# EDGAR Filing Document

**Accession Number:** 0001666291
**File Stem:** 0001193125-25-178187
**Filing Date:** 2025-8
**Character Count:** 4581
**Document Hash:** 081ce4ca020daeaeb97bbba8d0c585b6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-178187.hdr.sgml**: 20251217

**ACCESSION NUMBER**: 0001193125-25-178187

**CONFORMED SUBMISSION TYPE**: CORRESP

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250811

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Claros Mortgage Trust, Inc.
- **CENTRAL INDEX KEY:** 0001666291
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 474074900
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**BUSINESS ADDRESS:**
- **STREET 1:** C/O MACK REAL ESTATE GROUP
- **STREET 2:** 60 COLUMBUS CIRCLE, 20TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10023
- **BUSINESS PHONE:** 212-484-0050

**MAIL ADDRESS:**
- **STREET 1:** C/O MACK REAL ESTATE GROUP
- **STREET 2:** 60 COLUMBUS CIRCLE, 20TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10023

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| | | |
|:---|:---|:---|
|  | 10250 Constellation Blvd., Suite 1100 | 10250 Constellation Blvd., Suite 1100 |
|  | Los Angeles, California 90067 | Los Angeles, California 90067 |
|  | Tel: +1.424.653.5500 Fax: +1.424.653.5501 www.lw.com | Tel: +1.424.653.5500 Fax: +1.424.653.5501 www.lw.com |
| ![LOGO](g36727g0812021953385.jpg) | FIRM / AFFILIATE OFFICES | FIRM / AFFILIATE OFFICES |
| ![LOGO](g36727g0812021953385.jpg) | Austin | Milan |
| ![LOGO](g36727g0812021953385.jpg) | Beijing | Munich |
|  | Boston | New York |
|  | Brussels | Orange County |
|  | Chicago | Paris |
|  | Dubai | Riyadh |
| August 11, 2025 | Düsseldorf | San Diego |
|  | Frankfurt | San Francisco |
|  | Hamburg | Seoul |
|  | Hong Kong | Silicon Valley |
|  | Houston | Singapore |
|  | London | Tel Aviv |
|  | Los Angeles | Tokyo |
|  | Madrid | Washington, D.C. |

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<u>Via EDGAR</u> 

U.S. Securities and Exchange Commission

Division of Corporation Finance

Office of Real Estate & Construction

100 F Street, N.E.

Washington, DC 20549

Attention: Jeffrey Lewis and Shannon Menjivar

---

| | |
|:---|:---|
| **Re:** | **Claros Mortgage Trust, Inc.**  |

---

**Form 10-K for the fiscal year ended December 31, 2024** 

**Form 10-Q for the quarterly period ended March 31, 2025** 

**File No. 001-40993** 

Dear Mr. Lewis and Ms. Menjivar:

On behalf of our client, Claros Mortgage Trust, Inc., a Maryland corporation (the "<u>Company</u>"), set forth below is the Company's response to the comment letter, dated August 4, 2025, from the staff of the Division of Corporation Finance (the "<u>Staff</u>") of the U.S. Securities and Exchange Commission (the "<u>SEC</u>"), relating to the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025 (the "<u>Form 10-</u><u>Q</u>").

For convenience of reference, the text of the Staff's comment has been reproduced below in bold and italics, followed by the Company's response thereto.

All terms used but not defined herein have the meanings assigned to such terms in the Form 10-Q.

**<u>Form 10-Q for the quarterly period ended March 31, 2025</u>**

**<u>Note 15. Segment Reporting, page 29</u>**

1.  ***We note your calculation of Distributable Loss for your loan and REO portfolios, as well as your reconciliation to Net loss. Please tell us whether operating expenses represents a significant segment expense determined in accordance with ASC 280-10-50-26A or if it represents "other segment items" in accordance with ASC 280-10-50- 26B. If the amount represents other segment items, please tell us how you complied with the guidance in ASC 280-10-50-26B, including disclosure of a qualitative description of the composition of other segment items.*** 

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**August 11, 2025**

**Page 2**

![LOGO](g36727g0812021953216.jpg)

<u>Response</u>:

The Company acknowledges the Staff's comment. The Company respectfully advises the Staff that operating expenses for the Company's real estate owned portfolio represent a significant segment expense determined in accordance with ASC 280-10-50-26A and are regularly provided to the Chief Operating Decision Maker.

\* \* \* \*

If you have any questions or comments with regard to this response or other matters, please call me at (213) 891-8185. For any future written correspondence sent by email, please use the following address: brent.epstein@lw.com.

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| |
|:---|
| Sincerely, |
| /s/ Brent T. Epstein |
| Brent T. Epstein<br> of LATHAM & WATKINS LLP |

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Cc: J. Michael McGillis, Claros Mortgage Trust, Inc.

J.D. Siegel, Claros Mortgage Trust, Inc.

Devon MacLaughlin, Latham & Watkins LLP