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Claros Mortgage Trust, Inc. Announces Filing of Registration Statement for Initial Public Offering | Business

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NEW YORK – (BUSINESS WIRE) – October 8, 2021–

Claros Mortgage Trust, Inc. (“CMTG”) today announced that it has filed a registration statement on Form S-11 with the United States Securities and Exchange Commission (“SEC”) relating to the initial public offering proposed of its common shares. CMTG intends to apply for listing of its common shares on the New York Stock Exchange under the symbol “CMTG”. The number of shares to be offered and the price range of the proposed offering have not yet been determined. The offer is subject to market conditions, and there can be no guarantee as to whether or when the offer can be made, or as to the size or actual conditions of the offer.

Morgan Stanley and JP Morgan are acting as joint lead bookkeepers for the proposed offering. Goldman Sachs & Co. LLC, Deutsche Bank Securities, UBS Investment Bank, Wells Fargo Securities, JMP Securities and Keefe, Bruyette & Woods, A Stifel company also act as bookkeepers.

The proposed offer will be made only by means of a prospectus. A copy of the preliminary prospectus relating to the proposed offering, when available, can be obtained from any of the following sources:

  • Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, New York 10014; Where
  • JP Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by phone at (866) 803-9204 or by email at prospectus-eq—[email protected]

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities cannot be sold and offers to buy cannot be accepted before the entry into force of the registration statement.

This press release does not constitute an offer to sell or the solicitation of an offer to buy such securities, and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Claros Mortgage Trust, Inc.

CMTG is a real estate investment trust that primarily focuses on providing senior and subordinate loans on transitional commercial real estate assets located in major US markets. CMTG is managed and advised externally by Claros REIT Management LP, a subsidiary of Mack Real Estate Credit Strategies. , LP

Forward-looking statements

Certain statements contained in this press release, including statements relating to CMTG’s expectations regarding the completion, timing and size of its proposed public offering and listing, may be considered as forward-looking statements within the meaning of Article 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. CMTG intends that all such forward-looking statements be covered by the applicable safe harbor provisions for forward-looking statements contained in such laws. Such forward-looking statements can generally be identified by CMTG’s use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “anticipate”, “estimate”. “,” Believe “,” continue “,” seek “,” objective “,” objective “,” strategy “,” plan “,” focus “,” priority “,” should “,” could “,”, “” optimistic ”or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Such statements are subject to certain risks and uncertainties, including known and unknown risks, which could cause actual results to differ materially from those projected or anticipated. Therefore, these statements are not intended to be a guarantee of the performance of CMTG in future periods. Except as required by law, CMTG assumes no obligation to update or revise any forward-looking statements contained in this press release.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211008005568/en/

CONTACT: Investor Relations:

Claros Mortgage Trust, Inc.

Anh Huynh

212-484-0090

[email protected]

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES COMMERCIAL BUILDING AND REAL ESTATE FINANCING CONSTRUCTION AND REAL ESTATE REIT BANKING

SOURCE: Claros Mortgage Trust, Inc.

Copyright Business Wire 2021.

PUB: 08/10/2021 16:32 / DISC: 08/10/2021 16:32

http://www.businesswire.com/news/home/20211008005568/en

Copyright Business Wire 2021.


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