---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-098922"
form_type: "8-K"
ticker: "SACH"
cik: "0001682220"
company_name: "Sachem Capital Corp."
filed_at: "2024-09-11T23:59:59+00:00"
generated_at: "2026-05-31T05:27:34.142284+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sachem Capital acquires 20% stake in Shem Creek Capital for $5M with option for additional 10%

## Summary
- Acquired 20% membership interest in Shem Creek Capital, LLC (manager of Shem private credit funds) for $5M.
- Option to acquire up to additional 10% interest by early 2027 at a set valuation.
- Shem focuses on first mortgage loans on commercial real estate in Northeast US, including value-add multifamily and workforce housing.
- Sachem previously invested ~$47M with Shem, generating double-digit returns with no losses to date.
- CEO says investment diversifies business model and expands into asset management.

## SEC filing metadata
- accession: 0001104659-24-098922
- form_type: 8-K
- ticker: SACH
- cik: 0001682220
- company_name: Sachem Capital Corp.
- filed_at: 2024-09-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682220/000110465924098922/0001104659-24-098922-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682220/000110465924098922/tm2423818d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-098922
- JSON: https://secwatch.observer/filing/0001104659-24-098922.json
- Plain text: https://secwatch.observer/filing/0001104659-24-098922.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.