Nareit Welcomes New Member

Nareit is pleased to welcome a new corporate member.

Claros Mortgage Trust, Inc. (CMTG) is a private mREIT domiciled in Maryland and externally managed by Claros REIT Management, LP, a commonly controlled affiliate of Mack Real Estate Credit Strategies, L.P. CMTG operates in the commercial real estate financing subsegment and aims to create a diversified portfolio of income-producing loans collateralized by institutional quality commercial real estate. The REIT, led by Richard Mack, Peter Sotoloff, and Michael McGillis, was founded in 2015.

(Contact: Afia Nyarko Boone at aboone@nareit.com and Katelyn Rowland at krowland@nareit.com)

The Nareit Developments section on reit.com provides updates of Nareit's activities and key events impacting the REIT and commercial real estate industry. Nareit is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Please see our Terms of Use.