Chicago Atlantic Real Estate Finance, Inc.
Chicago Atlantic Real Estate Finance is a commercial mortgage real estate investment trust that originates, structures and invests in first mortgage loans and alternative structured financings secured by commercial real estate. Its portfolio consists primarily of senior loans to state-licensed cannabis operators, with collateral that may include real estate, equipment, receivables, licenses and other permitted assets. Borrowers include cultivators, processors, retailers, distributors, vertically integrated firms and businesses serving the cannabis industry in the U.S. and Canada. The company may also invest in businesses outside cannabis, as well as mezzanine loans and preferred equity. Chicago Atlantic makes money through income and fees from its lending and other investments. Its loans are generally secured and often include required amortization payments. The company is externally managed by Chicago Atlantic REIT Manager, LLC, which manages its loan portfolio and day-to-day operations. Chicago Atlantic Real Estate Finance is headquartered in Chicago, Illinois.
No enriched coverage for $REFI in the last 7 days.
No SEC Form 4 filings for $REFI in the last 30 days.
See all $REFI insider activity →Mazarakis John (Executive Chairman) purchased 47,711 shares of Chicago Atlantic Real Estate Finance, Inc. (REFI) at an average of $10.67 ($10.67–$10.67, $0.51M total) across 2 trades over 2026-08-26 to 2026-08-27.
Mazarakis John (Executive Chairman) purchased 145 shares of Chicago Atlantic Real Estate Finance, Inc. (REFI) at $10.67 on 2026-08-21.
Sack Peter (Co-Chief Executive Officer) purchased 5,000 shares of Chicago Atlantic Real Estate Finance, Inc. (REFI) at an average of $10.44 ($10.39–$10.53) across 3 trades over 2026-08-18 to 2026-08-19.
Recent REFI coverage spans insider activity, earnings and mergers & acquisitions.
Small insider purchase, unlikely to move price materially.
Minor insider purchase, unlikely to move price.
Small insider purchase signals confidence but limited market impact.
Insider purchase signals confidence and may support short‑term price stability.
Insider purchase signals confidence from the co-CEO, potentially supporting the stock.
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Mazarakis John (Executive Chairman) purchased 47,711 shares of Chicago Atlantic Real Estate Finance, Inc. (REFI) at an average of $10.67 ($10.67–$10.67, $0.51M total) across 2 trades over 2026-08-26 to 2026-08-27.
Mazarakis John (Executive Chairman) purchased 145 shares of Chicago Atlantic Real Estate Finance, Inc. (REFI) at $10.67 on 2026-08-21.
Sack Peter (Co-Chief Executive Officer) purchased 5,000 shares of Chicago Atlantic Real Estate Finance, Inc. (REFI) at an average of $10.44 ($10.39–$10.53) across 3 trades over 2026-08-18 to 2026-08-19.
Mazarakis John (Executive Chairman) purchased 25,000 shares of Chicago Atlantic Real Estate Finance, Inc. (REFI) at $10.25 ($0.26M total) on 2026-08-17.
Cappell Anthony (Co-Chief Executive Officer) purchased 45,000 shares of Chicago Atlantic Real Estate Finance, Inc. (REFI) at $10.40 ($0.47M total) on 2026-08-17.
Chicago Atlantic Real Estate Finance (REFI) reported Q2 2026 earnings with net interest income down 2.2% to $12.8M, but loan principal up to $453.1M. Earnings per share were $0.44, below the $0.47 dividend. Management highlighted a merger with Chicago Atlantic BDC and expansion into retail sale-leaseback via Koach Capital, maintaining full-year dividend outlook.
Chicago Atlantic BDC, Inc. (LIEN) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Chicago Atlantic BDC, Inc. Reports Second Quarter 2026 Financial Results NEW YORK, August 13, 2026 — Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, t
Chicago Atlantic Real Estate Finance (REFI) reported Q2 2026 distributable earnings of $0.44 per share, below the dividend, citing timing of $16.3 million in early loan prepayments. Management discussed a proposed merger with LIEN expected in Q4 2026, a Koach Capital cannabis sale-leaseback exposure, and a 90% to 100% payout target for 2026.
Chicago Atlantic Real Estate Finance, Inc. (REFI) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Chicago Atlantic Real Estate Finance Announces Second Quarter 2026 Financial Results CHICAGO— (August 11, 2026) Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI, “Chicago Atlantic”, “REFI” or the “Company”), a commercial mortgage real estate investment trust,
Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) completed second-lien financing for 32 cannabis retail properties managed by Koach Properties Manager. REFI issued 4,306,754 shares at $14.53 each for about $62.5M of second-lien notes. Notes pay 10% cash interest plus 2% incremental PIK, with a 2.5x exit fee and ~12-year maturity.
