Earnings ·
Claros Mortgage Trust reports Q3 GAAP net loss of $14.3 million, or $0.10 per share
CMTGClaros Mortgage Trust, Inc.
Claros Mortgage Trust reported a GAAP net loss of $14.3 million, or $0.10 per share, for the quarter ended September 30, 2026. Distributable loss was $12.1 million, or $0.08 per share. The company resolved four loans totaling $409.5 million of unpaid principal balance and sold one multifamily REO asset for $22.5 million in gross proceeds. Financings outstanding decreased by $330.1 million during the quarter, bringing the net debt-to-equity ratio to 1.7x. Subsequent to quarter-end, the company received two full loan repayments totaling $268.7 million of UPB and entered into binding agreements to sell additional assets. Claros Mortgage Trust is a real estate investment trust focused on originating senior and subordinate loans on transitional commercial real estate assets.