Claros Mortgage Trust (CMTG) reported a FY 2025 net loss attributable to common shareholders of USD 489.07 million, or a net loss of USD 3.49 per share, and did not declare dividends for FY 2025 after its board paused the quarterly dividend starting with the Q4 2024 dividend (that would have been paid in January 2025) to preserve capital and support financing and deleveraging actions. For Q4 2025, CMTG posted a net loss of USD 219.21 million, or USD 1.56 per share. For FY 2025, interest and related income was USD 389.51 million (down USD 211.90 million), interest and related expense was USD 304.99 million (down USD 135.35 million), and revenue from real estate owned was USD 103.31 million (up USD 15.96 million). Total net revenue was USD 187.83 million (down USD 60.59 million). The provision for current expected credit losses (CECL) was USD 466.53 million. Distributable loss was USD 268.96 million (USD 1.88 per diluted share), while distributable earnings prior to realized gains and losses were USD 35.19 million (USD 0.24 per diluted share). CMTG ended FY 2025 with book value per share of USD 10.69 and adjusted book value per share of USD 11.33; net debt-to-equity was 1.9x and total leverage was 2.5x. As of December 31, 2025, loans receivable held-for-investment totaled USD 4.06 billion in unpaid principal balance (USD 3.69 billion carrying value, net of USD 365.42 million of specific CECL reserves), and the company reported eight real estate owned assets held-for-investment with a total carrying value of USD 746.80 million. Management said it resolved USD 2.60 billion of unpaid principal balance during FY 2025 (prior to charge-offs) through repayments, sales, discounted payoffs and foreclosures, and noted that in January 2026 it refinanced its secured term loan with a new USD 500.00 million facility maturing January 30, 2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Claros Mortgage Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-057455), on February 18, 2026, and is solely responsible for the information contained therein.