Discontinued — last reported Q1 '24
Geographic · Loan Commitment
Michigan One — Loan Commitment
Chicago Atlantic Real Estate Finance Michigan One — Loan Commitment increased by 300.0% to $6.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 300.0%, from $1.50M to $6.00M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2024May 7, 2024
Rolls up toLoan Commitment
How to read this metric
A large commitment relative to outstanding principal indicates significant future funding obligations or 'dry powder' requirements.
Detailed definition
The total amount of capital the company has contractually agreed to lend to the borrower for the Michigan One project. T...
Peer comparison
Standard 'Total Loan Commitment' or 'Undrawn Commitment' metric in commercial real estate finance.
Metric ID:
refi_segment_michigan_one_loan_commitmentHistorical Data
5 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|
| Value | $1.50M | $1.50M | $1.50M | $1.50M | $6.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +300.0% |
| YoY Change | — | — | — | — | +300.0% |
Range$1.50M – $6.00M
CAGR+300.0%
Avg YoY Growth+300.0%
Median YoY Growth+300.0%
Current Streak4+ quarters growth
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Frequently Asked Questions
- What is Chicago Atlantic Real Estate Finance's michigan one — loan commitment?
- Chicago Atlantic Real Estate Finance (REFI) reported michigan one — loan commitment of $6.00M in Q1 2024.
- How has Chicago Atlantic Real Estate Finance's michigan one — loan commitment changed year-over-year?
- Chicago Atlantic Real Estate Finance's michigan one — loan commitment increased by 300.0% year-over-year, from $1.50M to $6.00M.
- What does michigan one — loan commitment mean?
- The total amount of money the company has promised to lend for this project.