Sachem Capital Corp.(SACH)Stock Analysis

Quirks, history, and lore behind SACH — the kind of stuff that makes a stock memorable.

• 1
  The Basics

  A small-cap company in the real estate finance sector · listed on NYSE American · headquartered in Connecticut.
• 2
  The Numbers

  With a portfolio in the hundreds of millions of dollars, it punches well above its weight for a micro-cap mortgage REIT — but interest-rate swings keep investors on their toes.
• 3
  The History

  Founded in the mid-2010s, it went public relatively recently and built its book quickly by focusing on a corner of lending that big banks largely avoid: short-term bridge loans.
• 4
  The Secret

  It doesn't flip houses or collect rent — it lends money to real estate investors at high rates, secured by the property itself, and collects the interest as income distributed to shareholders.
• 5
  The Lore

  Its borrowers are mostly fix-and-flip and buy-to-rent investors in the northeastern U.S. — the kind of deals that close in days, not months, because speed is the whole product.
• 6
  The Giveaway

  A Connecticut-based hard-money mortgage REIT whose ticker is also the name of a Native American tribal nation — and whose investors mostly just want that double-digit dividend yield.