Articles from Claros Mortgage Trust, Inc.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its second quarter 2025 financial results after the closing of trading on the New York Stock Exchange on Wednesday, August 6, 2025.

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.

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.

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.

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.

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.

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:

Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) today announced that its Board of Directors suspended the Company’s quarterly dividend on its common stock commencing with the fourth quarter dividend that would have otherwise been paid in January 2025. CMTG paid three regular quarterly dividends during the year totaling $0.60 per share of common stock, which exceeds its 2024 taxable income estimate.

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.

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.

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.

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.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) declared a dividend of $0.25 per share of common stock for the second quarter of 2024. The dividend is payable on July 15, 2024 to stockholders of record as of the close of business on June 28, 2024.

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.

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.

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.

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.

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.

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.

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 diluted share, for the quarter and year ended December 31, 2023, respectively. Distributable Earnings prior to realized gains and principal charge-offs were $44.4 million and $184.5 million, or $0.31 and $1.31 per diluted share, for the quarter and year ended December 31, 2023, respectively.

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.

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:

Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) declared a dividend of $0.25 per share of common stock for the fourth quarter of 2023. The dividend is payable on January 12, 2024 to stockholders of record as of the close of business on December 29, 2023.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended September 30, 2023. The Company’s third quarter 2023 GAAP net loss was ($68.9 million), or ($0.50) per diluted share of common stock. Distributable Loss (a non-GAAP financial measure defined below) was ($22.8 million), or ($0.16) per diluted share of common stock. Distributable Earnings prior to realized gain and principal charge-off was $49.6 million, or $0.35 per diluted share of common stock.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its third quarter 2023 financial results after the closing of trading on the New York Stock Exchange on Tuesday, October 31, 2023.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) declared a dividend of $0.25 per share of common stock for the third quarter of 2023. One of the Company’s objectives in declaring the third quarter dividend was to establish a dividend level believed to be sustainable, assuming that real estate capital market dislocation continues for the foreseeable future. The dividend is payable on October 13, 2023 to stockholders of record as of the close of business on September 29, 2023.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended June 30, 2023. The Company’s second quarter 2023 GAAP net income was $4.3 million, or $0.02 per diluted share of common stock. Distributable Earnings (a non-GAAP financial measure defined below), prior to realized gain and principal charge-off, was $50.3 million, or $0.35 per diluted share of common stock. Distributable Loss was ($14.5 million), or ($0.10) per diluted share of common stock.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its second quarter 2023 financial results after the closing of trading on the New York Stock Exchange on Tuesday, August 1, 2023.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) declared a dividend of $0.37 per share of common stock for the second quarter of 2023. The dividend is payable on July 14, 2023 to stockholders of record as of the close of business on June 30, 2023.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended March 31, 2023. The Company’s first quarter 2023 GAAP net income was $36.7 million, or $0.26 per diluted share of common stock, and Distributable Earnings (a non-GAAP financial measure defined below) was $40.3 million, or $0.29 per diluted share of common stock.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its first quarter 2023 financial results after the closing of trading on the New York Stock Exchange on Tuesday, May 2, 2023.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will hold its 2023 Annual Meeting of Stockholders virtually on June 1, 2023, beginning at 1:00 p.m. ET.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) declared a dividend of $0.37 per share of common stock for the first quarter of 2023. The dividend is payable on April 14, 2023 to stockholders of record as of the close of business on March 31, 2023.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that Richard Mack, Chairman and CEO, will present at the Citi Global Property CEO Conference on Wednesday, March 8, 2023, at 9:55 a.m. ET.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter and year ended December 31, 2022. The Company reported GAAP net (loss) income of ($22.7 million) and $112.1 million, or ($0.17) and $0.79 per basic and diluted share of common stock, for the quarter and year ended December 31, 2022, respectively. Distributable Earnings (a non-GAAP financial measure defined below) were $53.7 million and $194.4 million, or $0.38 and $1.38 per diluted share of common stock, for the quarter and year ended December 31, 2022, respectively.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its fourth quarter and full-year fiscal 2022 financial results after the closing of trading on the New York Stock Exchange on Thursday, February 16, 2023.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the tax treatment of its 2022 common stock dividends. The following table summarizes CMTG’s common stock dividend payments per share for the tax year ended December 31, 2022:

Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) declared a dividend of $0.37 per share of common stock for the fourth quarter of 2022. The dividend is payable on January 13, 2023 to stockholders of record as of the close of business on December 30, 2022.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended September 30, 2022. The Company’s third quarter 2022 GAAP net income was $42.1 million, or $0.30 per diluted share of common stock, and Distributable Earnings (a non-GAAP financial measure defined below) was $47.1 million, or $0.33 per diluted share of common stock.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its third quarter 2022 financial results after the closing of trading on the New York Stock Exchange on Wednesday, November 9, 2022.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) declared a dividend of $0.37 per share of common stock with respect to the third quarter of 2022. The dividend is payable on October 14, 2022 to stockholders of record as of the close of business on September 30, 2022.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended June 30, 2022. The Company’s second quarter 2022 GAAP net income was $63.2 million, or $0.45 per diluted share of common stock, and Distributable Earnings (a non-GAAP financial measure defined below), including realized losses, was $60.0 million, or $0.43 per diluted share of common stock and was $71.5 million, or $0.51 per diluted share of common stock excluding realized losses.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it has changed the time of its second quarter 2022 earnings conference call to 9:00 a.m. ET on Wednesday, August 3, 2022. The conference call was previously scheduled for 10:00 a.m. ET on that date.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its second quarter 2022 financial results after the closing of trading on the New York Stock Exchange on Tuesday, August 2, 2022.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) declared a dividend of $0.37 per share of common stock with respect to the second quarter of 2022. The dividend is payable on July 15, 2022 to stockholders of record as of the close of business on June 30, 2022.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that J. Michael McGillis, President and Director, and Jai Agarwal, Chief Financial Officer, will present at Nareit’s REITweek: 2022 Investor Conference on June 7, 2022, at 11:00 a.m. ET.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended March 31, 2022. The Company’s first quarter 2022 GAAP net income was $29.4 million, or $0.21 per diluted share of common stock, and Net Distributable Earnings (a non-GAAP financial measure defined below) was $33.5 million, or $0.24 per diluted share of common stock.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its first quarter 2022 financial results after the closing of trading on the New York Stock Exchange on Tuesday, May 10, 2022.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will hold its 2022 Annual Meeting of Stockholders virtually on June 1, 2022, beginning at 1:00 p.m. ET.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended December 31, 2021. The Company’s fourth quarter 2021 GAAP net income was $17.0 million, or $0.12 per diluted share of common stock, and Net Distributable Earnings (a non-GAAP financial measure defined below) was $40.9 million, or $0.30 per diluted share of common stock.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the tax treatment of its 2021 common stock dividends. The following table summarizes CMTG’s common stock dividend payments per share for the tax year ended December 31, 2021:

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the appointment of Jai Agarwal as its Chief Financial Officer. Mr. Agarwal will succeed J. Michael McGillis, who will continue in his role as President of CMTG. This appointment will be effective following the filing of the Company’s Annual Report on Form 10-K for the 2021 fiscal year, which currently is estimated to occur around March 15, 2022.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it originated and acquired approximately $1.8 billion of loan commitments in the fourth quarter of 2021.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended September 30, 2021. The Company’s third quarter 2021 GAAP net income was $52.9 million, or $0.40 per diluted share of common stock, and Net Distributable Earnings (a non-GAAP financial measure defined below) was $45.3 million, or $0.34 per diluted share of common stock.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (“the Company” or “CMTG”) declared a dividend of $0.37 per share of common stock with respect to the fourth quarter of 2021. The dividend is payable on January 15, 2022 to stockholders of record as of the close of business on December 31, 2021.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its third quarter 2021 financial results after the closing of trading on the New York Stock Exchange on Monday, December 13, 2021.

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the repricing of its approximately $763 million secured term loan B facility maturing August 9, 2026 (the “Term Loan”).

Claros Mortgage Trust, Inc. (“CMTG”) today announced the pricing of its initial public offering of 5,524,934 shares of its common stock at $18.65 per share. Shares of CMTG’s common stock are expected to begin trading on the New York Stock Exchange today under the symbol “CMTG,” and the offering is expected to close on November 5, 2021, subject to customary closing conditions. CMTG has granted the underwriters a 30-day option to purchase up to an additional 828,739 shares of its common stock at the initial public offering price less the underwriting discount.

Claros Mortgage Trust, Inc. (“CMTG”) today announced that it has commenced the roadshow for the initial public offering of its common stock. CMTG has filed a registration statement on Form S-11 with the Securities and Exchange Commission to offer 7,000,000 shares of its common stock. CMTG also expects to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of its common stock. The initial public offering price is expected to be between $18.65 and $19.65 per share. CMTG has applied to list its common stock on the New York Stock Exchange under the symbol “CMTG”.

Claros Mortgage Trust, Inc. (“CMTG”) today announced that it has filed a registration statement on Form S-11 with the U.S. Securities and Exchange Commission (“SEC”) relating to the proposed initial public offering of its common stock. CMTG intends to apply to list its common stock on the New York Stock Exchange under the ticker symbol “CMTG.” The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.