---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-066756"
form_type: "8-K"
ticker: "REFI"
cik: "0001867949"
company_name: "Chicago Atlantic Real Estate Finance, Inc."
filed_at: "2021-12-21T23:59:59+00:00"
generated_at: "2026-06-27T23:28:09.657303+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# REFI upsizes revolving credit facility to $45M, acquires $10M Verano loan from affiliate

## Summary
- Revolving credit facility increased from $10M to $45M with two FDIC-insured banks; matures Dec 16, 2023 with one-year extension option.
- Interest rate at Prime plus 0%-1.25% based on leverage ratio, subject to 3.25% Prime Rate floor.
- Company acquired $10M of existing loan principal in Verano Holdings from an affiliate at amortized cost, increasing total Verano exposure to $30M.
- Proceeds from the facility expected to fund additional loans and for general corporate purposes.
- Related-party acquisition was approved by the Audit Committee of the Board.

## SEC filing metadata
- accession: 0001213900-21-066756
- form_type: 8-K
- ticker: REFI
- cik: 0001867949
- company_name: Chicago Atlantic Real Estate Finance, Inc.
- filed_at: 2021-12-21T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1867949/000121390021066756/0001213900-21-066756-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1867949/000121390021066756/ea152821-8k_chicagoreal.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-066756
- JSON: https://secwatch.observer/filing/0001213900-21-066756.json
- Plain text: https://secwatch.observer/filing/0001213900-21-066756.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.