Chicago Atlantic Real Estate Finance

Chicago Atlantic Real Estate Finance, Inc. is a commercial mortgage real estate investment trust. It engages in a series of transactions of senior secured loans and other real estate related assets. The company was founded on March 30, 2021 and is headquartered in Chicago, IL.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Chicago Atlantic Real Estate Finance (REFI) reports robust Q4 performance amidst industry challenges

Chicago Atlantic Real Estate Finance (REFI) delivered a strong performance in Q4 2022, focusing on loan portfolio growth and shareholder returns.
Despite facing challenges from regulatory uncertainties and pricing pressures, REFI remains well-positioned to capitalize on opportunities in the cannabis industry and new market initiatives.
By emphasizing strategic originations, financial metrics, and dividend commitments, REFI is poised for continued growth and profitability in 2023.

Chicago Atlantic Real Estate Finance (REFI) excels in Q1 2023 earnings, eyes growth amidst regulatory changes

Chicago Atlantic Real Estate Finance (REFI) demonstrated a robust performance in Q1 2023, emphasizing its direct lending focus in the cannabis credit market. The company's strategic discussions on originations, interest rate strategies, and regulatory impacts highlight a proactive approach to navigating market dynamics.

Chicago Atlantic Real Estate Finance reports Q2 challenges and growth opportunities

Chicago Atlantic Real Estate Finance faced challenges in net interest income and operating expenses but maintained a strong loan portfolio.
Strategic partnerships and commitments demonstrate resilience and forward-thinking amidst industry uncertainties.
Opportunities for growth lie in exploring new states for investment and enhancing transparency in key deals.

Chicago Atlantic Real Estate Finance (REFI) excels in Q3 2023 with focus on cannabis industry

Chicago Atlantic Real Estate Finance (REFI) showcased strong financial performance and a strategic focus on the cannabis industry in Q3 2023. The company's emphasis on credit quality, disciplined underwriting, and capital provision positions it well for future growth.

Chicago Atlantic Real Estate Finance (REFI) reports strong Q4 performance and eyes cannabis industry growth

Chicago Atlantic Real Estate Finance (REFI) delivered strong financial results, showcasing growth and stability. While facing challenges in debt capital competition and regulatory impacts, the company is well-positioned to capitalize on opportunities in the cannabis sector.

Chicago Atlantic Real Estate Finance reports stable Q1 performance and eyes growth opportunities

Chicago Atlantic Real Estate Finance (REFI) delivered a solid performance in Q1 2024, showcasing financial stability, strong credit quality, and consistent earnings.
While facing challenges such as declining net interest income and potential impacts from DA rescheduling, the company remains well-positioned to navigate uncertainties.
With opportunities to explore financing activities, maintain positive relationships, and leverage its strengths, REFI is poised for sustainable growth and industry competitiveness.

Chicago Atlantic Real Estate Finance (REFI) maintains steady growth trajectory

Chicago Atlantic Real Estate Finance (REFI) demonstrated resilience and strategic financial management in Q2 2024, balancing growth prospects with risk mitigation.
The company's prudent approach to portfolio growth, efficient capital-raising strategies, and focus on high-yield assets position them for sustainable performance.
By navigating industry dynamics and leveraging opportunities in limited license states and adult-use transitions, REFI aims to drive long-term value for investors.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Chicago Atlantic Real Estate Finance, Inc. is a commercial mortgage real estate investment trust. It engages in a series of transactions of senior secured loans and other real estate related assets. The company was founded on March 30, 2021 and is headquartered in Miami Beach, FL.

AFC Gamma

Innovative Industrial Properties

NewLake Capital Partners, Inc.

Cannabis REITs initially experienced price gains but have since seen a decline in favor due to inflation and economic challenges.

The Cannabis REIT Conundrum

CHICAGO--(BUSINESS WIRE)--Chicago Atlantic has closed a $20 million facility in senior secured financing to Nova Farms, a fully integrated cannabis operator in the Northeast.

Chicago Atlantic Closes $20 Million Facility with Nova Farms

Virtus Artificial Intelligence & Technology Opportunities Fund

Ares Capital

Apollo Commercial Real Estate Finance

Barings BDC Inc

BlackRock Science and Technology Trust II

Blackstone Secured Lending Fund

Doubleline Opportunistic Credit Fund

Delek Logistics Partners

Eaton Vance Floating-Rate Income Trust

PGIM Global High Yield Fund

MidCap Financial Investment Corp

Virtus AllianzGI Convertible & Income Fund II

Neuberger Berman MLP Income Fund, Inc.

Pimco High Income Fund

PennantPark Investment

LMP Capital and Income Fund

Western Asset Diversified Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Total Annual Passive Dividend Income  $10,898.00    ALERT: Today Could Be Your Best Shot At Early Retirement (Sponsored) If you want to retire before 65, pay attention.

Want $10,500 In Passive Income, Invest $5,000 Into Each of These Dividend Stocks

The U.S. cannabis industry is on the brink of something big, drawing attention from investors far and wide. As laws evolve, this market gears up for an impressive leap forward in top marijuana stocks. Enter Cannabis REITs – these are your golden tickets to dip your toes into the cannabis pool without the wild ride of direct stock investments. Also, they lend a helping hand to cannabis companies by providing much-needed real estate capital, crucial for their growth and operations. This week, a handful of top Cannabis REITs are making waves thanks to their solid portfolios and intelligent market moves. They're worth watching for anyone interested in tapping into the industry's potential without getting too caught up in its volatility.

Green Real Estate Boom: Must-See Cannabis REITs for Q3 2024

CHICAGO, March 15, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust, announced that its board of directors has declared a regular quarterly cash dividend of $0.47 per share for the first quarter of 2024. The regular quarterly dividend, which equates to an annualized rate of $1.88 per common share, is payable on April 15, 2024, to shareholders of record as of the close of business on March 28, 2024.

Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the First Quarter of 2024

Chicago Atlantic Real Estate Finance, Inc. (REFI) Q4 2023 Earnings Call Transcript

CHICAGO, March 12, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, today announced its results for the fourth quarter and year ended December 31, 2023. John Mazarakis, Executive Chairman of Chicago Atlantic noted, “The improvement in the regulatory landscape has fed new investment opportunities for us while significantly improving the equity value of many of our borrowers.

Chicago Atlantic Real Estate Finance Announces Fourth Quarter 2023 Financial Results

Brooge Energy Limited

Looking for some good microcap stocks? Investing in a microcap stock can be a rollercoaster ride for the risk-averse, but also offers the promise of significant gains in short timeframes.

What is a Microcap Stock? Everything You Need to Know

Arbor Realty Trust

CBRE Global Real Estate Income Fund

Annaly Capital

PIMCO Dynamic Income Fund

About the Author: Amit Nar has an intense passion for the stock market and would love to hear from you on X @alphaintelligence or on The Market Institution discord where he is an instructor.

Want $3000 in passive income? Invest $5000 into these 6 dividend stocks

This week, the spotlight shines on top Cannabis Real Estate Investment Trusts (REITs), pivotal players in the burgeoning U.S. cannabis sector. As state-level legalization expands, these REITs offer investors a unique entry point. They finance the growth of dispensaries and cultivation centers. The promise of high yields magnifies this sector's allure, especially in a market carving its niche amidst regulatory challenges. Investors are keenly watching these REITs. Overall, they seek to capitalize on the industry's upward trajectory. Their performance is a barometer for the sector's health and potential.

Cultivating Returns: The Best Cannabis REITs of March 2024

Chicago Atlantic Real Estate Finance, Inc. specializes in originating and investing in senior secured loans to state-licensed cannabis operators. The company reported solid financial performance in 2023Q3. It also has low leverage, strong liquidity, and an attractive loan portfolio.

Chicago Atlantic Real Estate Finance: Worth Adding At A Lower Price

This week, interest in Cannabis Real Estate Investment Trusts (REITs) is growing. They provide a distinctive way to enter the cannabis industry. These REITs support the expanding real estate sector by providing infrastructure. Retailers, processors, and cultivators rent space from them. With this arrangement, investors may learn about cannabis without having to get hands-on experience with growing or selling it. In general, these REITs may profit from higher demand for specialist properties as the industry grows.

Top Cannabis REITs to Keep on Your Radar Before March 2024

AGNC Investment

CION Investment Corp

CVR Energy

Starwood Property

Work smarter, not harder, says the adage. Passive income is derived from ownership rather than labor or active involvement in an enterprise.

Want $1000 in Passive Income? Invest $1500 in These 5 Stocks

Top marijuana stocks Cannabis Real Estate Investment Trusts (REITs) are gaining attention in the investment community. They offer a unique entry point into the burgeoning cannabis industry. Additionally, by focusing on the real estate aspect, they provide investors exposure without direct involvement in cultivation or sales. This week, several top Cannabis REITs are on investors' watchlists. In general, they're known for stable dividends and growth potential. Their performance is closely tied to the expanding legal cannabis market in the U.S.

Best Cannabis REITs for Investors Watchlist In 2024

Finding a good financial advisor today may be the key to a richer tomorrow. With bonds yielding 5% (or more!

5 Total Return Champions With 10% and Higher Yields

As we step into mid-January 2024, the world of Cannabis Real Estate Investment Trusts (REITs) offers a fascinating opportunity for investors. In general, these trusts specialize in owning and managing properties designed for the thriving cannabis industry. With the U.S. cannabis market expanding rapidly, these REITs stand out for those looking for high-yield dividend stocks. In the past year, the U.S. cannabis industry hit a remarkable $30 billion in market size, and it's expected to keep growing at a rate of 21% annually until 2030. Also, this booming growth makes cannabis REITs an attractive choice for long-term investment, especially with their dividends often being more generous compared to traditional REITs.

Cannabis Industry's Real Estate Goldmine: Leading REITs in 2024

The U.S. cannabis industry and top marijuana stocks are rapidly evolving. In 2023, legal sales hit a record high. Growth is expected to continue in 2024. Additionally, this makes cannabis-related Real Estate Investment Trusts (REITs) a unique investment opportunity.

The 2024 Cannabis REIT Watchlist: Secure Investments in a Growing Market

Apple Hospitality REIT

Brookfield Corp

Brookfield Property Partners L.P.

Brookfield Property Partners L.P. - 6.50% PRF PERPETUAL USD 25 - Ser 1 Cls A

Boston Properties

Diversified Healthcare Trust

Franklin BSP Realty Trust Inc

Granite Point Mortgage Trust

Hannon Armstrong Sustainable Infrastructure Capital

Highwoods Properties

Invesco Mortgage Capital

Medical Properties Trust

Pebblebrook Hotel Trust

Park Hotels & Resorts

iShares Mortgage Real Estate ETF

Rayonier

TPG RE Finance Trust

Two Harbors Investment

Vici Properties

Vornado Realty Trust

Veris Residential

U.S. equity markets extended their winning streak to an eighth week - the longest in five years - after inflation data both domestically and abroad showed a further cooling of price pressures. Extending its weekly winning streak to the longest since 2017, the S&P 500 posted gains of another 0.9% on the week, lifting the benchmark to within 1% of record highs. Pushing their eight-week rebound to over 25%, the Equity REIT Index gained 0.6% this week, with 9-of-18 property sectors in positive territory, while the Mortgage REIT Index gained 1.3%.

Disinflation: A Gift That Keeps Giving

CHICAGO--(BUSINESS WIRE)--Chicago Atlantic announced today the funding of a $16 million senior secured term loan to Margo, a cryptocurrency ATM operator that provides a secure and convenient way to instantly turn cash into digital currency. Chicago Atlantic's capital investment will help support Margo's growing kiosk network. “Margo is redefining the way consumers interact with digital currency, shaping the future of financial literacy by making cryptocurrency more accessible. We couldn't think.

Chicago Atlantic Funds Margo Bitcoin ATM Network

As we approach the end of 2023, the spotlight turns to the top Cannabis Real Estate Investment Trusts (REITs), a niche but burgeoning sector in the investment world. With long-term investing gaining momentum, these high-yielding dividend stocks are increasingly attractive. The allure lies in their stable income streams. This is particularly significant in the volatile cannabis market.

2024's High Yield Harvest: Leading Cannabis REITs for Sustained Growth

CHICAGO, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust, announced that its board of directors has declared a regular quarterly cash dividend of $0.47 per share for the fourth quarter of 2023. The regular quarterly dividend, which equates to an annualized rate of $1.88 per common share, is payable on January 12, 2024, to shareholders of record as of the close of business on December 29, 2023.

Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Fourth Quarter of 2023

Chicago Atlantic Real Estate Finance has kept its dividend stable and currently pays out $0.47 per share for a 12.4% dividend yield. This was 115% covered by fiscal 2023 third-quarter diluted EPS of $0.54 per share. The mREIT has an extremely low debt-to-equity ratio but faces top 5 concentration risk.

Chicago Atlantic Real Estate Finance: Is The 12.4% Yield From Cannabis Credit Investable?

The United States cannabis industry and top marijuana stocks are experiencing an unprecedented boom, leading to lucrative opportunities for long-term investors. In general, Cannabis Real Estate Investment Trusts (REITs) have emerged as a key player in this expanding market. These trusts, specializing in acquiring and managing properties related to cannabis operations, offer a unique blend of growth and income. They expose investors to the burgeoning cannabis sector through high dividend yields.

Cannabis Real Estate Goldmine: The Top Marijuana REITs to Consider

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI ) Q3 2023 Earnings Conference Call November 8, 2023 9:00 AM ET Company Participants Tripp Sullivan - Investor Relations John Mazarakis - Executive Chairman Anthony Cappell - Chief Executive Officer Andreas Bodmeier - Co-President and Chief Investment Officer Peter Sack - Co-President Phil Silverman - Interim Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler & Co. Mark Smith - Lake Street Capital Markets Harry Sullivan - SCR Partners Operator Good day, and thank you for standing by. Welcome to the Chicago Atlantic Real Estate Finance, Inc. Third Quarter 2023 Earnings Call.

Chicago Atlantic Real Estate Finance, Inc. (REFI) Q3 2023 Earnings Call Transcript

CHICAGO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, today announced its results for the third quarter ended September 30, 2023.

Chicago Atlantic Real Estate Finance Announces Third Quarter 2023 Financial Results

News for Chicago Atlantic Real Estate Finance Stock (REFI)