Claros Mortgage Trust, Inc. Reports Third Quarter 2026 Results
Business Wire•03/11/2026•17:01 ET
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Key Highlights
- ➤GAAP net loss $14.3 million, or $0.10 per share
- ➤Resolved four loans totaling $409.5 million of UPB
- ➤Financings outstanding decreased $330.1 million, including $99.9 million deleveraging
- ➤Watchlist loans fell $547.2 million from year-end 2025 to $1.1 billion
- ➤Agreed to sell office and multifamily loans for $310.7 million combined proceeds
Expert Statements
Richard Mack, Chief Executive Officer and Chairman of CMTG
“Over the past seven quarters, our team has focused on executing our strategic priorities of resolving and liquidating watchlist loans, repositioning our REO assets for disposition, and deleveraging the balance sheet.”
Richard Mack, Chief Executive Officer and Chairman of CMTG
“The actions we have already taken and the progress we have made better position CMTG to face the most recent rate moves, and we remain steadfast in completing the work ahead.”
Claros Mortgage Trust, Inc. Reports Third Quarter 2026 Results
Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter ended September 30, 2026. The Company reported GAAP net loss of $14.3 million, or $0.10 per share, for the quarter ended September 30, 2026. Distributable Loss (a non-GAAP financial measure defined below) was $12.1 million, or $0.08 per share, and Distributable Loss prior to realized gains and losses was $7.9 million, or $0.05 per share, for the quarter ended September 30, 2026.
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