For the year ending 2025-12-31, CMTG had $57,285K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | -489,069 |
| Accretion of fees and discounts on loans receivable | 10,616 |
| Amortization of deferred financing costs on secured financings | 23,574 |
| Amortization of deferred financing costs on debt related to real estate owned hotel portfolio | 2,298 |
| Non-cash stock-based compensation expense | 14,345 |
| Depreciation and amortization on real estate owned, in-place lease values, and deferred leasing costs | 10,754 |
| Amortization of above and below market lease values, net | 1,204 |
| Straight-line rent adjustment | 560 |
| Unrealized loss on interest rate cap | -71 |
| Loss on partial sales of real estate owned, net | -1,016 |
| Loss (income) from equity method investment | -124 |
| Loss on extinguishment of debt | -1,394 |
| Valuation adjustment for real estate owned held-for-sale | 12,618 |
| Non-cash advances on loans receivable in lieu of interest | -47,972 |
| Non-cash advances on secured financings in lieu of interest | 7,729 |
| Non-cash advances on debt related to real estate owned hotel portfolio | 1,146 |
| Repayment of non-cash advances on loans receivable in lieu of interest | 36,352 |
| Repayment of non-cash advances on interests in loans receivable in lieu of interest | -1,146 |
| Provision for current expected credit loss reserve | 466,527 |
| Valuation adjustment for loans receivable held-for-sale | -41,767 |
| Other assets | 46,779 |
| Other liabilities | -10,755 |
| Management fee payable - affiliate | -19,246 |
| Net cash (used in) provided by operating activities | -30,460 |
| Loan originations, acquisitions and advances, net of fees | 121,014 |
| Advances on loans receivable held-for-sale | 12,079 |
| Repayments of loans receivable | 1,604,866 |
| Proceeds from sales of loans receivable | 332,073 |
| Extension and exit fees received from loans receivable | 4,282 |
| Reserves and deposits held for loans receivable | 0 |
| Proceeds from partial sales of real estate owned | 60,484 |
| Capital expenditures on real estate owned | -2,360 |
| Capital expenditures on real estate owned held-for-sale | -362 |
| Payment of deferred leasing costs | 725 |
| Cash and restricted cash acquired from foreclosures on real estate owned | 4,148 |
| Payment of transaction costs from foreclosures on real estate owned | -1,592 |
| Net cash provided by (used in) investing activities | 1,867,721 |
| Dividends paid | 0 |
| Payments for withholding taxes upon delivery of stock-based awards | 1,467 |
| Proceeds from secured financings | 696,246 |
| Proceeds from debt related to real estate owned hotel portfolio | 235,000 |
| Payment of deferred financing costs | 26,237 |
| Payment of exit fees on secured financings | 1,038 |
| Purchase of interest rate cap | -71 |
| Repayments of secured financings | 2,245,772 |
| Repayments of secured term loan | 161,637 |
| Repayments of debt related to real estate owned hotel portfolio | 275,000 |
| Net cash (used in) provided by financing activities | -1,779,976 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 57,285 |
| Cash and cash equivalents at beginning of period | 133,500 |
| Cash and cash equivalents at end of period | 190,785 |
Claros Mortgage Trust, Inc. (CMTG)
Claros Mortgage Trust, Inc. (CMTG)