Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2021

Real Estate And Accumulated Depreciation Disclosure [Abstract]

Schedule III – Real Estate and Accumulated Depreciation

Claros Mortgage Trust, Inc.

Schedule III – Real Estate and Accumulated Depreciation

As of December 31, 2021

(in thousands)

			Initial Cost to Registrant						Cost capitalized subsequent to acquisition		At December 31, 2021
Description	Encumbrances		Land		Building		Furniture, fixtures and equipment		Improvements		Land		Building		Furniture, fixtures and equipment		Total (1)		Accumulated Depreciation			Date Acquired	Life
Hotels in New York, NY	$	290,000	$	123,100	$	284,400	$	6,500	$	-	$	123,100	$	284,400	$	6,500	$	414,000	$	(7,113	)	2/8/2021	40 yrs

(1) The aggregate cost for U.S federal income tax purposes is $424,944,107 at December 31, 2021.

Reconciliation of Real Estate:

The following table reconciles real estate from December 31, 2020 to December 31, 2021 (in thousands):

	Year Ended
	December 31, 2021
Real Estate
Balance at beginning of period	$	-
Acquisition through foreclosure		414,000
Balance at end of period	$	414,000
Accumulated Depreciation
Balance at beginning of period	$	-
Additions charged to operating expenses		7,113
Balance at end of period	$	7,113