CMTG reports Q3 2024 GAAP net loss of $56.2M; dividend cut to $0.10/share

Claros Mortgage Trust, Inc.

GAAP net loss $56.2M ($0.40 diluted EPS); distributable loss $24.6M ($0.17 per share).
Distributable earnings prior to realized losses $31.0M ($0.22 per share); Q3 dividend cut to $0.10 from $0.25.
Loan portfolio $6.3B (down $0.5B QoQ); weighted avg adjusted LTV 71.6% (69.3% in Q2).
Book value per share $14.83, adjusted book value $15.96; net debt/equity unchanged at 2.4x.
Realized losses of $55.4M in Q3; five loans risk rated 5 vs. four in Q2.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.