Chicago Atlantic Real Estate ate Finance Inc ( (REFI) ) has shared an announcement.
On March 12, 2025, Chicago Atlantic Real Estate Finance announced its financial results for the fourth quarter and full year ended December 31, 2024. The company reported a decrease in net income and distributable earnings compared to the previous year, attributed to a decline in interest income due to a lower prime rate. Despite these challenges, the company maintained a strong loan portfolio and liquidity position, with significant investments in new and existing borrowers. The company also declared regular and special dividends for the fourth quarter of 2024, highlighting its commitment to returning value to shareholders.
More about Chicago Atlantic Real Estate ate Finance Inc
Chicago Atlantic Real Estate Finance, Inc. is a commercial mortgage real estate investment trust primarily focused on direct lending within the cannabis industry. The company emphasizes disciplined underwriting and collaboration with borrowers, positioning itself as a leading platform in the sector.
YTD Price Performance: 2.12%
Average Trading Volume: 159,910
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $311.8M
For a thorough assessment of REFI stock, go to TipRanks’ Stock Analysis page.