secwatch.observer — SEC 8-K summary
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Issuer:     Claros Mortgage Trust, Inc. (CMTG)
CIK:        0001666291
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001193125-26-208962
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Claros Mortgage Q1 GAAP net loss $54.3M ($0.39/share); distributable loss $75.2M
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- GAAP net loss $54.3M ($0.39/share); distributable loss $75.2M ($0.52/share); distributable loss prior to realized losses $7.5M ($0.05/share).
- Provision for CECL reserves $31.4M ($0.22/share); total CECL reserves $398.9M, 11.4% of UPB.
- Resolved five loans totaling $608.8M UPB: two repayments ($240.8M), one loan sale (90% recovery), one foreclosure, one assignment to lender.
- Closed new $500M secured term loan maturing 2030; net financings decreased $489M, including $142M deleveraging payments.
- Book value $10.33/share (down from $10.69); net debt/equity 1.7x; total leverage 2.2x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666291/000119312526208962/0001193125-26-208962-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666291/000119312526208962/cmtg-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-208962

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