Chicago Atlantic Real Estate Finance (REFI) Loans - Net (2022 - 2026)

Chicago Atlantic Real Estate Finance's (REFI) quarterly Loans - Net came in at $400.6 million in Q1 2026, up 1.1% year-on-year from $396.2 million in Q1 2025, and down 0.83% quarter-over-quarter from $403.9 million in Q4 2025.

Chicago Atlantic Real Estate Finance (REFI) Loans - Net (2022 - 2026) Analysis & Trends

Chicago Atlantic Real Estate Finance has disclosed Loans - Net across 5 years of filings, most recently posting $400.6 million for Q1 2026.

  • Loans - Net for Q1 2026 came in at $400.6 million, up 1.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $400.6 million (up 1.1% YoY), and the FY2025 annual result was $403.9 million, up 1.45% from the prior year.
  • Loans - Net came in at $400.6 million for Q1 2026 at Chicago Atlantic Real Estate Finance, down from $403.9 million in the prior quarter.
  • In the past five years, Loans - Net ranged from a high of $409.6 million in Q2 2025 to a low of $333.7 million in Q3 2023.
  • The 5-year median for Loans - Net is $384.9 million (2024), against an average of $376.4 million.
  • Across the five-year window, Loans - Net advanced 14.19% in 2024 and gained 1.1% in 2026, its largest moves.
  • Chicago Atlantic Real Estate Finance's Loans - Net stood at $335.3 million in 2022, then advanced by 3.98% to $348.7 million in 2023, then increased by 14.19% to $398.1 million in 2024, then gained by 1.45% to $403.9 million in 2025, then decreased by 0.83% to $400.6 million in 2026.
  • The last three Loans - Net figures came in at $400.6 million (Q1 2026), $403.9 million (Q4 2025), and $393.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Loans - Net (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 7.23 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - -
3 Starwood Property Trust 6.25 Bn 6.25 Bn - -
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - -
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -
10 Chicago Atlantic Real Estate Finance 237.79 Mn 209.93 Mn - 400.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 400.56 Mn
Mar 31, 2026 400.56 Mn
Dec 31, 2025 403.89 Mn
Dec 31, 2025 403.89 Mn
Sep 30, 2025 393.06 Mn
Sep 30, 2025 393.06 Mn
Jun 30, 2025 409.55 Mn
Jun 30, 2025 409.55 Mn
Mar 31, 2025 396.18 Mn
Mar 31, 2025 396.18 Mn
Dec 31, 2024 398.13 Mn
Dec 31, 2024 398.13 Mn
Sep 30, 2024 350.58 Mn
Sep 30, 2024 350.58 Mn
Jun 30, 2024 376.78 Mn
Jun 30, 2024 376.78 Mn
Mar 31, 2024 370.49 Mn
Mar 31, 2024 370.49 Mn
Dec 31, 2023 348.67 Mn
Dec 31, 2023 348.67 Mn