established in 2010 and maintains its headquarters in Branford, Connecticut. Recent developments include the closing of a new $100 million Senior Secured Notes offering in June 2025, which helped in repaying existing subordinated notes and extending debt maturity. The company also made a 20% investment in Shem Creek Capital LLC in September 2024, aimed at diversifying its business model.