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Claros Mortgage Trust, Inc. (CMTG)

NYSE: CMTG · IEX Real-Time Price · USD
17.40 0.34 (1.99%)
Dec 1, 2021 4:00 PM EST - Market closed

Company Description

Claros Mortgage Trust is a commercial real estate (CRE) finance company focused primarily on originating senior and subordinate loans on transitional CRE assets located in major U.S. markets.

Transitional CRE assets are properties that require repositioning, renovation, rehabilitation, leasing, development or redevelopment or other value-added elements in order to maximize value.

Our objective is to be a premier provider of debt capital for transitional CRE assets and, in doing so, to generate attractive risk-adjusted returns for our stockholders over time, primarily through dividends.

We strive to create a diversified investment portfolio of CRE loans that we generally intend to hold to maturity. Upon completion of this offering, we expect to be one of the largest public commercial mortgage real estate investment trusts in the U.S., based on total stockholders’ equity.

From our inception in August 2015 through June 30, 2021, we have raised approximately $2.6 billion of equity capital and originated, co-originated or acquired 86 investments consisting of 131 loans on transitional CRE assets with aggregate loan commitments of approximately $11.5 billion.

Claros Mortgage Trust, Inc.
CountryUnited States
Founded2015
IPO DateNov 3, 2021
IndustryREIT-Mortgage
SectorReal Estate
CEORichard Mack

Contact Details

Address:
60 Columbus Circle, 20th Floor
New York, NY 10023
United States
Phone(212) 484-0050
Websiteclarosmortgage.com

Stock Details

Ticker SymbolCMTG
ExchangeNYSE
Fiscal YearJanuary - December
Reporting CurrencyUS Dollars
IPO Price$18.65
CIK Code1666291

Key Executives

NamePosition
Richard MackChief Executive Officer and Chairman
Michael McGillisPresident, Chief Financial Officer and Director
Kevin CullinanVice President
Priyanka GargVice President
Steven RichmanDirector
Andrew SilbersteinDirector

Latest SEC Filings

DateTypeTitle
Nov 12, 20213Initial statement of beneficial ownership of securities
Nov 9, 20214Statement of changes in beneficial ownership of securities
Nov 9, 20214Statement of changes in beneficial ownership of securities
Nov 9, 20214Statement of changes in beneficial ownership of securities
Nov 9, 20214Statement of changes in beneficial ownership of securities
Nov 9, 20214Statement of changes in beneficial ownership of securities
Nov 9, 20214Statement of changes in beneficial ownership of securities
Nov 5, 20218-KCurrent report
Nov 5, 20214Statement of changes in beneficial ownership of securities
Nov 4, 2021424B4Prospectus [Rule 424(b)(4)]
View All SEC Filings