Company AFC Gamma, Inc.

Equities

AFCG

US00109K1051

Specialized REITs

Market Closed - Nasdaq 04:00:00 2024-04-23 pm EDT 5-day change 1st Jan Change
11.79 USD -0.42% Intraday chart for AFC Gamma, Inc. +2.34% -2.00%

Business Summary

AFC Gamma, Inc. is an institutional lender to the commercial real estate sector. The Company primarily originates, structures, underwrites, invests in and manages senior secured loans and other types of commercial real estate loans and debt securities, with a specialization in loans to cannabis industry operators in states that have legalized medical and/or adult-use cannabis. The Company’s objective is to provide attractive risk-adjusted returns over time through cash distributions and capital appreciation primarily by providing loans to real estate developers and state-law compliant cannabis companies. The loans it originates are primarily structured as senior loans secured by real estate, equipment, value associated with licenses (where applicable) and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties. The Company targets investing strategically across multiple real estate sectors.

Sales per Business

USD in Million2022Weight2023Weight Delta
Financing Senior Secured Loans
100.0 %
81 100.0 % 71 100.0 % -13.45%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
81 100.0 % 71 100.0 % -13.45%

Managers

Managers TitleAgeSince
Chief Executive Officer 38 Nov. 12
Founder 53 20-07-05
Director of Finance/CFO 37 20-08-31
President 38 20-06-30
Human Resources Officer - -
Corporate Officer/Principal - -
General Counsel - -
Sales & Marketing - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 20-06-30
Director/Board Member 76 20-06-30
Founder 53 20-07-05
Director/Board Member 58 20-11-30
Sales & Marketing - -
Director/Board Member 53 20-11-30
Director/Board Member 56 22-01-30
Director/Board Member - 23-06-12

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 20,667,094 15,939,765 ( 77.13 %) 0 77.13 %
Stock B 0 125 0 0

Shareholders

NameEquities%Valuation
3,873,855 18.74 % 48 M $
BlackRock Advisors LLC
6.622 %
1,368,513 6.622 % 17 M $
ETF Managers Group LLC
4.339 %
896,770 4.339 % 11 M $
Vanguard Fiduciary Trust Co.
4.274 %
883,291 4.274 % 11 M $
789,556 3.820 % 10 M $
Wasatch Advisors, Inc.
3.100 %
640,617 3.100 % 8 M $
ETF Managers Group LLC
2.520 %
520,886 2.520 % 6 M $
320,624 1.551 % 4 M $
Global X Management Co. LLC
1.234 %
255,028 1.234 % 3 M $
Renaissance Technologies LLC
0.8342 %
172,400 0.8342 % 2 M $

Company contact information

AFC Gamma, Inc.

525 Okeechobee Boulevard Suite 1650

33401, West Palm Beach

+561 510 2390

http://www.afcgamma.com
address AFC Gamma, Inc.(AFCG)
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