D. Pike Aloian
On May 11, 2026, our Board appointed D. Pike Aloian to our Board, effective May 11, 2026, to fill the vacancy created by Mr. Silberstein’s resignation upon the request of Almanac pursuant to the Designation Right.
Highest-materiality recent filing
Stockholders approve amendment to 2016 Incentive Award Plan, increasing shares by 6.5M
Amendment increases shares reserved for issuance by 6,500,000 to 14,781,594; ISO limit raised to 7,500,000.
Andrew Silberstein resigns from Claros Mortgage Trust board; D. Pike Aloian appointed
Andrew Silberstein resigns effective May 11, 2026, due to retirement from Almanac Realty Investors.
Claros Mortgage Q1 GAAP net loss $54.3M ($0.39/share); distributable loss $75.2M
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).
CMTG: Q4 GAAP net loss $219M ($1.56/sh); CECL reserves $443M (10.9% of UPB)
GAAP net loss $219.2M ($1.56 per share); FY2025 loss $489.1M ($3.49 per share).
Director Vincent Tese to retire; Denise Olsen elected to Claros board effective March 2, 2026
Vincent Tese will not stand for re-election at the 2026 Annual Meeting; retirement unrelated to any disagreement with the Company.
CMTG closes $500M secured term loan with HPS; repays $556M Term Loan B due Aug 2026
$500M term loan at SOFR+6.75%, matures Jan 2030; from HPS-managed funds.
Claros Mortgage Trust amends credit agreement with $150M prepayment and covenant waivers
Required $150 million prepayment of outstanding Term Loans as part of Amendment No. 6.
Claros Mortgage posts Q3 GAAP net loss of $9.5M; loan resolutions $716M UPB; book value $12.24
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).
Claros Mortgage Trust amends JPM repurchase facilities: JNP up to $1.09B, JP down to $1.88B
Amendment No. 1 to JNP facility increases maximum amount to $1,091,253,275.75 (effective Sept 30, 2025).
Claros Mortgage Trust amends 8-K to waive required financial statements for Texas foreclosure
Previously disclosed foreclosure on two multifamily properties in Texas (Park West/Cedar Springs entities).
Claros Mortgage Trust Q2 2025 GAAP net loss $181.7M ($1.30/sh); distributable loss $110.1M
GAAP net loss of $181.7M ($1.30 diluted EPS); distributable loss of $110.1M ($0.77/sh).
Claros Mortgage forecloses on two Texas multifamily properties securing $118.1M non-accrual loan
Foreclosure by wholly owned subsidiary on two multifamily properties in Texas completed July 1, 2025.
Claros Mortgage Trust reduces repurchase facility with Wells Fargo to $250M
On June 16, 2025, subsidiary CMTG WF Finance LLC modified its repurchase agreement with Wells Fargo Bank.
Claros Mortgage Trust increases repurchase facility with JPMorgan to $663.7M
Maximum facility amount increased to $663.7 million under Amended MRA with JPMorgan Chase.
Claros Mortgage Trust reports 2025 annual meeting results; say-on-pay passes with ~26% against
All nine director nominees elected; Derrick D. Cephas received ~22.8% withheld votes (21.3M of 93.6M votes cast).
Claros Mortgage Q1 GAAP net loss $78.6M; book value slips to $13.60
GAAP net loss of $78.6M ($0.56 per share); distributable loss of $35.7M ($0.25).
Claros Mortgage Trust sells $145.6M condo loan, boosts liquidity to $260M
Loan sale of unencumbered for-sale condo loan previously on watchlist and on non-accrual as of March 31, 2025.
Q1 GAAP net loss $78.6M ($0.56); distributable loss $35.7M; CECL provision $41.1M
GAAP net loss $78.6M ($0.56); distributable loss $35.7M ($0.25); distributable earnings prior to realized losses $11.6M ($0.08).
CMTG reduces Wells Fargo repurchase facility to $500M, extends maturity to 2026
Subsidiary CMTG WF Finance LLC entered Amendment No. 4, reducing repurchase facility maximum to $500.0 million.
Claros Mortgage Trust enters $214.4M repurchase facility with JPMorgan Chase
Maximum facility amount of $214.4 million, fully recourse to the Company.
Claros Q4 GAAP net loss $100.7M ($0.72/sh); book value drops to $14.12; suspends dividend
GAAP net loss $100.7M ($0.72/sh); distributable loss $83.2M ($0.59/sh); FY2024 GAAP net loss $221.3M.
CMTG Q4 GAAP net loss $100.7M; distributable loss $83.2M; book value $14.12
GAAP net loss of $100.7M ($0.72/sh) for Q4; full-year net loss $221.3M ($1.60/sh).
CMTG reports Q3 2024 GAAP net loss of $56.2M; dividend cut to $0.10/share
GAAP net loss $56.2M ($0.40 diluted EPS); distributable loss $24.6M ($0.17 per share).
CMTG Q3 GAAP net loss $56.2M; cuts dividend to $0.10 from $0.25; CECL charge $79M
GAAP net loss $56.2M ($0.40/sh); distributable loss $24.6M ($0.17/sh); distributable earnings prior to realized losses $31.0M ($0.22/sh).
CMTG Q2 2024 net loss $11.6M, distributable earnings $0.20/share; dividend held at $0.25
GAAP net loss of $11.6M ($0.09 loss per share); distributable earnings of $28.9M ($0.20 per share).
Claros Mortgage Trust reduces Morgan Stanley repurchase facility to $750M, extends maturity options
Facility amount decreased to $750M (Thirteenth Amendment to Master Repurchase Agreement).
CMTG reports Q2 GAAP net loss $0.09/shr; cuts dividend to $0.10 from $0.25
GAAP net loss $11.6M ($0.09/shr); distributable earnings $28.9M ($0.20/shr), prior to realized losses $30.4M ($0.21/shr).
Main Pool Maximum Facility Amount increased to $2,310,000,000.
Claros Mortgage Trust annual meeting results: all director nominees elected, auditor ratified
Richard Mack received 96,399,316 votes for, 2,877,317 withheld; Michael McGillis 93,192,011 for, 6,084,622 withheld.
Claros Mortgage Trust reports Q1 2024 GAAP net loss of $52.8M, or $0.39 per share
Q1 2024 GAAP net loss of $52.8M ($0.39 diluted EPS); distributable loss of $16.8M ($0.12 per share).
Claros Mortgage Trust begins at-the-market equity offering of up to $150 million
Filed prospectus supplement for ATM offering of up to $150M of common stock.
Claros Mortgage Trust posts Q1 GAAP net loss of $52.8M; book value per share $15.55
GAAP net loss of $52.8M ($0.39 diluted EPS); distributable loss of $16.8M ($0.12 per share).
EVP of Originations Kevin Cullinan resigns from Claros Mortgage Trust, effective May 8, 2024
Kevin Cullinan notified resignation as EVP—Originations on April 22, 2024, effective May 8, 2024.
CMTG investor presentation shows $6.9B portfolio, 9.1% yield, 2.4x leverage
$6.9B loan portfolio, $2.3B equity book value, $238M total liquidity as of recent period.
Claros Mortgage Trust releases investor presentation with $6.9B loan portfolio, 9.1% yield
Loan portfolio of $6.9B; 98% senior loans and 98% floating rate.
Claros Mortgage posts Q4 GAAP net income of $34M; loan risk ratings worsen
GAAP net income Q4 $34.0M ($0.24/diluted) vs Q3 loss of $68.9M; full year net income $6.0M.
CFO Jai Agarwal resigns; President J. Michael McGillis appointed CFO effective Nov 17, 2023
CFO Jai Agarwal resigned effective Nov 17, 2023; no dispute with company.
Claros Mortgage Trust furnishes investor presentation; no financial data disclosed in filing text
Filing only contains disclaimers and legal notices; no financial data provided in supplied exhibit text.
CMTG Q3 GAAP net loss $68.9M ($0.50/sh); distributable loss $0.16/sh
GAAP net loss of $68.9M ($0.50 diluted EPS) vs. prior quarter; Distributable Loss of $22.8M ($0.16/sh).
Claros Mortgage Trust posts investor presentation on website
Presentation dated September 27, 2023 covers company overview and portfolio metrics.
CMTG Q2 GAAP net income $4.3M but distributable loss of $14.5M; $67M charge-off on NYC property
GAAP net income $4.3M ($0.02 diluted EPS); Distributable Loss ($14.5M) or ($0.10) per share.
Claros Mortgage elects all nine directors, ratifies auditor at 2023 annual meeting
All nine director nominees elected with substantial majority; Richard Mack received 104,587,858 votes for.
Claros Mortgage Trust posts investor presentation; no specific new metrics disclosed
Investor presentation dated May 19, 2023 made available on company website.
Claros Mortgage Trust reports Q1 2023 GAAP net income $36.7M, Distributable Earnings $40.3M
GAAP net income $36.7M ($0.26 diluted EPS); Distributable Earnings $40.3M ($0.29 per share).
Claros Mortgage Trust posts investor presentation on website; no material new information disclosed
Filed Form 8-K on March 3, 2023 to announce availability of investor presentation.
CMTG reports Q4 GAAP net loss of $22.7M ($0.17/sh); FY net income $112.1M ($0.79/sh)
Distributable Earnings (non-GAAP): Q4 $53.7M ($0.38/sh); FY $194.4M ($1.38/sh).
Claros Mortgage Trust registers 16.1M shares for resale by selling stockholders
Filed S-3 registration statement and prospectus supplement for resale of up to 16,058,983 shares.
Claros Mortgage Trust posts investor presentation with no new financial data
Presentation made available on company website and to be presented at a conference on Nov 17, 2022.
Claros Mortgage Q3 GAAP net income $42.1M ($0.30/share); Distributable Earnings $47.1M
Originated $878M in new loan commitments; $614M funded at closing with weighted avg coupon SOFR+5.3%.
CMTG posts investor presentation for Sept 7 conference; no new financial results
Presentation includes portfolio overview and metrics as of June 30, 2022.
On May 11, 2026, our Board appointed D. Pike Aloian to our Board, effective May 11, 2026, to fill the vacancy created by Mr. Silberstein’s resignation upon the request of Almanac pursuant to the Designation Right.
On April 22, 2024, Kevin Cullinan notified Claros Mortgage Trust, Inc. (the “Company”) of his decision to resign as Executive Vice President—Originations of the Company, effective as of May 8, 2024.
The Company has appointed the Company’s President, J. Michael McGillis, who previously served as the Company’s chief financial officer until March 2022, as chief financial officer, effective upon Mr. Agarwal’s departure from the Company on November 17, 2023.
Jai Agarwal notified Claros Mortgage Trust, Inc. (the “Company”) of his decision to resign as chief financial officer of the Company, effective as of November 17, 2023.
Mr. Agarwal succeeds J. Michael McGillis in these roles, and Mr. McGillis will continue as President of the Company.
Jai Agarwal will become the Chief Financial Officer, principal financial officer and principal accounting officer of Claros Mortgage Trust, Inc. (the “Company”), effective the day after the filing of the Company’s Annual Report on Form 10-K for the 2021 fiscal year
Max materiality 0.85 · Median 0.60 · Most common event earnings