---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-053576"
form_type: "8-K"
ticker: "CMTG"
cik: "0001666291"
company_name: "Claros Mortgage Trust, Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:10:56.812882+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Claros Mortgage Trust posts Q1 GAAP net loss of $52.8M; book value per share $15.55

## Summary
- GAAP net loss of $52.8M ($0.39 diluted EPS); distributable loss of $16.8M ($0.12 per share).
- CECL reserves increased to 2.6% of UPB; general reserve $0.72 per share, specific reserve $0.54 per share.
- Loans risk rated 4 or higher rose to 29% of portfolio (from 26% at Dec 31); one $216M loan reclassified to held-for-sale.
- Sold three loans for $262M (96% of UPB); repaid $384M in financings during quarter.
- Paid $0.25 per share cash dividend; total liquidity $265M including $233M cash and $32M undrawn capacity.

## SEC filing metadata
- accession: 0000950170-24-053576
- form_type: 8-K
- ticker: CMTG
- cik: 0001666291
- company_name: Claros Mortgage Trust, Inc.
- filed_at: 2024-05-06T23:59:59+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/1666291/000095017024053576/0000950170-24-053576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666291/000095017024053576/cmtg-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-053576
- JSON: https://secwatch.observer/filing/0000950170-24-053576.json
- Plain text: https://secwatch.observer/filing/0000950170-24-053576.txt

## Key facts
- Earnings Releases
  Claros Mortgage Trust, Inc. reported the quarter ended March 31, 2024 results: net income ($52.8 million), or ($0.39) per diluted share.
  - Period: the quarter ended March 31, 2024
  - Net income: ($52.8 million), or ($0.39) per diluted share
  - Result: reported results
  source text: Claros Mortgage Trust, Inc. Reports First Quarter 2024 Results New York, NY, May 6, 2024 – Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended March 31, 2024. The Company’s first quarter 2024 GAAP net loss was ($52.8 million), or ($0.39) per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666291/000095017024053576/0000950170-24-053576-index.htm

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