Claros Mortgage Trust, Inc. (NYSE: CMTG) is a real estate investment trust that mainly originates senior and subordinate loans on transitional commercial real estate assets in major markets throughout the United States. CMTG’s objective is to become a leading provider of debt capital, and by doing so, generate attractive returns for its stockholders. The company strives to build a diversified portfolio of CRE loans that it generally intends to hold until maturity.
The external management and advisory services of Claros Mortgage Trust are provided by Claros REIT Management LP, an affiliate of Mack Real Estate Credit Strategies, L.P. (“MRECS”). MRECS is a CRE lending and debt investment enterprise associated with Mack Real Estate Group, LLC (“MREG”), a well-known developer, investor, and manager in the real estate industry.
Key Investment Highlights of Claros Mortgage Trust, Inc. include:
– An established and scaled platform with investments located in major markets where MREG has experience or infrastructure;
– A focused investment strategy on larger opportunities ranging from $50 million to $300 million, secured by high-quality transitional assets and experienced sponsorship;
– A diversified loan portfolio with stable, attractive yields;
– Experienced management team with extensive equity and credit investment expertise. With decades of experience investing through multiple economic cycles, the experienced management team is well-equipped to handle any market conditions.
Claros Mortgage Trust Inc. seeks to create a secure environment for its stockholders by delivering attractive returns and taking on calculated risks when it comes to debt capital. The company’s “ownership-oriented” mindset makes for a well-rounded approach when underwriting, structuring, and proactively managing transitional CRE loans. By leveraging its extensive experience in real estate development and investing, Claros Mortgage Trust Inc. is well-positioned to be a premier provider of debt capital and generate attractive returns for its stockholders.