Claros Mortgage Trust's loan portfolio unraveled spectacularly, posting a $1.81 per share loss versus consensus expectations of negative $0.20, as an eye-watering $208.8 million credit loss provision revealed the depth of distress in commercial real estate. Total CECL reserves now sit at 16.9% of unpaid principal balance as the company races to offload distressed office and multifamily assets.
Claros Mortgage Trust :
CMTG
CMTG
Stock Data
$1.79
$0.03 (1.70%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
REAL ESTATE
Industry
REIT - MORTGAGE
Claros Mortgage Trust Inc is a New York-based real estate investment trust specializing in financing commercial real estate across the United States. By focusing on both senior and subordinate loans for transitional properties, it supports the evolution of commercial spaces. Established in 2015, Claros Mortgage Trust benefits from a tax structure that avoids corporate income tax on profits distributed to shareholders, aligning its success directly with that of its investors.
Latest Activity
Q2 2026
EPS
-$1.81
est -$0.20-805.0%
Revenue
$30M
est $30M-0.7%
All Claros Mortgage Trust Articles
0 Articles
No articles found for Claros Mortgage Trust.