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Sector | Real Estate |
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Industry | REIT - Mortgage |
Exchange | NYSE |
CurrencyCode | USD |
ISIN | US18270D1063 |
Dividend Yield | 11.% |
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Beta | 1.12 |
Market Cap | 339M |
PE Ratio | None |
Target Price | 3 |
Claros Mortgage Trust, Inc. operates as a real estate investment trust. It focuses on originating senior and subordinate loans on transitional commercial real estate assets in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to federal and state income tax on that portion of its income that is distributed to shareholders if it distributes at least 90% of its taxable income and complies with certain other requirements to quality as a REIT. Claros Mortgage Trust, Inc. was incorporated in 2015 and is headquartered in New York, New York.
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