Discontinued — last reported Q1 '24

Geographic · Loans Receivable Specific CECL Reserve

Atlanta Ga — Loans Receivable Specific CECL Reserve

Claros Mortgage Trust Atlanta Ga — Loans Receivable Specific CECL Reserve decreased by 77.8% to $4.40M in Q1 2024 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ3 2023
Last reportedQ1 2024May 6, 2024

How to read this metric

An increase suggests deteriorating credit quality or higher perceived risk in the Atlanta portfolio, while a decrease indicates improved credit outlook or successful resolution of impaired assets.

Detailed definition

This metric represents the specific Current Expected Credit Loss (CECL) reserve allocated to individual loans receivable...

Peer comparison

Peers report similar specific reserves under CECL or incurred loss models, often categorized by geographic or asset-class risk buckets.

Metric ID: cmtg_segment_atlanta_ga_loans_receivable_specific_cecl_reserve

Historical Data

2 periods
 Q3 '23Q1 '24
Value$19.80M$4.40M
QoQ Change-77.8%
Range$4.40M$19.80M

Frequently Asked Questions

What is Claros Mortgage Trust's atlanta ga — loans receivable specific cecl reserve?
Claros Mortgage Trust (CMTG) reported atlanta ga — loans receivable specific cecl reserve of $4.40M in Q1 2024.
What does atlanta ga — loans receivable specific cecl reserve mean?
The amount of money set aside to cover expected credit losses for specific loans in the Atlanta market.