Sachem Capital extends $50M Needham Bank credit facility to March 2028, with conditional option to March 2029

Sachem Capital Corp.

Amendment No. 2 extends maturity of $50M revolving credit facility from March 2, 2026 to March 2, 2028.
Conditional one-year extension to March 2, 2029 is available if lenders consent and no Event of Default exists.
Borrower pays $150,000 extension fee to lenders, fully earned on effective date January 21, 2026.
All other terms of the Credit, Security and Guaranty Agreement remain unchanged.
Needham Bank remains administrative agent; SN Holdings, LLC is borrower, Sachem Capital is guarantor.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Sachem Capital Corp. amended Amendment No. 2 with Needham Bank (effective 2026-01-21).

Action: amendment
Agreement: credit facility
Counterparty: Needham Bank
Effective: 2026-01-21

Exact text from the filing

On January 21, 2026, Sachem Capital Corp. (the “Company”) entered into Amendment No. 2 (“Amendment No. 2”) to the Credit, Security and Guaranty Agreement, among the Company, as the guarantor, SN Holdings, LLC, a Connecticut limited liability company and wholly owned subsidiary of the Company, as the borrower, Needham Bank, a Massachusetts co-operative bank, as the administrative agent for the lenders party thereto with respect to the $50 million revolving credit facility (the “Needham Credit Facility”).

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Source: SEC EDGAR

accession 0001682220-26-000004

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