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CMTG| Name | Value |
|---|---|
| Revenues | 64.9M |
| Cost of Revenue | 78.8M |
| Gross Profit | -13.9M |
| Operating Expense | 14.7M |
| Operating I/L | -28.6M |
| Other Income/Expense | -27.6M |
| Interest Income | 152.9M |
| Pretax | -56.2M |
| Income Tax Expense | 0.0M |
| Net Income/Loss | -56.2M |
Claros Mortgage Trust, Inc. is a real estate investment trust specializing in originating senior and subordinate loans on transitional commercial real estate assets in key US markets. As a qualified REIT, the company's net income is exempt from federal taxation when distributed as dividends to shareholders, allowing it to generate revenue through interest income on the loans it originates.
