secwatch.observer — SEC 8-K summary
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Issuer:     Claros Mortgage Trust, Inc. (CMTG)
CIK:        0001666291
Form:       8-K
Filed at:   2024-09-12T23:59:59+00:00
Accession:  0000950170-24-105899
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMTG Q2 2024 net loss $11.6M, distributable earnings $0.20/share; dividend held at $0.25
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- GAAP net loss of $11.6M ($0.09 loss per share); distributable earnings of $28.9M ($0.20 per share).
- Paid a cash dividend of $0.25 per share for Q2 2024, unchanged from prior quarter.
- Loan portfolio $6.8B; weighted average all-in yield 9.0%, 98% floating rate, 98% senior loans.
- Book value $15.27 per share; adjusted book value $16.44 per share (including CECL reserve add-back).
- Net debt/equity ratio 2.4x; total leverage 2.8x; undrawn financing capacity $1.7B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666291/000095017024105899/0000950170-24-105899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666291/000095017024105899/cmtg-20240912.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-105899

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