SACH-PA AMEX

Sachem Capital Corp. functions as a financial entity focused on real estate. The company actively creates, evaluates, provides capital for, administers, and supervises a range of short-term loans. These loans are primarily secured by first-position mortgages on properties, predominantly located in the Northeastern United States and Florida. It supplies capital to real estate investors and property owners to support the purchase, refurbishment, renovation, construction, or enhancement of either residential or commercial holdings. Sachem Capital Corp. has opted for taxation as a Real Estate Investment Trust (REIT), thereby avoiding federal income tax, provided it distributes at least 90% of its annual taxable profits to its shareholders. Established in 2010, the company's base of operations is in Branford, Connecticut.