---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-036500"
form_type: "8-K"
ticker: "CMTG"
cik: "0001666291"
company_name: "Claros Mortgage Trust, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:29:55.621223+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CMTG Q2 GAAP net income $4.3M but distributable loss of $14.5M; $67M charge-off on NYC property

## Summary
- GAAP net income $4.3M ($0.02 diluted EPS); Distributable Loss ($14.5M) or ($0.10) per share.
- Distributable Earnings prior to charge-off $50.3M ($0.35/share); dividend maintained at $0.37/share for Q2.
- Acquired mixed-use NYC property via assignment-in-lieu of foreclosure, recording ~$67M principal charge-off.
- Portfolio $7.5B with weighted avg yield 9.2%; 41% multi-family exposure; funded $162M in follow-on fundings.

## SEC filing metadata
- accession: 0000950170-23-036500
- form_type: 8-K
- ticker: CMTG
- cik: 0001666291
- company_name: Claros Mortgage Trust, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666291/000095017023036500/0000950170-23-036500-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666291/000095017023036500/cmtg-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-036500
- JSON: https://secwatch.observer/filing/0000950170-23-036500.json
- Plain text: https://secwatch.observer/filing/0000950170-23-036500.txt

## Key facts
- Earnings Releases
  Claros Mortgage Trust, Inc. reported quarter ended June 30, 2023 results: net income GAAP net income was $4.3 million, EPS $0.02 per diluted share of common stock.
  - Period: quarter ended June 30, 2023
  - Net income: GAAP net income was $4.3 million
  - EPS: $0.02 per diluted share of common stock
  - Result: reported results
  source text: Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended June 30, 2023. The Company’s second quarter 2023 GAAP net income was $4.3 million, or $0.02 per diluted share of common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666291/000095017023036500/0000950170-23-036500-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.