Reports Diluted Distributable Earnings per share prior to realized losses 10c vs. 8c last year. Book value of $12.27 per share. “We are seeing signs of a more constructive capital markets environment in commercial real estate, despite a prolonged period of elevated interest rates,” said Richard Mack, Chief Executive Officer and Chairman of CMTG. “We had a meaningful uptick in portfolio activity during the second quarter, including the realization of eight loans. As a result, we have more than doubled our liquidity position since year-end and feel we are well positioned to continue this positive progress into the second half of 2025.”
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