Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. It originates, structures, and invests in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company offers senior loans to state-licensed operators and property owners in the cannabis industry. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2021 and is based in Chicago, Illinois.
According to Chicago Atlantic Real Estate Finance, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.56. At the end of 2022 the company had a P/E ratio of 8.24.
Year | P/E ratio |
---|---|
2023 | 7.56 |
2022 | 8.24 |
2021 | 30.60 |