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REFI compared with LIEN: revenue, margins and what each company keeps, and the suppliers and customers both name
REFI
Chicago Atlantic Real Estate Finance, Inc.
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Mkt cap
Revenue
Revenue
LIEN
Chicago Atlantic BDC, Inc.
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Revenue
Revenue
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REFI
Chicago Atlantic Real Estate Finance, Inc.
vs
LIEN
Chicago Atlantic BDC, Inc.
Price
Mkt cap
Revenue
Revenue
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Supply chain
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Supply-chain overlap
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Supply-chain overlap
direct ties · both sides
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›
direct ties · both sides
Only REFI
2
—
Chicago Atlantic REIT Manager
unlisted
supplier
—
Vireo Growth
unlisted
customer
Shared
0
No disclosed counterparties: LIEN.
Only LIEN
0
None
Role chip = supplier or customer
—
= no ticker (unlisted)
Source: SEC EDGAR
REFI
Chicago Atlantic Real Estate Finance, Inc.
Change
Revenue
$15M
Q2 FY26
Revenue
—
LIEN
Chicago Atlantic BDC, Inc.
Change
Revenue
$17M
Q1 FY26
Revenue
$22M
FY24
vs
Compare
REFI
Chicago Atlantic Real Estate Finance, Inc.
vs
LIEN
Chicago Atlantic BDC, Inc.
Price
Q2 FY26
$15M
Revenue
$17M
Q1 FY26
—
Revenue
$22M
FY24
Change
Change
REFI
vs
LIEN