Item 1.01. — Material Definitive Agreement On July 21, 2025, LTC Properties, Inc. (“ LTC”) entered into a new unsecured Credit Agreement (the “ Credit Agreement”) to refinance LTC’s prior unsecured Third Amended and Restated Credit Agreement dated November 19, 2021, as amended (the “ Prior Credit Agreement”). Under the Credit Agreement, the aggregate initial revolving credit commitments of the Lenders identified below is $600.0 million. The Credit Agreement permits LTC to request an increase to the revolving credit commitments or to request a new term loan commitment in an aggregate amount not to exceed $600.0 million, for a total maximum commitment of up to $1.2 billion under the Credit Agreement. The Credit Agreement will mature on July 21, 2029 and provides for a one-year extension option for the revolving credit facility at LTC’s discretion, subject to customary conditions. As a result of the refinancing, as of July 21, 2025, LTC had $275.6 million outstanding under the new Credit Agreement at a variable rate currently of SOFR plus 110 basis points and a facility fee of 15 basis points. The term loan facilities under the Prior Credit Agreement have been repaid in full. In connection with the Prior Credit Agreement, LTC entered into interest rate swap agreements, which will remain in effect, to effectively fix the interest rate on $100.0 million under the Credit Agreement at 2.27% and 2.41% per annum until November 19, 2025 and November 19, 2026, respectively, based upon the Credit Agreement’s stated applicable margins. The following financial institutions are participants in the Credit Agreement: KeyBank National Association, as Administrative Agent and L/C Issuer, and KeyBank National Association, Wells Fargo Bank, National Association, Citizens Bank, N. A., The Huntington National Bank, Royal Bank of Canada and U. S. Bank National Association, as Lenders. In addition, KeyBanc Capital Markets, Inc., Wells Fargo Securities, LLC and Citizens Securities, Inc., are serving as Joint Lead Arrangers and Joint Book Runners, Wells Fargo Bank, National Association and Citizens Bank, N. A. are serving as Co-Syndication Agents, The Huntington National Bank, is serving as Documentation Agent, and Royal Bank of Canada, is serving as Sustainability Agent. A copy of the Credit Agreement is filed asExhibit 10.1hereto and is hereby incorporated by reference. The above summary of the Credit Agreement is qualified in its entirety by reference to such a document. The Credit Agreement contains customary representations, warranties, and agreements. The representations, warranties, and covenants contained in the Credit Agreement were made only for purposes of such agreement and as of specific dates, were solely for the benefit of the parties to the Credit Agreement and may be subject to certain limitations agreed upon by such parties. The representations, warranties, and covenants in the Credit Agreement should be read only in conjunction with the other information that LTC makes publicly available in reports, statements, and other documents filed with the Securities and Exchange Commission.

Item 9.01. — Financial Statements and Exhibits 10.1 Credit Agreement dated as of July 21, 2025. ────────────────────────────────────────────────────────────────────────────────────────────────────── 104 Cover Page Interactive Data File. Formatted in Inline XBRL and contained in exhibit 101. SIGNATURE