Chicago Atlantic Real Estate
About Chicago Atlantic Real Estate
Chicago Atlantic Real Estate Finance is a NASDAQ-listed REIT providing mortgage loans and other real estate financing to licensed cannabis operators, with a portfolio concentrated in limited-license state markets.
Key Facts
- 1Trades on NASDAQ under REFI with a focus on cannabis lending in limited-license states where operator cash flows are more predictable
- 2Portfolio includes loans to operators in high-value markets like Illinois, Pennsylvania, and Florida
Latest News
REFI Mortgage Rates Signal Cannabis Real Estate Financing Shift
Chicago Atlantic's lending rates reflect broader cannabis property financing trends as federal policy uncertainty continues impacting sector valuations.
REFI Q1 Earnings: Cannabis REIT Faces Margin Pressure Amid Rate Cuts
Chicago Atlantic's first quarter shows declining yields as Fed policy shifts reshape cannabis real estate financing landscape
REFI Q1 Earnings: Cannabis REIT Faces Headwinds Amid Industry Shift
Chicago Atlantic Real Estate Finance reports mixed Q1 results as cannabis real estate fundamentals weaken across key markets
REFI Plunges Near 52-Week Low Amid Cannabis REIT Headwinds
Chicago Atlantic Real Estate Finance trades at $11.49, just 1.1% above its 52-week low as cannabis REIT faces mounting sector pressures.
Chicago Atlantic Real Estate Finance Hovers Near 52-Week Low
REFI trades at $11.39, just 2% above its annual floor amid REIT sector headwinds and cannabis real estate market challenges.
Frequently Asked Questions
Why does Chicago Atlantic focus on limited-license states?
Limited-license states restrict the number of operators, creating more predictable revenue streams and stronger collateral positions for lenders.
What is Chicago Atlantic's typical loan size?
The company typically originates loans ranging from $10M to $80M+ for established cannabis operators with strong market positions.
More Cannabis Companies in Chicago
Cannabis Laws
Products
- Mortgage Loans
- Construction Financing
- Bridge Loans
Specialties
Company Details
- Type
- Distributor
- Location
- Chicago, IL, United States
- Founded
- 2021
- Publicly Traded
- Yes
- Ticker
- NASDAQ:REFI