---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-266952"
form_type: "8-K"
ticker: "CMTG"
cik: "0001666291"
company_name: "Claros Mortgage Trust, Inc."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:19:03.314651+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Claros Mortgage posts Q3 GAAP net loss of $9.5M; loan resolutions $716M UPB; book value $12.24

## Summary
- GAAP net loss $9.5M ($0.07/sh); distributable loss $21.5M ($0.15/sh); distributable earnings prior to realized gains $5.9M ($0.04/sh).
- Loan resolutions of $716M UPB in Q3; YTD resolutions $2.2B, exceeding $2B full-year target.
- Book value $12.24 per share at Sep 30; CECL reserves $307.7M (6.8% of loan UPB, $2.15/sh).
- Total liquidity $353M at Sep 30 ($340M cash) rising to $385M by Nov 4; net debt/equity 1.9x.
- Risk rated 5 loans $978M UPB with specific CECL reserve 17.2%; four multifamily loans ($640M UPB) expected to foreclose.

## SEC filing metadata
- accession: 0001193125-25-266952
- form_type: 8-K
- ticker: CMTG
- cik: 0001666291
- company_name: Claros Mortgage Trust, Inc.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666291/000119312525266952/0001193125-25-266952-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666291/000119312525266952/cmtg-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-266952
- JSON: https://secwatch.observer/filing/0001193125-25-266952.json
- Plain text: https://secwatch.observer/filing/0001193125-25-266952.txt

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