Claros Mortgage Trust sells $145.6M condo loan, boosts liquidity to $260M

Claros Mortgage Trust, Inc.

Loan sale of unencumbered for-sale condo loan previously on watchlist and on non-accrual as of March 31, 2025.
Net proceeds in-line with carrying value of $145.6 million as of March 31, 2025.
2025 year-to-date loan realizations increase to approximately $750 million from $607 million.
Total liquidity increases to approximately $260 million from $115 million (per prior Form 8-K).

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