Chicago Atlantic Real Estate Finance, Inc. (REFI) Tops Q2 EPS by 1c

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Chicago Atlantic Real Estate Finance Announces Second Quarter 2022 Financial Results

August 9, 2022 7:00 AM EDT

CHICAGO, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (Chicago Atlantic or the Company), a commercial real estate finance company, today announced its results for the second quarter ended June 30, 2022.

John Mazarakis, Executive Chairman of Chicago Atlantic, noted, The cannabis market fundamentals across the country continue to demonstrate that our strategy of lending to borrowers in limited-license states primarily with vertically integrated operations has created a strong investment platform and a very valuable loan portfolio. In order to protect book value while remaining conservatively levered, we have elected to... More