Claros Mortgage Trust(CMTG) - 2024 Q3 - Quarterly Results

Claros Mortgage Trust, Inc. Reports Third Quarter 2024 Results New York, NY, November 7, 2024 – Claros Mortgage Trust, Inc. (NYSE: CMTG) (the "Company" or "CMTG") today reported its financial results for the quarter ended September 30, 2024. The Company's third quarter 2024 GAAP net loss was $56.2 million, or$0.40 per share. Distributable Loss (a non-GAAP financial measure defined below) was $24.6 million, or$0.17 per share. Distributable Earnings prior to realized losses was $31.0 million, or$0.22 per s ...