---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-056892"
form_type: "8-K"
ticker: "CMTG"
cik: "0001666291"
company_name: "Claros Mortgage Trust, Inc."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:46:37.626006+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CMTG Q3 GAAP net loss $68.9M ($0.50/sh); distributable loss $0.16/sh

## Summary
- GAAP net loss of $68.9M ($0.50 diluted EPS) vs. prior quarter; Distributable Loss of $22.8M ($0.16/sh).
- Distributable Earnings before realized gains/charge-offs was $49.6M ($0.35/sh); $73M charge-off on San Francisco multifamily loan sale.
- Loan portfolio $7.1B with 9.5% weighted avg all-in yield; received $287M repayments, funded $174M follow-on fundings.
- CECL reserves increased $0.27 to $1.10 per share; total liquidity $432M; Q3 dividend of $0.25/sh maintained.
- CEO cites challenging market conditions; expects elevated rate environment to persist.

## SEC filing metadata
- accession: 0000950170-23-056892
- form_type: 8-K
- ticker: CMTG
- cik: 0001666291
- company_name: Claros Mortgage Trust, Inc.
- filed_at: 2023-10-31T23:59:59+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/1666291/000095017023056892/0000950170-23-056892-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666291/000095017023056892/cmtg-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-056892
- JSON: https://secwatch.observer/filing/0000950170-23-056892.json
- Plain text: https://secwatch.observer/filing/0000950170-23-056892.txt

## Key facts
- Earnings Releases
  Claros Mortgage Trust, Inc. reported the quarter ended September 30, 2023 results: net income ($68.9 million), EPS ($0.50) per diluted share of common stock.
  - Period: the quarter ended September 30, 2023
  - Net income: ($68.9 million)
  - EPS: ($0.50) 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 September 30, 2023. The Company’s third quarter 2023 GAAP net loss was ($68.9 million), or ($0.50) per diluted share of common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666291/000095017023056892/0000950170-23-056892-index.htm

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