Chicago Atlantic Real Estate Finance (REFI) Notes Payables (2021 - 2026)

Chicago Atlantic Real Estate Finance (REFI) reported Notes Payables of $1.2 million for Q1 2026, down 51.1% on a YoY basis from $2.5 million in Q1 2025, and up 48.76% sequentially from $834977.0 in Q4 2025.

Chicago Atlantic Real Estate Finance (REFI) Notes Payables (2021 - 2026) Analysis & Trends

Chicago Atlantic Real Estate Finance (REFI) has 6 years of Notes Payables data on file, last reported at $1.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Notes Payables fell 51.1% year-over-year to $1.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.2 million (down 51.1% YoY), and the FY2025 full-year result was $834977.0, down 26.5% from the prior year.
  • Notes Payables rose to $1.2 million in Q1 2026, from $834977.0 in the prior quarter.
  • In the past five years, Notes Payables ranged from a high of $8.4 million in Q2 2022 to a low of $834977.0 in Q4 2025.
  • A 5-year average of $2.8 million and a median of $1.2 million in 2026 frame the typical range for Notes Payables.
  • Across the five-year window, Notes Payables advanced 0.06% in 2024 and sank 51.1% in 2026, its largest moves.
  • Tracing REFI's Notes Payables over 5 years: stood at $8.4 million in 2022, then tumbled by 86.49% to $1.1 million in 2023, then advanced by 0.06% to $1.1 million in 2024, then slipped by 26.5% to $834977.0 in 2025, then surged by 48.76% to $1.2 million in 2026.
  • Business Quant data shows REFI's Notes Payables at $1.2 million in Q1 2026, $834977.0 in Q4 2025, and $1.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 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 -

Historic Data

Download Data
DateValue
Mar 31, 2026 1.24 Mn
Dec 31, 2025 834,977.00
Sep 30, 2025 1.06 Mn
Jun 30, 2025 1.36 Mn
Mar 31, 2025 2.54 Mn
Dec 31, 2024 1.14 Mn
Dec 31, 2023 1.14 Mn
Jun 30, 2022 8.41 Mn
Mar 31, 2022 7.13 Mn
Dec 31, 2021 4.54 Mn