Claros Mortgage Trust Inc. announced on June 4, 2025, that it has entered into an Amended and Restated Uncommitted Master Repurchase Agreement with JPMorgan Chase Bank, National Association. The agreement, which involves CMTG JNP Finance LLC, a wholly owned subsidiary of Claros, increases the maximum facility amount to $663.7 million. This amendment provides varying levels of recourse to Claros Mortgage Trust Inc. based on the assets financed. The agreement marks a significant step in enhancing the company's financial operations and capacity.
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