None
DE
Chicago Atlantic Real Estate Finance Q2 Earnings Call Highlights
['Logan Wallace']
Ticker Report
Chicago Atlantic Real Estate Finance (NASDAQ:REFI) reported second-quarter distributable earnings of $0.44 per basic weighted average common share, below its $0.47 quarterly dividend, as early loan repayments temporarily delayed the redeployment of capital.
President and Chief Operating Officer David Kite said Chicago Atlantic Real Estate Finance’s loan portfolio totaled approximately $453 million across 26 portfolio companies at June 30.
Chicago Atlantic had $90.1 million outstanding under its senior secured revolving credit facility and $49.5 million outstanding on its unsecured term loan.
Silverman said Chicago Atlantic expects to maintain a dividend payout ratio of 90% to 100% of basic distributable earnings for the 2026 tax year, notwithstanding the proposed merger.
About Chicago Atlantic Real Estate Finance (NASDAQ:REFI)Chicago Atlantic Real Estate Finance, Inc (NASDAQ:REFI) is a publicly listed real estate finance company that specializes in originating and acquiring commercial real estate debt.