Chicago Atlantic Real Estate Finance (REFI) Loans - Net (2022 - 2026)
Chicago Atlantic Real Estate Finance (REFI) reported Loans - Net of $400.6 million for Q1 2026, up 1.1% on a YoY basis from $396.2 million in Q1 2025, and down 0.83% sequentially from $403.9 million in Q4 2025.
Chicago Atlantic Real Estate Finance (REFI) Loans - Net (2022 - 2026) Analysis & Trends
Chicago Atlantic Real Estate Finance (REFI) has 5 years of Loans - Net data on file, last reported at $400.6 million in Q1 2026.
- For the quarter ending Q1 2026, Loans - Net rose 1.1% year-over-year to $400.6 million; the trailing twelve-month figure through Mar 2026 stood at $400.6 million (up 1.1% YoY), and the FY2025 full-year result was $403.9 million, up 1.45% from the prior year.
- Loans - Net eased to $400.6 million in Q1 2026, 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.
- A 5-year average of $376.4 million and a median of $384.9 million in 2024 frame the typical range for Loans - Net.
- Across the five-year window, Loans - Net advanced 14.19% in 2024 and gained 1.1% in 2026, its largest moves.
- Tracing REFI's Loans - Net over 5 years: stood at $335.3 million in 2022, then gained by 3.98% to $348.7 million in 2023, then grew by 14.19% to $398.1 million in 2024, then rose by 1.45% to $403.9 million in 2025, then retreated by 0.83% to $400.6 million in 2026.
- Business Quant data shows REFI's Loans - Net at $400.6 million in Q1 2026, $403.9 million in Q4 2025, and $393.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 7.23 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | - |
| 10 | Chicago Atlantic Real Estate Finance | 212.49 Mn | 184.63 Mn | - | 400.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |