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

Chicago Atlantic Real Estate Finance (REFI) reported michigan three — other commitment of $13.10M in Q2 2023.

What does michigan three — other commitment mean?

The total amount of additional capital the company is contractually obligated to lend to borrowers in the Michigan Three segment in the future.

Discontinued — last reported Q2 '23

StatementSegment

CategoryLiquidity

SignalContext dependent

VolatilityModerate

First reportedQ2 2023

Last reportedQ2 2023Aug 9, 2023

An increase suggests a pipeline of future funding requirements, while a decrease indicates a reduction in future capital deployment obligations.

This represents the total value of unfunded loan commitments or additional capital obligations the company has agreed to...

Comparable to unfunded loan commitments or undrawn credit facilities reported by commercial lenders.

Metric ID: refi_segment_michigan_three_other_commitment

1 periods

	Q2 '23
Value	$13.10M

What is Chicago Atlantic Real Estate Finance's michigan three — other commitment?: Chicago Atlantic Real Estate Finance (REFI) reported michigan three — other commitment of $13.10M in Q2 2023.
What does michigan three — other commitment mean?: The total amount of additional capital the company is contractually obligated to lend to borrowers in the Michigan Three segment in the future.