Real Estate News

Chicago Atlantic Real Estate Finance Closes on $50 Million Unsecured Term Loan to Fund Deployment of New Investments

Assigned BBB+ Investment Grade Rating from Egan-Jones

CHICAGO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, today announced that the Company entered into a $50.0 million unsecured term loan from two institutional private lending platforms to fund the Company’s future investments and other general corporate purposes.

NEW YORK CITY REGIONAL CENTER-MANAGED ENTITY RECEIVES NEW $50 MILLION NEW MARKET TAX CREDIT AWARD FROM THE U.S. DEPARTMENT OF TREASURY

New allocation marks its 7th award since 2016 and will help spur economic development in low-income areas throughout New York City

New York, NY, Oct. 24, 2024 (GLOBE NEWSWIRE) -- New York City Regional Center (“NYCRC”) is pleased to announce an award of $50 million in New Market Tax Credits from the Community Development Financial Institutions Fund of the U.S.

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