Claros Mortgage Trust

Claros Mortgage Trust, Inc. is a commercial real estate finance company that focuses on originating senior and subordinate loans on transitional CRE assets located in U.S. markets. The transitional CRE assets are properties that require repositioning, renovation, rehabilitation, leasing, development or redevelopment or other value-added elements in order to maximize value. Its objective is to provide debt capital for transitional CRE assets and, in doing so, to generate risk-adjusted returns for its stockholders over time, primarily through dividends. The company was founded on April 29, 2015 and is headquartered in New York, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Claros Mortgage Trust (CMTG) reports solid Q4 earnings amidst cautious outlook

Claros Mortgage Trust (CMTG) delivered solid financial performance in Q4 2022, navigating market challenges with a cautious outlook for 2023. The company's proactive asset management and focus on differentiation position it well for potential growth opportunities in diverse sectors.

Claros Mortgage Trust (CMTG) maintains stability amid market uncertainties

Claros Mortgage Trust (CMTG) navigated a quiet quarter for new originations with a focus on stable credit quality and a cautious approach towards 2023 amidst market uncertainties and declining real estate values.

Claros Mortgage Trust reports solid Q2 earnings amidst real estate challenges

Claros Mortgage Trust's Q2 earnings call highlighted a resilient portfolio focused on multifamily properties, with a strong emphasis on liquidity management and increasing shareholder value. Despite industry challenges, the company remains proactive in addressing issues and seeking opportunities for growth.

Claros Mortgage Trust reports stable earnings amidst market uncertainties

Claros Mortgage Trust (CMTG) navigated market uncertainties by focusing on portfolio management and strategic asset sales to enhance liquidity and asset quality.
Despite a dividend reduction, the company reported distributable earnings covering the revised dividend, reflecting financial stability and prudent resource management.
Maintaining a diversified portfolio composition with a strong emphasis on the multifamily sector positions CMTG well to capitalize on sector-specific opportunities and navigate market challenges.
With a healthy liquidity position and moderate debt levels, CMTG has the flexibility to pursue strategic investments and address investor concerns through transparent communication.

Claros Mortgage Trust reports resilient performance amidst real estate challenges

Claros Mortgage Trust's Q4 earnings call highlighted solid performance metrics, proactive liquidity management, and a strategic focus on asset quality. The company faces challenges in the real estate market but remains well-positioned to capitalize on opportunities through effective financial planning and market adaptation.

Claros Mortgage Trust navigates market challenges with proactive strategies

Claros Mortgage Trust reported a GAAP net loss in Q1 2024, emphasizing proactive asset management and strategic portfolio optimization amidst market challenges.
Efforts towards managing liquidity, financing, and deleveraging reflect a prudent financial strategy to navigate uncertainties and optimize shareholder value.
The company faces challenges from volatile inflation, decreasing real estate valuations, and limited transaction volumes but is focused on proactive strategies for resilience.

Claros Mortgage Trust (CMTG) strategizes on distressed assets and growth

CMTG navigated challenges with a strategic focus on multifamily assets and distressed loans.
Analysts' inquiries highlighted concerns around reserves, distressed loans, and capital needs.
Opportunities in the bridge loan market and capital sources offer avenues for growth.

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Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q3 2024 Results Conference Call November 8, 2024 10:00 AM ET Company Participants Anh Huynh - VP, IR Richard Mack - CEO and Chairman Mike McGillis - President and CFO Conference Call Participants Doug Harter - UBS Rick Shane - JPMorgan Steve DeLaney - Citizens, JMP Jade Rahmani - KBW Operator Welcome to Claros Mortgage Trust's Third Quarter 2024 Earnings Conference Call. My name is Bridget, and I will be your conference facilitator today.

Claros Mortgage Trust, Inc. (CMTG) Q3 2024 Earnings Call Transcript

Claros Mortgage Trust, Inc. (CMTG) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to loss of $0.16 per share a year ago.

Claros Mortgage Trust, Inc. (CMTG) Surpasses Q3 Earnings Estimates

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended September 30, 2024. The Company's third quarter 2024 GAAP net loss was $56.2 million, or $0.40 per share. Distributable Loss (a non-GAAP financial measure defined below) was $24.6 million, or $0.17 per share. Distributable Earnings prior to realized losses was $31.0 million, or $0.22 per share. Third Quarter 2024 Highlights $6.3 billion loan po.

Claros Mortgage Trust, Inc. Reports Third Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its third quarter 2024 financial results after the closing of trading on the New York Stock Exchange on Thursday, November 7, 2024. A conference call to discuss CMTG's financial results will be held on Friday, November 8, 2024, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-833-470-1428 and referencing the Claros Mortgage Trust, Inc. teleconferen.

Claros Mortgage Trust, Inc. Announces Dates for Third Quarter 2024 Earnings Release and Conference Call

Claros Mortgage Trust focuses on originating senior and mezzanine loans for transitional commercial real estate assets, primarily in large markets like California and New York. CMTG's portfolio includes multifamily, hospitality, and mixed-use assets, with loans typically ranging from $50 to $300 million, and a 98% floating rate portfolio. The REIT faces significant execution risk due to its focus on underperforming transitional assets and an external management fee structure that may not always align with shareholder interests.

Claros Mortgage Trust: A Commercial Lender Focusing On Transitional Assets

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Recent developments in interest rates and market sentiment on rate cuts present an opportunity for highly discounted mortgage REITs with office exposure. Despite challenges, the risk-return profile of these mREITs has improved, making them potentially lucrative for patient, long-term investors. Granite Point Mortgage Trust, Claros Mortgage Trust, and Blackstone Mortgage Trust are rated as Speculative Buys due to their significant discounts to book value and growth prospects.

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Claros Mortgage Trust, Inc. (CMTG) Q2 2024 Earnings Call Transcript

Claros Mortgage Trust, Inc. (CMTG) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.10 per share a year ago.

Claros Mortgage Trust, Inc. (CMTG) Q2 Earnings and Revenues Beat Estimates

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended June 30, 2024. The Company's second quarter 2024 GAAP net loss was ($11.6 million), or ($0.09) per diluted share. Distributable Earnings (a non-GAAP financial measure defined below) was $28.9 million, or $0.20 per diluted share. Distributable Earnings prior to realized losses was $30.4 million, or $0.21 per diluted share. Second Quarter 2024 Hi.

Claros Mortgage Trust, Inc. Reports Second Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its second quarter 2024 financial results after the closing of trading on the New York Stock Exchange on Monday, August 5, 2024. A conference call to discuss CMTG's financial results will be held on Tuesday, August 6, 2024, at 9:00 a.m. ET. The conference call may be accessed by dialing 1-833-470-1428 and referencing the Claros Mortgage Trust, Inc. teleconference ca.

Claros Mortgage Trust, Inc. Announces Dates for Second Quarter 2024 Earnings Release and Conference Call

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NEW YORK & PHOENIX, Ariz.--(BUSINESS WIRE)--An affiliate of Mack Real Estate Group (MREG), Biscuit Flats Dev LLC, has prevailed at an auction held to sell the development rights to over 2,300 acres of fully entitled land immediately adjacent to Taiwan Semiconductor Manufacturing Corporation's (TSMC) semiconductor fabrication campus in Phoenix's North Valley, where TSMC has committed to invest $65 billion in its rapidly growing facilities, with significant further investment anticipated. The pro.

Mack Real Estate Group Affiliate Prevails at Auction for 2,300+ Acres at Taiwan Semiconductor Campus in Phoenix

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that J. Michael McGillis, President and Chief Financial Officer, will present at Nareit's REITweek: 2024 Investor Conference on June 5, 2024, at 11:45 a.m. ET. A live audio webcast of the presentation may be accessed through the Events and Presentations section of CMTG's website at www.clarosmortgage.com/investor-relations/events-and-presentations. For those unable to listen to the live.

Claros Mortgage Trust, Inc. to Present at Nareit's REITweek: 2024 Investor Conference

Claros Mortgage Trust, Inc. (NYSE:CMTG ) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Anh Huynh - VP, IR Richard Mack - CEO and Chairman Mike McGillis - President, CFO and Director Priyanka Garg - EVP, Portfolio and Asset Management Conference Call Participants Rick Shane - JPMorgan Doug Harter - UBS Don Fandetti - Wells Fargo Steve Delaney - JMP Securities Jade Rahmani - KBW Operator Welcome to Claros Mortgage Trust's First Quarter 2024 Earnings Conference Call. My name is Elliot, and I will be your conference facilitator today.

Claros Mortgage Trust, Inc. (CMTG) Q1 2024 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended March 31, 2024. The Company's first quarter 2024 GAAP net loss was ($52.8 million), or ($0.39) per diluted share. Distributable Loss (a non-GAAP financial measure defined below) was ($16.8 million), or ($0.12) per diluted share. Distributable Earnings prior to realized losses was $27.7 million, or $0.20 per diluted share. First Quarter 2024 Hig.

Claros Mortgage Trust, Inc. Reports First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its first quarter 2024 financial results after the closing of trading on the New York Stock Exchange on Monday, May 6, 2024. A conference call to discuss CMTG's financial results will be held on Tuesday, May 7, 2024, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-833-470-1428 and referencing the Claros Mortgage Trust, Inc. teleconference call; ac.

Claros Mortgage Trust, Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will hold its 2024 Annual Meeting of Stockholders virtually on June 4, 2024, beginning at 1:00 p.m. ET. Stockholders can attend the virtual annual meeting via the internet at www.virtualshareholdermeeting.com/CMTG2024. Stockholders of record as of the close of business on April 9, 2024 will be eligible to vote their shares and submit questions electronically in advance of and du.

Claros Mortgage Trust, Inc. Announces 2024 Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) declared a dividend of $0.25 per share of common stock for the first quarter of 2024. The dividend is payable on April 15, 2024 to stockholders of record as of the close of business on March 29, 2024. About Claros Mortgage Trust, Inc. CMTG is a real estate investment trust that is focused primarily on originating senior and subordinate loans on transitional commercial real estate assets located in majo.

Claros Mortgage Trust, Inc. Declares Common Stock Dividend

Claros Mortgage Trust, Inc. (CMTG) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Claros Mortgage Trust, Inc. (CMTG) Loses -21.55% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (“CMTG”) today announced that Richard Mack, Chairman and CEO, will present at the Citi Global Property CEO Conference on Wednesday, March 6, 2024, at 9:35 a.m. ET. A live audio webcast of the presentation may be accessed through the Events and Presentations section of CMTG's website at www.clarosmortgage.com/investor-relations/events-and-presentations. For those unable to listen to the live audio webcast, a replay will be avail.

Claros Mortgage Trust, Inc. to Present at Citi's 2024 Global Property CEO Conference

Claros Mortgage Trust, Inc. (CMTG) Q4 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter and year ended December 31, 2023. The Company reported GAAP net income of $34.0 million and $6.0 million, or $0.24 and $0.02 per diluted share of common stock, for the quarter and year ended December 31, 2023, respectively. Distributable Earnings (a non-GAAP financial measure defined below) were $36.9 million and $39.9 million, or $0.26 and $0.28 per.

Claros Mortgage Trust, Inc. Reports Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its fourth quarter and full-year fiscal 2023 financial results after the closing of trading on the New York Stock Exchange on Tuesday, February 20, 2024. A conference call to discuss CMTG's financial results will be held on Wednesday, February 21, 2024, at 11:00 a.m. ET. The conference call may be accessed by dialing 1-833-470-1428 and referencing the Claros Mortgag.

Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2023 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the tax treatment of its 2023 common stock dividends. The following table summarizes CMTG's common stock dividend payments per share for the tax year ended December 31, 2023: Record Date Payment Date Cash Distribution Adjustment Dividend Ordinary Dividends(1) Qualified Dividends Capital Gain Dividends Non Dividend Distributions 12/30/2022 1/13/2023 $0.00 $0.28 $0.28(2) $0.2754 $0.0000 $.

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