Chicago Atlantic Real Estate Finance Announces Second Quarter 2025 Financial Results

About this update from Chicago Atlantic Real Estate Finance, Inc.

[{"type":"image","alt":"Chicago Atlantic Real Estate Finance, Inc.","displaySize":"","headline":null,"caption":"Chicago Atlantic Real Estate Finance, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":214,"url":"https://media.zenfs.com/en/globenewswire.com/e058adac5fcb032e082cf91edb4a379c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/TMiYR5BMV4aCblMTJ4r.og--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTMwMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/e058adac5fcb032e082cf91edb4a379c","width":300,"height":214}},"lazy":false},{"type":"text","content":"Extends Revolving Credit Facility Maturity to 2028","length":50,"tagName":"p"},{"type":"text","content":"CHICAGO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, today announced its results for the quarter ended June 30, 2025.","length":256,"tagName":"p"},{"type":"text","content":"Peter Sack, Co-Chief Executive Officer, noted, “As our second quarter results demonstrate, we are managing our loan portfolio with a disciplined focus on solid consumer and product-focused cannabis operators in limited-license states. We have backed strong management teams who are pursuing growth opportunities that meet our stringent criteria. With a pipeline of approximately $650 million of cannabis opportunities, we remain the largest capital provider to the industry. Our outlook for the second half of the year includes capitalizing on a number of opportunities in this pipeline that will enable us to redeploy recent repayments and utilize our extended revolving credit facility.”","length":689,"tagName":"p"},{"type":"text","content":"The Company also announced that on August 5, 2025, Chicago Atlantic Lincoln, LLC (“CAL”), a wholly-owned financing subsidiary of the Company, amended its secured revolving credit facility (the “Revolving Loan”) to extend the contractual maturity for an additional two-year period, from June 30, 2026, to June 30, 2028. The Company retained its option to extend the term of the Revolving Loan for an additional one-year period, provided no events of default exist and the Company provides 365 days’ notice of the extension. No other material terms of the Revolving Loan were modified as a result of the execution of the August 2025 A...

More updates from Chicago Atlantic Real Estate Finance, Inc.