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Cannabis REIT Chicago Atlantic's Net Income Grows 20% YoY In 2023

Benzinga ·  Mar 12 08:55

Cannabis-focused commercial real estate finance companyChicago Atlantic Real Estate Finance, Inc.(NASDAQ:REFI) announced its results on Tuesday for thefourth quarter and year ended December 31, 2023.

Distinguished in the cannabis market as one of the few major publicly traded capital providers, Chicago Atlantic canfund a $350 million loan book and a history of closing $2 billion in loans,including syndications, Zuanic & Associates' (Z&A) recent report reads. Z&A recently initiated coverage of Chicago Atlantic with an Overweight rating

The company reported on Tuesdaytotal loan commitments of roughly $378.8 million – including $371.3 million funded and $7.5 million in future fundings – as...

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