Claros Mortgage reports Q1 distributable EPS (25c), consensus (21c)

“Since the start of 2025, we have made strong progress on our stated objectives of enhancing liquidity, reducing leverage and beginning to resolve our watchlist loans,” said Richard Mack, CEO. “Both during and subsequent to Q1, we resolved or received payment on several loans totaling $607M while also reducing our exposure to land, office and hospitality assets, sectors that continue to be challenged. We remain committed to furthering our progress while navigating a highly complex macroeconomic environment.”