Claros Mortgage Trust, Inc. (CMTG)
Claros Mortgage Trust, Inc. operates in the REIT - Mortgage industry of the Real Estate sector, headquartered in New York City, NY, US. The stock last traded at $1.91, up 2.97% on the session, giving a market capitalisation of $268.8M. On trailing twelve-month figures it carries a trailing P/E of -0.50, a net margin of -226.1%. Its beta of 1.16 implies it has historically moved more than the broad market.
Claros Mortgage Trust, Inc. functions as a real estate investment trust (REIT), primarily focusing on originating both senior and junior debt for commercial properties in transitional stages, located within prominent markets throughout the United States. Recognized as a REIT under the Internal Revenue Code, the company's net earnings are exempt from federal taxation, provided these profits are distributed as dividends to its investors. The firm was established in 2015 and has its corporate headquarters in New York, New York.
Claros Mortgage Trust, Inc. is most often compared with the following Real Estate names: