Sachem Capital Corp. 6.00% Note (SCCE)
Sachem Capital Corp. 6.00% Note operates in the REIT - Diversified industry of the Real Estate sector, headquartered in Branford, CT, US. The stock last traded at $24.35, down 0.77% on the session, giving a market capitalisation of $1.14B. On trailing twelve-month figures it carries a trailing P/E of -93.01, a net margin of 55.9%. Its beta of 0.26 implies it has historically moved less than the broad market.
Sachem Capital Corp. operates as a real estate finance company, delivering services consistent with a real estate investment trust. The firm's core business involves the comprehensive management of short-term loans, from their initial origination and thorough underwriting to funding, servicing, and portfolio administration. It extends secured, short-duration, non-traditional bank loans to real estate investors. These funds are specifically provided to finance the acquisition, renovation, rehabilitation, or new construction of residential and commercial properties. Established in January 2016 by Jeffrey C. Villano and John L. Villano, the company's main office is located in Branford, Connecticut.
Sachem Capital Corp. 6.00% Note is most often compared with the following Real Estate names: