Claros Mortgage Trust Inc 2025年季度报告

FORM 10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the quarterly period ended March 31, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the transition period fromtoCommission File Number: 001-40993 Claros Mortgage Trust, Inc.(Exact Name of Registrant as Specified in its Charter) Maryland47-4074900(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.)c/o Mack Real Estate Credit Strategies, L.P.60 Columbus Circle, 20thFloor, New York, NY10023(Address of principal executive offices)(Zip Code)Registrant’s telephone number, including area code: (212) 484-0050 Former name, former address and former fiscal year, if changed since last report: N/A Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed bySection 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for suchshorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive DataFile required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, anon-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitionsof “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use theextended transition period for complying with any new or revised financial accounting standards providedpursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of theExchange Act).Yes☐No☒ As of May 6, 2025, the registrant had 139,362,657 shares of common stock, $0.01 par value pershare, outstanding. Table of Contents PART I.FINANCIAL INFORMATION3Item 1.Financial Statements (Unaudited)3Consolidated Balance Sheets3Consolidated Statements of Operations4Consolidated Statements of Changes in Equity5Consolidated Statements of Cash Flows6Notes to Consolidated Financial Statements8Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations31Item 3.Quantitative and Qualitative Disclosures About Market Risk54Item 4.Controls and Procedures57PART II.OTHER INFORMATIONItem 1.Legal Proceedings58Item 1A.Risk Factors58Item 2.Unregistered Sales of Equity Securities and Use of Proceeds58Item 3.Defaults Upon Senior Securities58Item 4.Mine Safety Disclosures58Item 5.Other Information58Item 6.Exhibits59Signatures61 PART I—FINANCIAL INFORMATION Claros Mortgage Trust, Inc.Consolidated Balance Sheets(unaudited, in thousands, except share data) The accompanying notes are an integral part of these consolidated financial statements. Claros Mortgage Trust, Inc.Consolidated Statements of Operations(unaudited, in thousands, except share and per share data) Claros Mortgage Trust, Inc.Consolidated Statements of Changes in Equity(unaudited, in thousands, except share data) Claros Mortgage Trust, Inc.Consolidated Statements of Cash Flows(unaudited, in thousands) Claros Mortgage Trust, Inc.Consolidated Statements of Cash Flows(unaudited, in thousands) Claros Mortgage Trust, Inc.Notes to Consolidated Financial Statements(unaudited) Note1. Organization Claros Mortgage Trust, Inc. (referred to throughout this report as the “Company,” “we,”“us” and “our”) is a Maryland Corporation formed on April 29, 2015 for the purpose ofcreating a diversified portfolio of income-producing loans collateralized by institutional qualitycommercial real estate. We commenced operations on August 25, 2015 (“Commencement ofOperations”) and generally conduct our business through wholly-owned subsidiaries. Unlessthe context requires otherwise, any references to the Company refers to the Company and itsconsolidated subsidiaries. The Company is traded on the New York Stock Exchange, or NYSE,under the symbol “CMTG”. We elected and intend to maintain our qualification to be taxed as a real estate investmenttrust (“REIT”) under the requirements of the Internal Revenue Code of 1986, as amended (the“Internal Revenue Code”), for U.S. federal income tax purposes. As such, we generally are notsubject to U.S. federal income tax on that portion of our income that we distribute tostockholders. See Note