Highest-materiality recent filing
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).
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 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 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).
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).
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 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).
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.
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).
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.
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 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%.
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