---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-024550"
form_type: "8-K"
ticker: "CMTG"
cik: "0001666291"
company_name: "Claros Mortgage Trust, Inc."
filed_at: "2025-02-21T23:59:59+00:00"
generated_at: "2026-05-26T06:59:06.866669+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Claros Q4 GAAP net loss $100.7M ($0.72/sh); book value drops to $14.12; suspends dividend

## Summary
- GAAP net loss $100.7M ($0.72/sh); distributable loss $83.2M ($0.59/sh); FY2024 GAAP net loss $221.3M.
- Book value per share fell to $14.12 from $15.17 QoQ; Q4 dividend suspended (was $0.25 in Q1/Q2).
- Risk rated 4+ loans increased to 45% of portfolio (from 37% prior quarter); CECL reserve at 4.3% of UPB.
- Loan portfolio $6.1B (98% floating); received $300M repayment/sale proceeds in Q4; liquidity $102M.
- Hotel REO reclassified to held-for-sale, $80.5M loss recognized; carrying value $307M, expected ~$60M liquidity.

## SEC filing metadata
- accession: 0000950170-25-024550
- form_type: 8-K
- ticker: CMTG
- cik: 0001666291
- company_name: Claros Mortgage Trust, Inc.
- filed_at: 2025-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666291/000095017025024550/0000950170-25-024550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666291/000095017025024550/cmtg-20250221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-024550
- JSON: https://secwatch.observer/filing/0000950170-25-024550.json
- Plain text: https://secwatch.observer/filing/0000950170-25-024550.txt

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