Discontinued — last reported Q2 '23

Geographic · Debt Instrument Carrying Value

Michigan Four — Debt Instrument Carrying Value

Chicago Atlantic Real Estate Finance Michigan Four — Debt Instrument Carrying Value decreased by 70.4% to $3.86M in Q2 2023 compared to the prior quarter.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ2 2023Aug 9, 2023

How to read this metric

An increase indicates net growth in the asset base, while a decrease suggests portfolio reduction or potential impairment charges.

Detailed definition

The net book value of debt investments in the Michigan Four portfolio, calculated as the outstanding principal adjusted...

Peer comparison

Equivalent to the net carrying amount of loans held for investment reported by peer commercial real estate lenders.

Metric ID: refi_segment_michigan_four_debt_instrument_carrying_value

Historical Data

5 periods
 Q4 '21Q3 '22Q4 '22Q1 '23Q2 '23
Value$10.48M$10.58M$12.99M$13.06M$3.86M
QoQ Change+1.0%+22.8%+0.5%-70.4%
YoY Change+24.0%
Range$3.86M$13.06M
CAGR-63.1%
Avg YoY Growth+24.0%
Median YoY Growth+24.0%

Frequently Asked Questions

What is Chicago Atlantic Real Estate Finance's michigan four — debt instrument carrying value?
Chicago Atlantic Real Estate Finance (REFI) reported michigan four — debt instrument carrying value of $3.86M in Q2 2023.
What does michigan four — debt instrument carrying value mean?
The net balance sheet value of all loans held in the Michigan Four portfolio after accounting for all adjustments.