Claros Mortgage Trust, Inc. Declares Common Stock Dividend for the Third Quarter of 2023, Payable on October 13, 2023
September 15, 2023 at 05:33 pm EDT
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Claros Mortgage Trust, Inc. declared a dividend of $0.25 per share of common stock for the third quarter of 2023. One of the Company?s objectives in declaring the third quarter dividend was to establish a dividend level believed to be sustainable, assuming that real estate capital market dislocation continues for the foreseeable future. The dividend is payable on October 13, 2023 to stockholders of record as of the close of business on September 29, 2023.
Claros Mortgage Trust, Inc. is a real estate investment trust. The Company is focused primarily on originating senior and subordinate loans on transitional commercial real estate (CRE) assets located in markets across the United Sates. Its objective is to provide debt capital for transitional CRE assets and, in doing so, to generate risk-adjusted returns for its stockholders. It seeks primarily to originate, co-originate and acquire senior and subordinate loans on transitional CRE assets located in the United States markets and generally intend to hold its loans to maturity. In addition to its primary focus on the United States markets, it also seeks to originate senior and subordinate loans on transitional CRE assets located in other markets. It also focuses on mortgage loans secured by a first priority or subordinate mortgage on transitional CRE assets, and subordinate loans, including mezzanine loans. The Company is externally managed and advised by Claros REIT Management LP.
CLAROS MORTGAGE TRUST, INC. 
