Chicago Atlantic Real Estate Finance, Inc.
52W $10.99 – $15.08
Chicago Atlantic Real Estate Finance, Inc.
Chicago Atlantic Real Estate Finance, Inc. (REFI) reported net income of $36.0 million for fiscal year 2025, driven by net interest income of $55.4 million from interest income of $62.9 million and interest expense of $7.5 million. Total expenses were $19.5 million, including management and incentive fees of $8.2 million, general and administrative expense of $5.3 million, professional fees of...
Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. It originates, structures, and invests in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company offers senior loans to state-licensed operators and property owners in the cannabis industry. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2021 and is based in Chicago, Illinois.