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Claros Mortgage Trust ( (CMTG) ) just unveiled an update.
On January 30, 2026, Claros Mortgage Trust, Inc. entered into a new secured term loan credit facility totaling $500 million with investment funds and accounts managed by HPS Investment Partners, LLC, bearing interest at SOFR plus 6.75% and maturing in 2030. The company used the proceeds, together with cash on hand, to fully repay its existing $556.2 million Term Loan B that was scheduled to mature on August 9, 2026, aligning financial covenants across its facilities and issuing 10-year detachable warrants to HPS-managed lenders to purchase 7,542,227 common shares at a premium exercise price of $4.00 per share. The new facility introduces detailed leverage, net worth and interest coverage covenants, allows for additional term loans at lenders’ discretion, and provides lenders with governance rights including board observers and, upon a material event of default, automatic board seats and a restructuring committee empowered to review and recommend on the status of the external manager. On January 30, 2026, the board also adopted amended and restated bylaws to embed these governance arrangements, including restrictions on altering the observer and related governance rights without lender consent while any indebtedness under the new credit agreement remains outstanding, a package that collectively extends debt maturities, stabilizes the capital structure, and potentially reshapes oversight in stressed scenarios.
The most recent analyst rating on (CMTG) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Claros Mortgage Trust stock, see the CMTG Stock Forecast page.
Spark’s Take on CMTG Stock
According to Spark, TipRanks’ AI Analyst, CMTG is a Neutral.
Claros Mortgage Trust’s overall stock score is primarily impacted by its weak financial performance and valuation. While there are some positive technical indicators and improvements in liquidity, the company’s high leverage and ongoing losses present significant risks.
To see Spark’s full report on CMTG stock, click here.
More about Claros Mortgage Trust
Claros Mortgage Trust, Inc. is a real estate investment trust focused primarily on originating senior and subordinate loans on transitional commercial real estate assets in major U.S. markets. The company is externally managed and advised by Claros REIT Management LP, an affiliate of Mack Real Estate Credit Strategies, L.P.
Average Trading Volume: 390,916
Technical Sentiment Signal: Sell
Current Market Cap: $384.2M
Learn more about CMTG stock on TipRanks’ Stock Analysis page.