Discontinued — last reported Q1 '24

Geographic · Loan Commitment

Michigan Two — Loan Commitment

Chicago Atlantic Real Estate Finance Michigan Two — Loan Commitment increased by 3.6% to $13.60M in Q1 2024 compared to the prior quarter.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2024May 7, 2024
Rolls up toLoan Commitment

How to read this metric

An increase indicates expansion of lending activity, while a decrease suggests reduced commitment or project completion.

Detailed definition

The total amount of capital the company has contractually agreed to lend to a borrower within this segment. This include...

Peer comparison

Standard 'Total Loan Commitment' or 'Credit Facility Size' used by commercial lenders.

Metric ID: refi_segment_michigan_two_loan_commitment

Historical Data

2 periods
 Q4 '23Q1 '24
Value$13.13M$13.60M
QoQ Change—+3.6%
Range$13.13M – $13.60M

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Frequently Asked Questions

What is Chicago Atlantic Real Estate Finance's michigan two — loan commitment?
Chicago Atlantic Real Estate Finance (REFI) reported michigan two — loan commitment of $13.60M in Q1 2024.
What does michigan two — loan commitment mean?
The total agreed-upon lending capacity for this segment.