---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-074912"
form_type: "8-K"
ticker: "CMTG"
cik: "0001666291"
company_name: "Claros Mortgage Trust, Inc."
filed_at: "2025-05-20T23:59:59+00:00"
generated_at: "2026-05-21T00:11:32.119353+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Claros Mortgage Q1 GAAP net loss $78.6M; book value slips to $13.60

## Summary
- GAAP net loss of $78.6M ($0.56 per share); distributable loss of $35.7M ($0.25).
- Book value fell to $13.60/share from $14.12 at year-end; adjusted book value $14.64.
- CECL reserves of $260.8M (4.4% of UPB); 46% of loans risk rated 4 or higher.
- Q1 loan repayments/sales of $316M; $437M received subsequent to quarter end.
- Net debt/equity 2.4x; total liquidity $136M at March 31, improved to $261M by May 6.

## SEC filing metadata
- accession: 0000950170-25-074912
- form_type: 8-K
- ticker: CMTG
- cik: 0001666291
- company_name: Claros Mortgage Trust, Inc.
- filed_at: 2025-05-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666291/000095017025074912/0000950170-25-074912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666291/000095017025074912/cmtg-20250520.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-074912
- JSON: https://secwatch.observer/filing/0000950170-25-074912.json
- Plain text: https://secwatch.observer/filing/0000950170-25-074912.txt

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