Sachem Capital Corp. 8.00% Note (SCCG)
Sachem Capital Corp. 8.00% Note operates in the REIT - Mortgage industry of the Real Estate sector, headquartered in Branford, CT, US. The stock last traded at $24.75, up 0.00% on the session, giving a market capitalisation of $1.18B. On trailing twelve-month figures it carries a trailing P/E of -3.48, a net margin of -18.4%. Its beta of 0.40 implies it has historically moved less than the broad market.
Sachem Capital Corp., which functions as a real estate investment trust (REIT), is fundamentally a property financing company. Its primary activity involves the origination, assessment, provision, administration, and oversight of a collection of short-duration loans. The firm extends secured, non-traditional, short-term credit facilities specifically to real estate investors. These financial provisions are designed to support the purchase, upgrading, restoration, or construction of both residential and commercial properties. The company was co-founded by Jeffrey C. Villano and John L. Villano in January 2016 and is based in Branford, CT.
Sachem Capital Corp. 8.00% Note is most often compared with the following Real Estate names: