Chicago Atlantic Real Estate Finance Affirmed 2024 Outlook Issued On Mar. 12
$REFI
Real Estate Investment Trusts
Real Estate
Chicago Atlantic Real Estate Finance Affirmed 2024 Outlook Issued On Mar. 12
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/17/2024 | $20.00 | Buy | Alliance Global Partners |
| 9/5/2023 | $16.00 | Buy → Neutral | Compass Point |
| 9/1/2023 | $16.00 | Neutral | Piper Sandler |
| 1/3/2022 | $23.00 | Buy | Lake Street |
| 1/3/2022 | $26.00 | Mkt Outperform | JMP Securities |
| 1/3/2022 | $17.00 | Outperform | Oppenheimer |
| 1/3/2022 | $22.00 | Buy | Compass Point |
8-K - Chicago Atlantic Real Estate Finance, Inc. (0001867949) (Filer)
8-K - Chicago Atlantic Real Estate Finance, Inc. (0001867949) (Filer)
10-Q - Chicago Atlantic Real Estate Finance, Inc. (0001867949) (Filer)
NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the "Company") (NASDAQ:LIEN), a specialty finance company that has elected to be regulated as a business development company ("BDC"), today announced that the Company has closed a new $100 million senior secured revolving credit facility (the "Credit Facility") led by an FDIC-insured financial institution. The Credit Facility matures in March 2028 and bears interest at SOFR plus 3.00%. Scott Gordon, Executive Chairman and Co-Chief Investment Officer of the Company, commented, "We are pleased to close this new Credit Facility and secure an attractive source of additional capital from an industry-leading banking partner
CHICAGO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI), a commercial mortgage real estate investment trust ("REIT"), announced that its board of directors has declared a regular quarterly cash dividend of $0.47 per common share for the fourth quarter of 2024. The regular quarterly dividend, which equates to an annualized rate of $1.88 per common share, is payable on January 13, 2025, to shareholders of record as of the close of business on December 31, 2024. The board of directors also declared a special cash dividend of $0.18 per common share. The special dividend is required for the Company to remain in compliance with U.S. federal income t
Chicago Atlantic and Lineage Merchant Partners are proud to announce the execution of definitive merger agreements entered into by Vireo Growth Inc. ("Vireo" or the "Company") (CSE:VREO), in which Chicago Atlantic is the largest stockholder, with three leading single-state operators: Proper Cannabis (Missouri), Deep Roots Harvest (Nevada), and WholesomeCo Cannabis (Utah). The merger agreements with Wholesome and Proper include the acquisition of Arches, a cutting-edge analytics and distribution technology platform joint venture between Wholesome and Proper. In addition, the Company signed a binding memorandum of understanding to acquire The Flowery (Florida). The combined entity (assuming
Alliance Global Partners initiated coverage of Chicago Atlantic Real Estate Finance with a rating of Buy and set a new price target of $20.00
Compass Point downgraded Chicago Atlantic Real Estate Finance from Buy to Neutral and set a new price target of $16.00
Piper Sandler initiated coverage of Chicago Atlantic Real Estate Finance with a rating of Neutral and set a new price target of $16.00
NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the "Company") (NASDAQ:LIEN), a specialty finance company that has elected to be regulated as a business development company ("BDC"), today announced that the Company has closed a new $100 million senior secured revolving credit facility (the "Credit Facility") led by an FDIC-insured financial institution. The Credit Facility matures in March 2028 and bears interest at SOFR plus 3.00%. Scott Gordon, Executive Chairman and Co-Chief Investment Officer of the Company, commented, "We are pleased to close this new Credit Facility and secure an attractive source of additional capital from an industry-leading banking partner
CHICAGO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI), a commercial mortgage real estate investment trust ("REIT"), announced that its board of directors has declared a regular quarterly cash dividend of $0.47 per common share for the fourth quarter of 2024. The regular quarterly dividend, which equates to an annualized rate of $1.88 per common share, is payable on January 13, 2025, to shareholders of record as of the close of business on December 31, 2024. The board of directors also declared a special cash dividend of $0.18 per common share. The special dividend is required for the Company to remain in compliance with U.S. federal income t
CHICAGO, Nov. 07, 2024 (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 third quarter ended September 30, 2024. Peter Sack, Co-Chief Executive Officer, noted, "We have managed our portfolio and its maturities very well throughout 2024 with extensions, modifications and refinancings while improving credit quality and loan coverage. We knew this was the year to rise to this opportunity by sticking to our stringent underwriting and working collaboratively with our borrowers. I am pleased with how we have responded. A strong pipeline in bot
4 - Chicago Atlantic Real Estate Finance, Inc. (0001867949) (Issuer)
4 - Chicago Atlantic Real Estate Finance, Inc. (0001867949) (Issuer)
4 - Chicago Atlantic Real Estate Finance, Inc. (0001867949) (Issuer)
4 - Chicago Atlantic Real Estate Finance, Inc. (0001867949) (Issuer)
SC 13G - Chicago Atlantic Real Estate Finance, Inc. (0001867949) (Subject)