Chicago Atlantic Real Estate Finance Q1 2025 Update
Ticker: REFI · Form: 10-Q · Filed: May 7, 2025 · CIK: 1867949
Sentiment: neutral
Topics: 10-Q, real-estate, credit-facility
TL;DR
**Chicago Atlantic RE Finance Q1 2025: Credit facility extended, watch for subsequent events.**
AI Summary
Chicago Atlantic Real Estate Finance, Inc. filed its 10-Q for the period ending March 31, 2025. The company reported on its financial performance and operations, including details on its credit facilities and investment portfolio. Notably, the filing mentions an extension of a revolving credit facility on February 28, 2024, and subsequent events up to April 15, 2025.
Why It Matters
This filing provides insight into the financial health and strategic moves of Chicago Atlantic Real Estate Finance, Inc., impacting investors and the real estate finance sector.
Risk Assessment
Risk Level: medium — The filing details financial operations and credit facilities, which carry inherent risks in the real estate finance sector.
Key Numbers
- N/A — Total Assets (Specific dollar amounts for key financial metrics are not detailed in the provided header information.)
- N/A — Total Liabilities (Specific dollar amounts for key financial metrics are not detailed in the provided header information.)
- N/A — Net Income (Specific dollar amounts for key financial metrics are not detailed in the provided header information.)
Key Players & Entities
- Chicago Atlantic Real Estate Finance, Inc. (company) — Filer of the 10-Q
- 0000950170-25-064974 (other) — Accession Number for the filing
- 20250331 (date) — Conformed period of report
- 20250507 (date) — Filed as of date
- 001-41123 (other) — SEC File Number
- 2024-02-28 (date) — Date of revolving credit facility extension
- 2025-04-15 (date) — Date of subsequent event
FAQ
What was the nature of the revolving credit facility extension on February 28, 2024?
The filing indicates an extension of a revolving credit facility, but specific terms and conditions of the extension are not detailed in the provided header.
What are the key financial highlights for the quarter ending March 31, 2025?
The provided header information does not contain specific financial figures such as revenue, net income, or asset values for the quarter ending March 31, 2025.
What subsequent events occurred between March 31, 2025, and April 15, 2025?
The filing notes that subsequent events occurred up to April 15, 2025, but the specific details of these events are not included in the header.
What is the company's primary business sector?
Chicago Atlantic Real Estate Finance, Inc. operates in the Real Estate Investment Trusts sector, as indicated by SIC code 6798.
When was the company incorporated and in which state?
The company was incorporated in Maryland (MD).
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 7, 2025 regarding Chicago Atlantic Real Estate Finance, Inc. (REFI).