Detail akcie Sachem Capital Rg online

Business Summary: Sachem Capital Corp. is a mortgage real estate investment trust (REIT) that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term secured, nonbanking loans to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. Its typical borrower is a real estate investor or developer who uses the proceeds of the loan to fund its acquisition, renovation, rehabilitation, development and/or improvement of residential or commercial properties and that are held for investment or sale. The properties securing the loans are generally classified as residential or commercial real estate and, typically, are held for resale or investment. Its loans are referred to in the real estate finance industry as hard money loans. The Company also makes opportunistic real estate purchases apart from its lending activities.
Financial Summary: BRIEF: For the three months ended 31 March 2025, Sachem Capital Corp revenues decreased 32% to $11.4M. Net loss applicable to common stockholders totaled $213K vs. income of $3.6M. Revenues reflect Interest income from loans decrease of 38% to $7.9M, Fee income from loans decrease of 46% to $1.4M, Other investment income decrease of 98% to $6K. Net loss reflects (Loss) gain on equity securities increase from $397K (income) to $125K (expense).