Sachem Capital Corp is a public company focused on providing real estate financing solutions, primarily targeting short-term loans for residential and commercial properties. The company specializes in hard money lending, offering capital to real estate investors and developers who require quick access to funding for their projects, including property acquisitions, renovations, and construction. By leveraging a streamlined approval process and a deep understanding of the real estate market, Sachem Capital aims to facilitate efficient financing options that cater to the specific needs of its clients, contributing to the growth and success of their real estate ventures. Read More
Sachem Capital has seen its shares annihilated as of late, having declined almost 80% from their 2022 high. This puts it at a 73% discount to book value, making it an enticing investment from a value standpoint. However, it has raised some red flags.
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