---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-095169"
form_type: "8-K"
ticker: "REFI"
cik: "0001867949"
company_name: "Chicago Atlantic Real Estate Finance, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:54:32.708328+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Chicago Atlantic Q3 net income $11.2M ($0.56/sh), up 22% QoQ per share; $50M unsecured note

## Summary
- Net income of $11.2M ($0.56 diluted EPS) vs $9.2M ($0.46) in Q2 2024, a 21.7% per-share increase.
- Distributable earnings $11.2M ($0.56/sh), up 12% QoQ; book value rose to $15.05 from $14.92.
- Loan portfolio $362.3M across 29 companies; weighted avg yield 18.3%; gross originations $32.7M in Q3.
- Entered $50M unsecured term loan at 9% fixed, matures Oct 2028; received BBB+ rating from Egan-Jones.
- Paid Q3 dividend of $0.47/sh on Oct 15; reaffirmed 2024 outlook.

## SEC filing metadata
- accession: 0001213900-24-095169
- form_type: 8-K
- ticker: REFI
- cik: 0001867949
- company_name: Chicago Atlantic Real Estate Finance, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1867949/000121390024095169/0001213900-24-095169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1867949/000121390024095169/ea0220097-8k_chicago.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-095169
- JSON: https://secwatch.observer/filing/0001213900-24-095169.json
- Plain text: https://secwatch.observer/filing/0001213900-24-095169.txt

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