Sachem Capital Corp. is a real estate finance company, which engages in the provision of real estate investment trust services. The company is headquartered in Branford, Connecticut and currently employs 31 full-time employees. The company went IPO on 2017-02-10. The firm is specialized in originating, underwriting, funding, servicing and managing a portfolio of short-term (three years or less) loans secured by first mortgage liens on real property located primarily in the Northeastern and Southeastern United States and may also be secured with additional collateral, such as other real estate owned by the borrower or its principals, a pledge of the ownership interests in the borrower by the principals thereof, and/or personal guarantees by the principals of the borrower. 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 that are held for investment or sale. The mortgaged property may or may not be income-producing. Its loans are referred to in the real estate finance industry as hard money loans.