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
Chicago Atlantic Real Estate Finance Nears 52-Week Low at $11.39
REFI trades within 2% of yearly bottom as cannabis REIT faces headwinds from sector challenges and interest rate pressures.
Chicago Atlantic Real Estate Finance Nears 52-Week Low at $11.69
REFI trades within 2% of yearly bottom as cannabis REIT faces headwinds from sector challenges and rising interest rates.
REFI Q1 Call Reveals Cannabis REIT's Strategic Pivot Amid Rate Pressure
Chicago Atlantic's earnings discussion exposes how rising rates challenge cannabis real estate financing models while management explores new growth avenues.
Chicago Atlantic REIT Slides Near 52-Week Low Amid Cannabis Headwinds
REFI trades at $11.82, just 1.7% above its annual low as cannabis real estate faces mounting pressure from regulatory uncertainty and sector consolidation.
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