---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-123254"
form_type: "8-K"
ticker: "CMTG"
cik: "0001666291"
company_name: "Claros Mortgage Trust, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:37:20.473337+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CMTG Q3 GAAP net loss $56.2M; cuts dividend to $0.10 from $0.25; CECL charge $79M

## Summary
- GAAP net loss $56.2M ($0.40/sh); distributable loss $24.6M ($0.17/sh); distributable earnings prior to realized losses $31.0M ($0.22/sh).
- Dividend cut to $0.10/sh from $0.25/sh in prior quarter.
- Loan portfolio $6.3B; received $374M repayments; reclassified three loans ($356M UPB) to held-for-sale.
- Provision for CECL reserves ~$79M ($0.56/sh); total CECL reserve 3.7% of UPB (21.4% specific on 5 rated loans).
- Book value $14.83/sh, down from $15.27; subsequent sale of two HFS loans for $142M generated $51M net liquidity.

## SEC filing metadata
- accession: 0000950170-24-123254
- form_type: 8-K
- ticker: CMTG
- cik: 0001666291
- company_name: Claros Mortgage Trust, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666291/000095017024123254/0000950170-24-123254-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666291/000095017024123254/cmtg-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-123254
- JSON: https://secwatch.observer/filing/0000950170-24-123254.json
- Plain text: https://secwatch.observer/filing/0000950170-24-123254.txt

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