Sachem Capital Corp
1.44 %
-70.78 %
Yet to be announced
Company Overview
Sachem Capital Corp is a real estate finance company that specializes in originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property. The company primarily engages in lending to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties.
The company operates as a real estate investment trust (REIT) and generates revenue primarily through interest income from its loan portfolio and fee income related to loan origination and processing.
Revenue Sources
FailBased on SEC filings and company reports, Sachem Capital Corp's primary business model revolves around mortgage lending and earning interest income from these loans. The company's core business is providing loans and earning interest, which is considered a haram source of income in Islamic finance.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|
While specific interest expense figures are not directly provided in the given financial data, the company's business model as a mortgage REIT fundamentally depends on the spread between borrowing costs and lending rates. The company borrows money at lower rates and lends it at higher rates, making interest central to their operations and business model.
Operational Ethics
PassBased on available information from SEC filings and company documentation, there is no evidence of significant ongoing associations with entities involved in human rights violations such as the state of Israel or the Chinese Communist Party.
Login to join the discussion