Claros Mortgage Trust's investor presentation on December 4, 2024, provided an update on its financial position, including liquidity and unfunded loan commitments. The company reported available liquidity of $154 million as of November 5, 2024. This liquidity comprised $6 million in cash and cash equivalents and $148 million in approved and undrawn credit capacity.
The company detailed its unfunded commitments, which totaled $584 million. Of this amount, $361 million was covered by in-place financings. Equity required for these commitments was $185 million, with $38 million not expected to fund.
These figures offer a snapshot of the company's financial flexibility and future funding obligations. The management continues to focus on managing its portfolio and capital structure in the current market environment.
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