Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) Q3 2023 Earnings Call Transcript

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Mark Smith: Okay. And the last one for me. Just if you can discuss any more in depth kind of some shift to more fixed rate loans this quarter. Do you see more of that as we move forward? Any additional thoughts would be great.

John Mazarakis: No, I think it was just random. Yes, we saw it as well. I think it just happened. We don’t expect to move to a fixed rate structure. Having said that, we do have floors. So a fixed rate in an environment where rates may start coming down is not the worst position to be in.

Mark Smith: Okay. Great. Thank you.

John Mazarakis: Thank you.

Operator: And there appears to be no additional questions. I’ll turn it back to John Mazarakis for any closing remarks.

John Mazarakis: Thank you all for joining us this morning. We’re available for follow-up questions. Thanks again. Thank you.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect.

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