Chicago Atlantic Real Estate Finance Inc. (NASDAQ: REFI) announced its financial results for the second quarter of 2025, ending June 30, 2025. The company reported a net interest income of approximately $14.42 million, translating to $0.67 per share. This represents an increase from the previous quarter, which saw a net interest income of $13.04 million or $0.61 per share, and also an increase from the same quarter last year which had a net interest income of $13.18 million or $0.66 per share. Total expenses before provision for expected losses were approximately $4.57 million, equating to $0.21 per share. This marks an increase compared to the previous quarter's expenses of $4.07 million or $0.19 per share, and shows a slight rise from the $4.27 million or $0.21 per share recorded in the second quarter of 2024. The company extended its revolving credit facility maturity to 2028, maintaining its focus on managing a disciplined loan portfolio with a concentration on consumer and product-focused cannabis operators in limited-license states. Chicago Atlantic affirmed its 2025 outlook that was previously issued in March 2025. The company continues to explore growth opportunities within the cannabis sector with a robust pipeline of approximately $650 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chicago Atlantic Real Estate Finance Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-072809), on August 07, 2025, and is solely responsible for the information contained therein.
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