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07.05.25 - 23:30
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Claros Mortgage Trust, Inc. Reports First Quarter 2025 Results (Business Wire)
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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, 2025. The Company reported GAAP net loss of $78.6 million, or $0.56 per share, for the quarter ended March 31, 2025. Distributable Loss (a non-GAAP financial measure defined below) was $35.7 million, or $0.25 per share, and Distributable Earnings prior to realized losses were $11.6 million, or $0.08 per share, for the quarter ended March 31, 2025.
First Quarter 2025 Highlights
$5.9 billion loan portfolio with a weighted average all-in yield of 7.4%.
Received $316 million of loan repayment and sale proceeds, including two fully realized loans.
Subsequent to quarter-end, received $291 million of loan repayment proceeds, including three fully realized loans, of which two were risk rated 5.
Total liquidity of $136 million, including $128 million of cash.
Unencumbered loan UPB of $468 million, including $223 million classified as held-for-sal...
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23.04.25 - 22:36
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Claros Mortgage Trust, Inc. Announces Dates for First Quarter 2025 Earnings Release and Conference Call (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its first quarter 2025 financial results after the closing of trading on the New York Stock Exchange on Wednesday, May 7, 2025.
A conference call to discuss CMTG's financial results will be held on Thursday, May 8, 2025, 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; access code 926132.
The conference call will also be broadcast live over the internet and may be accessed through the Investor Relations section of CMTG's website at www.clarosmortgage.com. An earnings presentation accompanying the earnings release and containing supplemental information about the Company's financial results may also be accessed through this website in advance of the call.
For those unable to listen to the live broadcast, a webcast replay will be available on CMTG's website or by diali...
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26.03.25 - 21:33
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Claros Mortgage Trust, Inc. Announces 2025 Annual Meeting of Stockholders (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will hold its 2025 Annual Meeting of Stockholders virtually on June 4, 2025, beginning at 1:00 p.m. ET.
Stockholders can attend the virtual annual meeting via the internet at www.virtualshareholdermeeting.com/CMTG2025. Stockholders of record as of the close of business on April 7, 2025 will be eligible to vote their shares and submit questions electronically in advance of and during the virtual annual meeting by using the 16-digit control number provided to them in the notice of internet availability of proxy materials, on their individual proxy card, or on the voting instruction form accompanying the proxy materials to attend the annual meeting.
For those unable to attend the live broadcast, a webcast replay will be available on CMTG's website for one year following the meeting date.
About Claros Mortgage Trust, Inc.
CMTG is a real estate investment trust that is focused primaril...
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19.02.25 - 22:48
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Claros Mortgage Trust, Inc. Reports Fourth Quarter and Full Year 2024 Results (Business Wire)
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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, 2024. The Company reported GAAP net loss of $100.7 million and $221.3 million, or $0.72 and $1.60 per share, for the quarter and year ended December 31, 2024, respectively. Distributable Loss (a non-GAAP financial measure defined below) was $83.2 million and $95.7 million, or $0.59 and $0.67 per share, for the quarter and year ended December 31, 2024, respectively. Distributable Earnings prior to realized gains and losses was $25.4 million and $114.6 million, or $0.18 and $0.81 per share for the quarter and year ended December 31, 2024, respectively.
Fourth Quarter 2024 Highlights
$6.1 billion loan portfolio with a weighted average all-in yield of 7.6%.
$300 million of loan repayment and sale proceeds.
$101 million loan receivable classified as held-for-sale sold at par in January 2025.
Total liquidity of $102 million, includ...
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10.02.25 - 22:24
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Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call (Business Wire)
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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 2024 financial results after the closing of trading on the New York Stock Exchange on Wednesday, February 19, 2025.
A conference call to discuss CMTG's financial results will be held on Thursday, February 20, 2025, 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; access code 138857.
The conference call will also be broadcast live over the internet and may be accessed through the Investor Relations section of CMTG's website at www.clarosmortgage.com. An earnings presentation accompanying the earnings release and containing supplemental information about the Company's financial results may also be accessed through this website in advance of the call.
For those unable to listen to the live broadcast, a webcast replay will be availa...
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03.02.25 - 23:18
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Claros Mortgage Trust, Inc. Announces Tax Treatment of 2024 Dividends (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the tax treatment of its 2024 common stock dividends. The following table summarizes CMTG's common stock dividend payments per share for the tax year ended December 31, 2024:
Record
Date
Payment Date
Cash Distribution
Adjustment
Dividend
Ordinary Dividends(1)
Qualified Dividends
Capital Gain Dividends
Non Dividend
Distributions
12/29/2023
1/12/2024
$0.00
$0.25
$0.25(2)
$0.1264
$0.0000
$0.0000
$0.1236
3/29/2024
4/15/2024
$0.25
$0.00
$0.25
$0.1264
$0.0000
$0.0000
$0.1236
6/28/2024
7/15/2024
$0.25
$0.00
$0.25
$0.1264
$0.0000
$0.0000
$0.1236
9/30/2024
10/15/2024
$0.10
$0.00
$0.10
$0.0506
$0.0000
$0.0000
$0.0494
$0.60
$0.25
$0.85
$0.4299
$0.0000
$0.0000
$0.4201
1.
Ordinary dividends that are “qualified REIT dividends” are eligible for the 20% deduction under IRC Section 199A(b)(1)(B). Shareholders are encouraged to consult with their own tax advisors as to their specific tax treatmen...
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