What is Chicago Atlantic Real Estate Finance's michigan four — other commitment?

Chicago Atlantic Real Estate Finance (REFI) reported michigan four — other commitment of $6.00M in Q2 2023.

What does michigan four — other commitment mean?

The total amount of additional capital the company has promised to lend to borrowers in the Michigan Four portfolio.

Discontinued — last reported Q2 '23

Geographic · Other Commitment

Michigan Four — Other Commitment

Analysis

StatementSegment

CategoryLiquidity

SignalContext dependent

VolatilityModerate

First reportedQ2 2023

Last reportedQ2 2023Aug 9, 2023

Rolls up toOther Non-Current Assets

How to read this metric

An increase indicates higher future funding obligations and potential liquidity strain, while a decrease suggests reduced future capital deployment requirements.

Detailed definition

Represents the total value of unfunded loan commitments or additional credit facilities extended to borrowers within the...

Peer comparison

Similar to unfunded loan commitments or undrawn credit lines reported by other commercial mortgage REITs.

Metric ID: refi_segment_michigan_four_other_commitment

Historical Data

1 periods

	Q2 '23
Value	$6.00M

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Frequently Asked Questions

What is Chicago Atlantic Real Estate Finance's michigan four — other commitment?: Chicago Atlantic Real Estate Finance (REFI) reported michigan four — other commitment of $6.00M in Q2 2023.
What does michigan four — other commitment mean?: The total amount of additional capital the company has promised to lend to borrowers in the Michigan Four portfolio.