Claros Mortgage Trust Inc   (CMTG)
Other Ticker:  
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services
Price: $12.1000 $0.31 2.629%
Day's High: $12.2 Week Perf: 2.8 %
Day's Low: $ 11.97 30 Day Perf: 16.91 %
Volume (M): 158 52 Wk High: $ 18.02
Volume (M$): $ 1,914 52 Wk Avg: $12.42
Open: $12.03 52 Wk Low: $9.60

 Market Capitalization (Millions $) 1,681
 Shares Outstanding (Millions) 139
 Employees -
 Revenues (TTM) (Millions $) 314
 Net Income (TTM) (Millions $) -51
 Cash Flow (TTM) (Millions $) 68
 Capital Exp. (TTM) (Millions $) 7

Claros Mortgage Trust Inc
The company is a CRE finance company with a primary focus on originating senior and subordinate loans on transitional CRE assets located in major U.S. markets. They offer mortgage loans secured by a first priority or subordinate mortgage on transitional CRE assets, and subordinate loans including mezzanine loans secured by a pledge of equity ownership interests in the direct or indirect property owner rather than directly in the underlying commercial properties. The loans are subordinate to a mortgage loan but senior to the property owner's equity ownership interests.

The company specializes in transitional CRE assets, which are properties that require repositioning, renovation, rehabilitation, leasing, development, or redevelopment, or other value-added elements in order to maximize value. They believe that their Sponsor's real estate development, ownership, and operations experience and infrastructure differentiate them in lending on these transitional CRE assets. Their objective is to be a premier provider of debt capital for transitional CRE assets and to generate attractive risk-adjusted returns for their stockholders over time, primarily through dividends. They strive to create a diversified investment portfolio of CRE loans that they generally intend to hold to maturity. They focus primarily on originating loans ranging from $50 million to $300 million on transitional CRE assets located in major U.S. markets with attractive fundamental characteristics supported by macroeconomic tailwinds.

The company was organized as a Maryland corporation on April 29, 2015, and commenced operations on August 25, 2015. Their common stock is traded on the New York Stock Exchange under the symbol "CMTG." They have elected and believe they have qualified to be taxed as a REIT for U.S. federal income tax purposes commencing with their taxable year ended December 31, 2015. They are externally managed and advised by their Manager, an investment adviser registered with the SEC pursuant to the Investment Advisers Act of 1940.

The company is externally managed by their Manager, an affiliate of MRECS. Their Sponsor owns, develops, invests in and manages real estate equity, debt and securities on behalf of third-party institutional and high net worth investors. The members of their Sponsor's senior management team have, on average, more than 25 years of real estate and finance experience. They leverage their Sponsor's platform to originate, underwrite, structure and asset manage a portfolio of loan assets that align with their differentiated investment strategy. In performing its duties to the company, the Manager benefits from the resources, relationships, fundamental real estate underwriting and management expertise of the Sponsor's broad group of real estate professionals.

Their Manager is responsible for executing their loan origination, capital markets, portfolio management, asset management and monitoring activities and managing their day-to-day operations. To perform its role in a flexible and efficient manner, their Manager leverages professionals employed by their Sponsor whose services are made available to the Manager and, in turn, to the company. They believe their Manager benefits from access to individuals with extensive experience in identifying, analyzing, acquiring, financing, hedging, managing and operating real estate investments across investment cycles, geographies, property types, investment types and strategies, including debt and equity interests, controlling and non-controlling investments, corporate and securities investments (including CMBS) and a variety of joint ventures. The Manager is at all times subject to the supervision, direction and management of the company's board of directors.

   Company Address: c/o Mack Real Estate Credit Strategies, L.P. New York 10023 NY
   Company Phone Number: 484-0050   Stock Exchange / Ticker: NYSE CMTG
   CMTG is expected to report next financial results on February 15, 2024.


Stock Performances by Major Competitors

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Hubilu Venture Corporation

Real Estate Operations Company Sees Remarkable Surge in Third Quarter 2023 Numbers

Hubilu Venture Corporation (HBUV) has released its financial report for the interval closing on September 30, 2023. Despite being the only company in the Real Estate Operations industry to thrive, HBUV has achieved a zero gain of $0.00 per share, compared to the previous year's $0.00 per share and $0.00 per share from the previous reporting season.
Revenue Growth:
HBUV's revenue witnessed a significant increase, surging by 32.098% to $0.47 million from $0.36 million in the same reporting season a year before. Sequentially, revenue advanced by 11.032% from $0.43 million.

Silver Star Properties Reit Inc

Company's Profits Plummet: A Dive into the Most Recent Fiscal Period at Silver Star Properties Reit Inc.

In the fiscal third quarter of 2023, Silver Star Properties REIT Inc witnessed a remarkable turnaround, with significant improvements in profitability, earnings per share (EPS), and a decline in accounts receivable. While the company experienced a decline in revenue, its strong financial performance raises optimism about its future prospects. Let's delve deeper into the financial results to understand how these developments might impact the company moving forward.
1. Positive Profitability and Rapid EPS Growth:
Silver Star Properties REIT Inc achieved a significant milestone in the third quarter of fiscal year 2023, as profitability turned positive at $1,960.00 per share compared to a loss of $0.16 per share in the previous year. This improvement signifies a change in the company's operational efficiency and cost management strategies. Moreover, EPS grew exponentially by 3,919,900%, reaching $0.05 per share from the prior reporting season. This remarkable growth indicates the company's effective utilization of its available resources.

Alpha Investment Inc

Real Estate Operations Company Faces Challenging Q3 as Operating Loss is Declared in 2023

In the Real Estate Operations industry, the spotlight has often been on the large companies. However, there are a few lesser-known businesses that are making waves with their recent financial performance. Alpha Investment Inc, one such emerging growth corporation, has reported its operating loss for the third quarter of 2023, amounting to $-0.069365 million.
What stands out in this report is the company's ability to conduct business more cost-effectively than in the previous year. In the third quarter of 2022, Alpha Investment Inc had recorded an operating loss of $-0.116716 million. However, over the financial interval closing on September 30, 2023, the company managed to operate the General and Administrative (GOBA) expenses in a more efficient manner, resulting in a reduced deficit of $-0.086 million.

Forestar Group Inc

Impressive Surge: Forestar Group Inc Witnesses an Outstanding 40.27% EPS Growth, Spearheading Double Digits

Investors in the stock market have reason to celebrate as the Real Estate Operations company, Forestar Group Inc, recently announced impressive earnings for the fourth quarter of 2023. In a surprising turn of events, the company reported a remarkable 44.153% increase in revenue, totaling an impressive $549.80 million. Furthermore, the profit per share saw a substantial jump of 40.27% to $1.43 per share, year on year.
What sets Forestar Group Inc apart from its peers in the Real Estate Operations sector is its ability to defy industry trends, showcasing a surge in its top-line growth. While many of its competitors experienced revenue contractions over the same period, Forestar Group Inc managed to buck the trend, delivering outstanding results.

Altisource Asset Management Corporation

Altisource Asset Management Corporation's Losses Surge in Q3 2023: A Closer Look at the Financial Turmoil

Altisource Asset Management Corporation (AAMC) is a company that experienced a significant loss per share in its fiscal three months ending September 30, 2023. The reported loss per share was $-4.52, which is an increase from $-2.24 per share in the same quarter a year ago. In the previous quarter, the company realized a loss of $-2.16 per share. This resulted in a net loss of $-13.470 million for the third quarter of 2023, compared to a net loss of $-3.986 million in the same quarter last year.
The decline in AAMC's earnings and the increase in losses per share have caught the attention of analysts and investors. The level of accounts receivable has also decreased to $28.1 million, leading some analysts to believe that this is due to slowing demand for the company's services.


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