--- title: "Chicago Atlantic Real Estate Finance completes $62.5 million second-lien financing with Koach Properties Manager" type: "News" locale: "en" url: "https://longbridge.com/en/news/292526296.md" description: "Chicago Atlantic Real Estate Finance completed a $62.5 million second-lien financing with Koach Properties Manager, secured by 32 cannabis retail properties. The notes were exchanged for REFI shares and carry a 10% cash interest, 2% PIK interest, and a 12-year weighted average maturity." datetime: "2026-07-13T20:06:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292526296.md) - [en](https://longbridge.com/en/news/292526296.md) - [zh-HK](https://longbridge.com/zh-HK/news/292526296.md) generator: "portal-rs" --- # Chicago Atlantic Real Estate Finance completes $62.5 million second-lien financing with Koach Properties Manager - Chicago Atlantic Real Estate Finance completed financing of second-lien notes issued by Koach Properties Manager, secured by 32 cannabis retail properties. \* Notes total about USD 62.5 million, exchanged for 4,306,754 REFI shares valued at USD 14.53 each. \* Terms include 10% cash interest, 2% PIK interest, exit fee of 2.5 times each note’s commitment amount. \* Weighted average maturity is about 12 years; collateral is leased to a portfolio of cannabis operators. 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 via GlobeNewswire (Ref. ID: 202607131605PRIMZONEFULLFEED9761142) on July 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [REFI.US](https://longbridge.com/en/quote/REFI.US.md) ## Related News & Research - [Chicago Atlantic Real Estate Finance Co-CEO Peter Sack acquires $52,640 of common shares](https://longbridge.com/en/news/296642445.md) - [Chicago Atlantic RE Finance Co-CEO Anthony Cappell buys USD 468,225 of common shares](https://longbridge.com/en/news/296403067.md) - [Chicago Atlantic BDC releases transcript of Q2 2026 earnings call](https://longbridge.com/en/news/295845161.md) - [Why Jeff Dean says he left Google after 27 years to build a 4-person AI startup](https://longbridge.com/en/news/296463114.md) - [Argentum AI Announces Expansion of Global AI Factory Platform and Leadership Team](https://longbridge.com/en/news/296508397.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**