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 Merger Into Chicago Atlantic BDC Reshapes Cannabis Lending Space
Chicago Atlantic Real Estate Finance agrees to merge with its sister company Chicago Atlantic BDC, consolidating cannabis-focused lending operations under one entity.
REFI Mortgage Trends Signal Shifting Cannabis Real Estate Dynamics
Purchase mortgage rates dropping below refinance levels creates new opportunities for cannabis real estate financing as industry property valuations stabilize.
REFI Cannabis Lending Rates Diverge as Mortgage Market Shifts
Chicago Atlantic's cannabis real estate financing faces new dynamics as purchase rates climb above refinancing levels, impacting borrower behavior.
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