REFI · Chicago Atlantic Real Estate Finance, Inc.
3 customers — 24.4% of revenue (three months ended March 31, 2026)
“As of and for the three months ended March 31, 2026 and 2025, the top three borrowers represented approximately 24.4% and 24.3% of the total interest income, respectively.”
3 customers — 24.3% of revenue (three months ended March 31, 2025)
“As of and for the three months ended March 31, 2026 and 2025, the top three borrowers represented approximately 24.4% and 24.3% of the total interest income, respectively.”
3 customers — 33.2% of receivables (March 31, 2026)
“Our loan portfolio as of March 31, 2026 and December 31, 2025, was concentrated with the top three borrowers representing approximately 33.2% and 26.9% of principal outstanding, respectively.”
One customer — 12.9% of receivables (March 31, 2026)
“The largest loan represented approximately 12.9% and 11.5% of principal outstanding as of March 31, 2026 and December 31, 2025, respectively.”
3 customers — 26.9% of receivables (December 31, 2025)
“Our loan portfolio as of March 31, 2026 and December 31, 2025, was concentrated with the top three borrowers representing approximately 33.2% and 26.9% of principal outstanding, respectively.”
One customer — 11.5% of receivables (December 31, 2025)
“The largest loan represented approximately 12.9% and 11.5% of principal outstanding as of March 31, 2026 and December 31, 2025, respectively.”
Weekly off-exchange (dark pool / OTC) trading volume reported to FINRA under its OTC/ATS Transparency data. ATS volume is executed on alternating trading systems (dark pools); non-ATS OTC is other over-the-counter dealer volume. The off-exchange share is total off-exchange volume as a percentage of consolidated weekly trading volume for the same Monday–Friday week.
Off-Exchange Volume History
| Week Start | ATS Volume | Non-ATS OTC Volume | Total Off-Exchange | % of FINRA Weekly Volume |
|---|---|---|---|---|
| 2026-07-06 | 59,396 | 220,693 | 280,089 | 40.9% |
| 2026-06-29 | 86,294 | 271,068 | 357,362 | 41.4% |
| 2026-06-22 | 175,623 | 251,472 | 427,095 | 28.5% |
| 2026-06-15 | 169,227 | 180,991 | 350,218 | 38.1% |
| 2026-06-08 | 30,994 | 130,284 | 161,278 | 44.0% |
| 2026-06-01 | 71,076 | 159,136 | 230,212 | 44.4% |
| 2026-05-25 | 62,075 | 133,412 | 195,487 | 40.0% |
| 2026-05-18 | 74,354 | 163,737 | 238,091 | 38.5% |
| 2026-05-11 | 112,915 | 265,714 | 378,629 | 46.9% |
| 2026-05-04 | 98,777 | 294,112 | 392,889 | 39.2% |
| 2026-04-27 | 52,457 | 238,278 | 290,735 | 44.5% |
| 2026-04-20 | 85,967 | 276,112 | 362,079 | 45.8% |
| 2026-04-13 | 65,906 | 329,601 | 395,507 | 50.9% |
| 2026-04-06 | 48,655 | 181,423 | 230,078 | 42.5% |
| 2026-03-30 | 86,829 | 245,429 | 332,258 | 35.0% |
| 2026-03-23 | 222,369 | 292,501 | 514,870 | 42.0% |
| 2026-03-16 | 249,118 | 216,890 | 466,008 | 31.5% |
| 2026-03-09 | 107,697 | 139,068 | 246,765 | 44.7% |
| 2026-03-02 | 103,806 | 150,338 | 254,144 | 43.9% |
| 2026-02-23 | 129,673 | 166,852 | 296,525 | 51.0% |
| 2026-02-16 | 79,396 | 146,215 | 225,611 | 42.7% |
| 2026-02-09 | 72,379 | 289,612 | 361,991 | 42.6% |
| 2026-02-02 | 61,051 | 244,958 | 306,009 | 42.9% |
| 2026-01-26 | 60,929 | 144,475 | 205,404 | 42.1% |
| 2026-01-19 | 54,173 | 135,678 | 189,851 | 42.6% |
| 2026-01-12 | 75,731 | 184,971 | 260,702 | 44.9% |
| 2026-01-05 | 60,931 | 231,205 | 292,136 | 44.4% |
| 2025-12-29 | 80,674 | 463,362 | 544,036 | 45.5% |
| 2025-12-22 | 28,912 | 92,459 | 121,371 | 37.8% |
| 2025-12-15 | 165,476 | 179,280 | 344,756 | 33.4% |
| 2025-12-08 | 53,400 | 160,992 | 214,392 | 42.2% |
| 2025-12-01 | 90,075 | 169,021 | 259,096 | 49.0% |
| 2025-11-24 | 43,612 | 71,265 | 114,877 | 39.7% |
| 2025-11-17 | 56,736 | 218,175 | 274,911 | 42.0% |
| 2025-11-10 | 59,958 | 130,816 | 190,774 | 44.8% |
| 2025-11-03 | 57,948 | 163,873 | 221,821 | 39.3% |
| 2025-10-27 | 34,790 | 168,278 | 203,068 | 47.5% |
| 2025-10-20 | 51,306 | 153,152 | 204,458 | 45.5% |
| 2025-10-13 | 173,633 | 380,024 | 553,657 | 50.6% |
| 2025-10-06 | 74,347 | 247,351 | 321,698 | 47.6% |
| 2025-09-29 | 89,704 | 421,255 | 510,959 | 49.0% |
| 2025-09-22 | 65,033 | 183,941 | 248,974 | 43.4% |
| 2025-09-15 | 57,691 | 175,943 | 233,634 | 34.9% |
| 2025-09-08 | 205,753 | 256,228 | 461,981 | 30.8% |
| 2025-09-01 | 46,217 | 81,252 | 127,469 | 41.2% |
| 2025-08-25 | 37,204 | 87,449 | 124,653 | 44.6% |
| 2025-08-18 | 66,767 | 162,530 | 229,297 | 49.7% |