Claros Mortgage Trust, Inc. (CMTG) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Clarros Mortgage Trust third quarter 2025 earnings conference call. My name is Alisa and I will be your conference facilitator today. Our participants will be in a listen only mode. After a speaker's remarks, there will be a question and answer period. If you would like to ask a question, please enter a star followed by one on your telephone keypad. I would now like to hand the call over to Anh Nguyen, Vice President of Investor Relations for Clarros Mortgage Trust. Please proceed. Thank you. I'm joined by Richard Mack, Chief Executive Officer and Chairman of Claris Mortgage Trust, and Mike McGillis, President, Chief Financial Officer and Director of Claris Mortgage Trust. We also have Priyanka Garg, Executive Vice President, who leads credit strategies for Mack Real Estate Group. Prior to this call, we distributed CMTG's earnings release and supplement. We encourage you to reference these documents in conjunction with the information presented on today's call. If you have any questions, please contact me. I'd like to remind everyone that today's call may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in our other filings with the SEC. Any forward-looking statements made on this call represent our views only as of today. and we undertake no obligation to update them. We will also be referring to certain non-GAAP financial measures on today's call, such as distributable earnings, which we believe may be important to investors to assess our operating performance. For reconciliation of non-GAAP measures to their nearest GAAP equivale...