{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-065839","form_type":"8-K","ticker":"CMTG","cik":"0001666291","company_name":"Claros Mortgage Trust, Inc.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.268274+00:00","generated_at":"2026-05-22T08:22:45.306401+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Q1 GAAP net loss $78.6M ($0.56); distributable loss $35.7M; CECL provision $41.1M","bullets":["GAAP net loss $78.6M ($0.56); distributable loss $35.7M ($0.25); distributable earnings prior to realized losses $11.6M ($0.08).","CECL provision $41.1M ($0.29); CECL reserve stands at $1.83/sh, 4.4% of UPB; specific reserves 16.4% on risk 5 loans.","Book value fell to $13.60 from $14.64 at Dec 31, 2024; risk-rated 4+ loans now 46% of portfolio vs 45% at year-end.","Received $316M loan repayments/sales in Q1; subsequent to quarter-end received $291M; YTD total $607M.","Closed new $214M financing facility; net debt/equity 2.4x; total leverage 2.8x; liquidity $136M at quarter end."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-065839","json":"https://secwatch.observer/filing/0000950170-25-065839.json","markdown":"https://secwatch.observer/filing/0000950170-25-065839.md","text":"https://secwatch.observer/filing/0000950170-25-065839.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1666291/000095017025065839/0000950170-25-065839-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1666291/000095017025065839/cmtg-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T08:22:45.306401+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}