Every 8-K that Claros Mortgage Trust, Inc. (CMTG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CMTG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CMTG filings page.
Claros Mortgage Trust reported GAAP net loss of $255.4 million, or $1.81 per share, for the quarter ended June 30, 2026. Non‑GAAP Distributable Loss was $90.8 million, or $0.63 per share, and Distributable Loss prior to realized gains and losses was $10.5 million. The quarter included a $208.8 million provision for current expected credit loss reserves and $29.6 million of losses from reclassifying certain real estate owned assets to held‑for‑sale. Book value was $8.58 per share.
At quarter‑end, the company had a $2.8 billion held‑for‑investment loan portfolio with a weighted average all‑in yield of 5.8% and CECL reserves of $567.4 million, or 16.9% of unpaid principal balance, including 32.0% coverage on risk‑rated 5 loans. Watchlist loans totaled $1.2 billion (12 loans), a $477 million decline from year‑end. Liquidity was $103 million, including $90 million of cash, and the net debt‑to‑equity ratio was 2.0x, or 1.7x pro forma for loan resolutions and deleveraging completed in the third quarter.
Claros Mortgage Trust, Inc. reported results of its 2026 annual meeting and an amendment to its 2016 Incentive Award Plan. Stockholders approved increasing the shares reserved under the plan by 6,500,000 to 14,781,594 and raising the incentive stock option limit to 7,500,000 shares.
The amendment also extends the period for granting incentive stock options through April 20, 2036 and caps total annual compensation for any non-employee director at $750,000, including cash and equity awards. Stockholders elected nine directors, ratified PricewaterhouseCoopers LLP as auditor for 2026, and approved executive pay on an advisory basis.
Claros Mortgage Trust, Inc. reported that director Andrew Silberstein will resign from its Board effective May 11, 2026, in connection with his retirement from Almanac Realty Investors. His departure is stated not to involve any disagreement with the company’s operations, policies, or practices.
To fill the vacancy, the Board appointed D. Pike Aloian as a director effective May 11, 2026, at the request of Almanac under its contractual designation right, which applies while an Almanac affiliate holds at least 4.9% of the company’s common stock. Aloian will serve until the 2026 Annual Meeting of Stockholders on June 3, 2026, and has been nominated for reelection. The company expects to enter into its standard indemnification agreement for officers and directors with him and notes there are no related-party transactions requiring disclosure.
Claros Mortgage Trust, Inc. reported a GAAP net loss of $54.3 million, or $0.39 per share, for the quarter ended March 31, 2026. Distributable loss was $75.2 million, or $0.52 per share, and distributable loss prior to realized losses was $7.5 million, or $0.05 per share.
The company resolved five loans totaling $608.8 million of unpaid principal balance, contributing to year-to-date loan resolutions of $634.2 million. Current expected credit loss reserves were $31.4 million for the quarter and $398.9 million in total, equal to 11.4% of loan UPB.
At quarter-end, Claros Mortgage Trust had a $3.2 billion loan portfolio with a weighted average all-in yield of 5.6%, book value of $10.33 per share, total liquidity of $132 million, and a net debt-to-equity ratio of 1.7x. The company closed a new $500 million secured term loan maturing in 2030 and reduced total financing balances.
Claros Mortgage Trust, Inc. reported a GAAP net loss of $219.2 million, or $1.56 per share, for Q4 2025 and a full-year 2025 GAAP net loss of $489.1 million, or $3.49 per share. The company also recorded a Q4 distributable loss of $101.7 million, or $0.71 per share, and a full-year distributable loss of $269.0 million, or $1.88 per share, while distributable earnings prior to realized gains and losses were $2.9 million for the quarter and $35.2 million for the year.
Credit loss provisioning was a major driver, with a Q4 provision for current expected credit losses of $211.7 million and year-end CECL reserves of $443.1 million, approximating 10.9% of unpaid principal balance. Book value stood at $10.69 per share at December 31, 2025.
The company highlighted $2.5 billion of 2025 loan resolutions, a year-end loan portfolio of $3.7 billion with a weighted average all-in yield of 6.2%, and total liquidity of $185 million at year-end, declining to $153 million as of February 17, 2026 after additional deleveraging and a new $500 million secured term loan maturing in 2030.
Claros Mortgage Trust, Inc. reported upcoming board changes. Director Vincent Tese plans to retire and will not stand for re-election at the 2026 Annual Meeting, and the company states his decision did not involve any disagreement over operations or policies.
The board elected Denise Olsen as an independent director, effective March 2, 2026, to serve until the 2026 Annual Meeting and join the Audit Committee. The board will temporarily expand to ten members, then return to nine after Mr. Tese’s term ends. Olsen will receive an annual cash retainer of $85,000 and will be eligible for annual RSU awards valued at $125,000 under the 2016 Incentive Award Plan, with standard vesting and deferral features.
Claros Mortgage Trust entered into a new $500 million term loan with investment funds managed by HPS Investment Partners on January 30, 2026. The company used the proceeds, plus cash on hand, to fully repay about $556.2 million under its prior secured term loan, extending its debt maturity to January 30, 2030.
The new facility bears interest at the Term SOFR rate plus 6.75%, with a 2.50% SOFR floor, and includes an exit fee designed to ensure a minimum 1.175x multiple of invested capital if that threshold is not otherwise met. It is secured by liens on assets and equity of certain subsidiaries and is guaranteed by certain subsidiaries.
The agreement adds detailed financial covenants, including a maximum total debt-to-equity ratio of 3.50:1.00, a minimum tangible net worth of $1.0 billion plus 75% of future equity proceeds, and a phased-in minimum interest coverage ratio beginning in 2027. Related amendments with JPMorgan, Morgan Stanley, and Wells Fargo align those facilities’ interest coverage and tangible net worth tests, and reduce one Morgan Stanley facility’s maximum amount from $750 million to $250 million.
As consideration for the term loan, Claros Mortgage Trust issued detachable warrants to HPS-managed lenders to purchase up to 7,542,227 common shares, equal to 5.00% of fully diluted shares, at a $4.00 exercise price, which is a 46% premium to the closing price on the closing date. The warrants are exercisable for ten years and were issued in a private placement, with accompanying registration rights for the underlying shares.
The lenders also received governance rights, including the ability to appoint two non-voting board observers, who become full directors if a material event of default occurs. On January 30, 2026, the board adopted amended and restated bylaws to implement these governance features, including automatic board expansion, formation of a restructuring committee during a material event of default, and requiring the administrative agent’s consent for future changes to these specific bylaw provisions. The company also amended its management agreement to allow termination of its external manager without a termination fee if a material event of default continues and the board, following a restructuring committee recommendation, chooses to remove the manager.
Claros Mortgage Trust (CMTG) entered a material amendment to its Term Loan Credit Agreement. Effective November 5, 2025, Amendment No. 6 requires a $150,000,000 prepayment of outstanding term loans and temporarily lowers the minimum Tangible Net Worth covenant to $1,400,000,000 through March 31, 2026. The amendment also waives the minimum Interest Coverage Ratio covenant for the test periods for fiscal quarters ending September 30, 2025, December 31, 2025, and March 31, 2026.
Other changes include modifications to affirmative and negative covenants, a requirement to prepay term loans with a portion of Net Proceeds from certain Dispositions, and limits on creating or transferring assets to unrestricted subsidiaries. The amendment is subject to conditions subsequent, including payment of certain fees and expenses within three business days of the effective date.
Claros Mortgage Trust, Inc. furnished a press release and supplemental report announcing its financial results for the quarter ended September 30, 2025. The materials are available as Exhibits 99.1 and 99.2 and on the company’s investor relations website.
The disclosures were provided under Items 2.02 and 7.01 and are designated as “furnished,” not “filed,” under the Exchange Act.
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.
Claros Mortgage Trust, Inc. filed an amended current report to update a previously disclosed asset acquisition. A wholly owned subsidiary had completed a mortgage foreclosure on two multifamily properties in Texas that secured a senior loan to unaffiliated borrowers. The company had originally planned to provide historical and pro forma financial statements for this property acquisition under Regulation S-X Rules 3-14 and Article 11. After receiving a waiver from the U.S. Securities and Exchange Commission under Rule 3-13, Claros Mortgage Trust will not file those financial statements and has removed references to any future filing of them. The amendment states that no financial statements or exhibits are included.