Claros Mortgage Trust Inc. filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Claros Mortgage Trust, Inc.

(Exact name of Registrant as Specified in Its Charter)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.01 Completion of Acquisition or Disposition of Assets.

On July 1, 2025, a wholly owned subsidiary of Claros Mortgage Trust, Inc. (the "Company") completed a mortgage foreclosure on two multifamily properties located in Texas (the "Property") which previously served as the collateral for a senior loan receivable held-for-investment (the "Loan") made to Park West I LLC, Park West II LLC, Park West III LLC, Park West IV LLC, Park West VII LP, Cedar Springs I LLC, Cedar Springs II LLC, Cedar Springs III LLC, Cedar Springs V LLC, and Cedar Springs VII LP, as unaffiliated third-party borrowers. As previously disclosed in the Company's Form 10-Q for the quarterly period ended March 31, 2025 filed on May 7, 2025, the Loan was on non-accrual status, was risk rated 5, and had a carrying value net of specific CECL reserves of $118.1 million.

Item 9.01 Financial Statements and Exhibits.

The Company intends to amend this Form 8-K, no later than 71 calendar days after the date this Form 8-K was required to be filed, to include the required Item 9.01 historical and pro forma financial statements prepared pursuant to Rule 3-14 of Regulation S-X relating to the acquisition of the Property.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.