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Cannabis REIT Chicago Atlantic Nets $9.2M In Strong Q2, Citing Regulatory Tailwinds
Wednesday, August 7, 2024 - 12:58pm | 688Chicago Atlantic Real Estate Finance Inc. (NASDAQ:REFI), a cannabis-focused commercial real estate finance company, announced Wednesday its financial results for the second quarter ending June 30, 2024. Q2 2024 Financial Highlights Net interest income held steady at approximately $13.2 million,...
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Net Income Dip: Cannabis REIT Chicago Atlantic's Q1 2024 Financial Results Breakdown
Tuesday, May 7, 2024 - 12:18pm | 779Chicago Atlantic Real Estate Finance (NASDAQ:REFI), a cannabis-focused commercial real estate finance company, announced on Tuesday its financial results for the first quarter ended March 31, 2024. Q1 2024 Financial Highlights Net interest income stands at about $13.2 million, marking a sequential...
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Cannabis REIT Chicago Atlantic's Net Income Grows 20% YoY In 2023
Tuesday, March 12, 2024 - 8:55am | 859Cannabis-focused commercial real estate finance company Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) announced its results on Tuesday for the fourth quarter and year ended December 31, 2023. Distinguished in the cannabis market as one of the few major publicly traded capital providers,...
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More Demand For Capital From Big Weed Operators Ahead, Top Exec Shares Thoughts On Cannabis Mortgage REIT Q3 Results
Wednesday, November 8, 2023 - 11:14am | 832Cannabis-focused commercial real estate finance company Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) announced its third-quarter earnings results on Wednesday for the three months ended September 30, 2023. Q3 2023 Financial Highlights Net interest income totaled $13.7...
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Chicago Atlantic Q2 FY23 Net Income Grows 15.8% YoY, Here Are The Details
Wednesday, August 9, 2023 - 8:58am | 539Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) released its results for the second quarter ended June 30, 2023, revealing net interest income of approximately $13.7 million, representing a sequential decrease of 8.3%, and an increase of 19.9% compared to Q2 2022. Q2 2023 Financial...
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Chicago Atlantic Q1 FY23 Net Income Grows 46.3% Sequentially, Here Are The Details
Tuesday, May 9, 2023 - 9:51am | 597Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial real estate finance company, released its results for the first quarter ended March 31, 2023, revealing net interest income of approximately $14.9 million, representing a sequential increase of 1.0%, and a 52.7% increase...
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Chicago Atlantic Real Estate Finance Q4 2022 Net Income Declines Sequentially 25.7% To $7.3M
Thursday, March 9, 2023 - 11:44am | 688Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) net income in 2022 was approximately $32.3 million, or $1.82 per weighted average diluted common share. Q4 2022 Financial Highlights Net interest income of approximately $14.8 million, representing a sequential increase of 14.1%; Net...
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Cannabis Industry Lender, Chicago Atlantic Real Estate Finance Raises $6M In Direct Offering Of Common Stock
Wednesday, February 15, 2023 - 11:39am | 392Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) a commercial mortgage real estate investment trust, completed a registered direct offering of 395,779 shares of common stock at a price of $15.16 per share, raising net proceeds of approximately $6 million. Chicago Atlantic sold shares of...
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Cannabis Company MariMed Closes $35M Credit Facility To Boost Strategic Growth Plans
Tuesday, January 24, 2023 - 9:32pm | 624MariMed, Inc. (OTCQX: MRMD), a leading multi-state cannabis operator, announced it closed a $35 million secured credit facility with Chicago Atlantic Advisors, LLC as the lead lender. "I am delighted to announce the closing of this transformative credit facility (...) MariMed is known for...
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Chicago Atlantic Real Estate Finance Declares Dividend For Q4 2022
Friday, December 16, 2022 - 11:16am | 392Chicago 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 2022. The dividend, which equates to an annualized rate of...
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TerrAscend Reduces Outstanding Debt By $30M
Wednesday, November 30, 2022 - 10:26am | 464TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) announced that its subsidiary, WDB Holding MI, Inc., and all subsidiaries of TerrAscend, refinanced the existing senior secured term loan of $55.0 million previously announced on November 22, 202, pursuant to an amendment. The amendment provides for a...
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Chicago Atlantic Q3 Net Income Grows 31% Sequentially, Provides Outlook
Wednesday, November 9, 2022 - 10:18am | 766Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) released its results for the third quarter ended September 30, 2022, revealing net income of approximately $9.8 million, or $0.55 per weighted average diluted common share, representing a sequential increase of 31.0%. Q3 2022 Financial...
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Chicago Atlantic Q2 Net Income Drops Slightly, But Dividends Increase
Tuesday, August 9, 2022 - 9:29am | 755Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) released results for the second quarter ended June 30, 2022, revealing net income of approximately $7.5 million, or $0.42 per weighted average diluted common share, a decrease of 4.35% compared to $7.8 million in Q2 2021. Q2 2022 Financial...
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Chicago Atlantic Real Estate Finance Upsizes Its Revolving Credit Facility To $65M
Friday, May 13, 2022 - 5:57pm | 330Chicago Atlantic Lincoln, LLC wholly-owned financing subsidiary of Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), entered into an amended and restated loan and security agreement by and among Chicago Atlantic Lincoln and two FDIC-insured financial institutions related to upsizing its...
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Chicago Atlantic Reports Net Income Of $7.8M For Q1 2022, Higher Dividends
Thursday, May 12, 2022 - 7:55am | 464Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) released its results for the first quarter ended March 31, 2022. First Quarter 2022 Financial Results Net income of approximately $7.8 million, or $0.44 per weighted average diluted common share Total interest income of approximately $9....