Apartment Investment and Management (AIV) vs Chicago Atlantic Real Estate Finance (REFI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Chicago Atlantic Real Estate Finance (REFI) has outperformed Apartment Investment and Management (AIV) over the past year, losing 23.6% versus a loss of 77.0%. Apartment Investment and Management is the larger company by market cap ($271.5 million vs $246.2 million), about 1.1 times the size. On valuation, Chicago Atlantic Real Estate Finance trades at a lower trailing P/E (7.1x vs 9.8x for Apartment Investment and Management).
Chicago Atlantic Real Estate Finance pays a dividend yielding 19.56%, while Apartment Investment and Management does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AIV | REFI |
|---|---|---|
| Share price | $1.76 | $9.61 |
| Market cap | $271.52M | $246.22M |
| 1-day change | -5.88% | -1.94% |
| YTD return | -70.37% | -21.62% |
| 1-year return | -76.99% | -23.61% |
| 5-year return | -76.38% | — |
| P/E ratio (TTM) | 9.78 | 7.12 |
| Forward P/E | — | 5.01 |
| EPS (TTM) | $0.18 | $1.35 |
| Dividend yield | 0.00% | 19.56% |
| Annual dividend | $0.00 | $1.88 |
| 52-week high | $8.01 | $13.49 |
| 52-week low | $1.76 | $9.61 |
| Distance from 52-week high | -78.03% | -28.76% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +57.44% |
| Average volume | 1.44M | 189.95K |
| Shares outstanding | 145.24M | 25.62M |
| Employees | 50 | — |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Residential | REIT - Mortgage |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- REFI has outperformed AIV by 53.4 percentage points over the past year.
- Apartment Investment and Management trades at a higher earnings multiple (9.8x vs 7.1x trailing P/E).
- Chicago Atlantic Real Estate Finance offers a meaningfully higher dividend yield (19.56% vs 0.00%).
About Apartment Investment and Management
AIV stock →Apartment Investment and Management Company is a diversified real estate company primarily focused on value add and opportunistic investments, targeting the U.S. multifamily sector.
Real Estate · REIT - Residential · 50 employees
About Chicago Atlantic Real Estate Finance
REFI stock →Chicago Atlantic Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States.
Real Estate · REIT - Mortgage
AIV vs REFI FAQ
Which is bigger, Apartment Investment and Management or Chicago Atlantic Real Estate Finance?
Apartment Investment and Management (AIV) is larger, with a market capitalization of $271.52M compared with $246.22M for Chicago Atlantic Real Estate Finance (REFI).
Which stock has performed better over the past year, AIV or REFI?
REFI returned -23.61% over the past 12 months, compared with -76.99% for AIV (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AIV or REFI?
REFI has the lower trailing P/E at 7.1, versus 9.8 for AIV. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Apartment Investment and Management or Chicago Atlantic Real Estate Finance?
Chicago Atlantic Real Estate Finance pays a dividend yielding 19.56%, while Apartment Investment and Management does not currently pay a regular dividend.
Are Apartment Investment and Management and Chicago Atlantic Real Estate Finance in the same industry?
Both are in the Real Estate sector, but in different industries: REIT - Residential for Apartment Investment and Management and REIT - Mortgage for Chicago Atlantic Real Estate Finance.