Sachem Capital Corp. Common Shares
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About
Sachem Capital Corp. Common Shares (SACH) is a real estate finance company based in Branford, Connecticut that operates in the United States. It is best known for originating and managing short-term loans secured by first mortgage liens on real property. The company was founded in 2010 and previously operated as HML Capital Corp. before changing its name to Sachem Capital Corp. in December 2016.
The core business involves originating, underwriting, funding, servicing, and managing a portfolio of short-term real estate loans. Each loan is secured by a first mortgage lien on the underlying property, which gives the lender a senior claim on that collateral. In addition to these secured loans, the company also offers non-bank lending, providing financing to borrowers who may fall outside traditional bank channels.
Sachem Capital serves real estate investors and developers who need capital for a range of property projects. Its loans help borrowers fund the acquisition, renovation, rehabilitation, development, and improvement of residential or commercial properties. This positions the company as a source of relatively fast, asset backed financing for projects that may not fit conventional bank timelines or criteria. By focusing on short-term, first-lien loans to investors and developers, Sachem Capital Corp. (SACH) earns money from lending activity tied to the value of real estate collateral rather than from owning or operating the properties itself.