CMTG News and Press, Claros Mortgage Trust Inc. From 04/20/23

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its first quarter 2023 financial results after the closing of trading on the New York Stock Exchange on Tuesday, May 2, 2023. A conference call to discuss CMTG&#...

2023-04-19 15:14:08 ET Summary Most mREITs are likely to continue to underperform in a high-rate environment. Some observers are already predicting an end to fed funds rate hikes, but I suspect those predictions could be premature. Over most time periods, even mREIT gaine...

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will hold its 2023 Annual Meeting of Stockholders virtually on June 1, 2023, beginning at 1:00 p.m. ET. Stockholders can attend the virtual annual meeting via the internet at...

2023-03-24 01:32:28 ET Summary Those readers who are not familiar with "The Three Little Pigs" are advised to stop reading immediately, drop everything, and please review that cautionary tale before proceeding any further. Rising interest rates are the huffing and puffing Big Bad ...

2023-03-17 09:00:00 ET Summary Mortgage REITs have been slammed by the fallout of the ongoing regional banking crisis amid a resurgence of interest rate volatility and credit concerns, erasing their once-robust gains for 2023. Commercial mREITs' exposure to the troubled office sec...

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that Richard Mack, Chairman and CEO, will present at the Citi Global Property CEO Conference on Wednesday, March 8, 2023, at 9:55 a.m. ET. A live audio webcast of the presentation ma...

Claros Mortgage Trust ( NYSE: CMTG ) stock dropped 9.4% on Tuesday after JMP Securities downgraded the REIT to Market Perform from Market Outperform after its Q4 earnings report , citing credit weakness and valuation. "Most significantly, the levels of 5-rated and no...

Claros Mortgage Trust, Inc. (CMTG) Q4 2022 Results Conference Call February 17, 2023 10:00 AM ET Company Participants Anh Huynh - VP, IR Richard Mack - Chairman, CEO Jai Agarwal - CFO Mike McGillis - President, Director Kevin Cullinan - EVP, MRECS Priyanka ...

Claros Mortgage Trust press release ( NYSE: CMTG ): Q4 Non-GAAP EPS of $0.38 in-line. Originated approximately $359 million of total loan commitments across three investments, of which $34 million was funded at closing. Funded approximately $198 million of follow-on fundings r...

Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today reported its financial results for the quarter and year ended December 31, 2022. The Company reported GAAP net (loss) income of ($22.7 million) and $112.1 million, or ($0.17) and $0.79 per basic a...