Claros Mortgage Trust (CMTG) adjusts $1.1B and $1.9B JPMorgan facilities

Rhea-AI Filing Summary

Claros Mortgage Trust, Inc. disclosed amendments to two financing facilities with JPMorgan Chase Bank, National Association. Effective September 30, 2025, an amendment to its Amended and Restated Master Repurchase Agreement for subsidiary CMTG JNP Finance LLC increased the maximum facility amount to $1.1 billion. On the same date, a separate amendment to the Amended and Restated Master Repurchase Agreement for subsidiary CMTG JP Finance LLC decreased that facility’s maximum amount to $1.9 billion. These amendments are treated as creating a direct financial obligation or an obligation under an off‑balance sheet arrangement and are filed as exhibits to the report.

8-K Event Classification

3 items: 1.01, 2.03, 9.01

3 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial

The company incurred a new significant debt or off-balance-sheet obligation.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 30, 2025

Claros Mortgage Trust, Inc.

(Exact name of Registrant as Specified in Its Charter)

Maryland			001-40993	47-4074900
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
c/o Mack Real Estate Credit Strategies, L.P. 60 Columbus Circle, 20th Floor
New York, New York				10023
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: (212) 484-0050

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.01 par value per share		CMTG		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

Effective September 30, 2025, Claros Mortgage Trust, Inc. (the "Company") and CMTG JNP Finance LLC, a wholly owned subsidiary of the Company, entered into that certain Amendment No. 1 to Amended and Restated Master Repurchase Agreement with JPMorgan Chase Bank, National Association that, among other things, increased the maximum facility amount to $1.1 billion.

Effective September 30, 2025, CMTG JP Finance LLC, a wholly owned subsidiary of the Company, entered into that certain Amendment No. 7 to Amended and Restated Master Repurchase Agreement with JPMorgan Chase Bank, National Association that decreased the maximum facility amount to $1.9 billion.

The foregoing descriptions of these amendments are only a summary of certain material provisions and are qualified in their entirety by references to copies of the amendments, which are filed herewith as Exhibit 10.1 and Exhibit 10.2 and by this reference incorporated herein.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off Balance Sheet Arrangement of a Registrant.

The information required by Item 2.03 contained in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

10.1*+	Amendment No. 1 to Amended and Restated Master Repurchase Agreement dated as of October 2, 2025 by and among CMTG JNP Finance LLC, Claros Mortgage Trust, Inc., and JP Morgan Chase Bank, National Association
10.2*	Amendment No. 7 to Amended and Restated Master Repurchase Agreement dated as of October 2, 2025 by and between CMTG JP Finance LLC and JP Morgan Chase Bank, National Association
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)
*	Filed herewith
+	Portions of this exhibit (indicated by asterisks) have been omitted pursuant to Regulation S-K, Item 601(b)(10) or certain schedules and attachments to this exhibit have been omitted pursuant to Regulation S-K, Item 601(a)(5). Such omitted information is not material and would likely cause competitive harm to the registrant if publicly disclosed.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

			CLAROS MORTGAGE TRUST, INC.
Date:	October 6, 2025	By:	/s/ J. Michael McGillis
			J. Michael McGillis Chief Financial Officer, President and Director (Principal Financial and Accounting Officer)

FAQ

What financing changes did Claros Mortgage Trust (CMTG) report in this 8-K?

Claros Mortgage Trust reported amendments to two Amended and Restated Master Repurchase Agreements with JPMorgan Chase Bank, National Association, changing the maximum facility amounts for two of its subsidiaries.

How did the master repurchase facility for CMTG JNP Finance LLC change for CMTG?

The amendment for CMTG JNP Finance LLC increased the maximum facility amount under its Amended and Restated Master Repurchase Agreement to $1.1 billion, effective September 30, 2025.

What change was made to the CMTG JP Finance LLC repurchase facility for Claros Mortgage Trust?

The amendment for CMTG JP Finance LLC decreased the maximum facility amount under its Amended and Restated Master Repurchase Agreement to $1.9 billion, effective September 30, 2025.

Why is this Claros Mortgage Trust (CMTG) filing linked to direct financial obligations?

The filing states that the amendments to the master repurchase agreements constitute a direct financial obligation or an obligation under an off‑balance sheet arrangement, which is reported under Item 2.03.

Where can investors find the full terms of CMTG’s amended repurchase agreements?

The amendments are summarized in the report, and the full texts are filed as Exhibit 10.1 and Exhibit 10.2, which are incorporated by reference.

Who signed this Claros Mortgage Trust (CMTG) 8-K?

The report was signed on behalf of Claros Mortgage Trust, Inc. by J. Michael McGillis, Chief Financial Officer, President and Director, identified as the principal financial and accounting officer.