Chicago Atlantic Real Estate Finance Announced That The Company Entered Into A $50M Unsecured Term Loan From Two Institutional Private Lending Platforms To Fund The Company's Future Investments And Other General Corporate Purposes
Portfolio Pulse from Benzinga Newsdesk
Chicago Atlantic Real Estate Finance has secured a $50 million unsecured term loan from two institutional private lending platforms. This funding will be used for future investments and general corporate purposes.
October 23, 2024 | 11:13 am
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Chicago Atlantic Real Estate Finance has obtained a $50 million unsecured term loan to support its future investments and general corporate needs. This move could enhance the company's financial flexibility and growth potential.
The $50 million loan provides Chicago Atlantic Real Estate Finance with additional capital to pursue investment opportunities and manage corporate expenses. This financial boost is likely to be viewed positively by investors, as it enhances the company's ability to grow and expand its operations.
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