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Chicago Atlantic Real Estate Finance issues 4,306,754 shares for $62.5 million Koach second-lien notes tied to cannabis retail properties

PUBT·07/13/2026 20:21:13
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Chicago Atlantic Real Estate Finance issues 4,306,754 shares for $62.5 million Koach second-lien notes tied to cannabis retail properties
  • Chicago Atlantic Real Estate Finance completed a USD 62.5 million second-lien financing tied to 32 cannabis-leased retail properties managed by Koach.
  • Issued 4,306,754 common shares at USD 14.53 each in exchange for second lien notes with a USD 62.5 million principal balance.
  • Second lien notes carry 10% cash interest, 2% PIK interest, a 2.5x exit fee, and about a 12-year weighted-average maturity.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chicago Atlantic Real Estate Finance Inc. published the original content used to generate this news brief on July 13, 2026, and is solely responsible for the information contained therein.