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Franklin BSP Realty Trust, Inc. - FBRT STOCK NEWS

Welcome to our dedicated page for Franklin BSP Realty Trust news (Ticker: FBRT), a resource for investors and traders seeking the latest updates and insights on Franklin BSP Realty Trust stock.

Franklin BSP Realty Trust, Inc. (symbol: FBRT) is a prominent, publicly-registered, non-traded real estate investment trust (REIT) that focuses on originating, acquiring, and managing a diversified portfolio of commercial real estate debt. The company primarily deals with properties located across the United States.

FBRT boasts a seasoned real estate team with extensive expertise in origination, underwriting, and asset management. Leveraging a comprehensive network of relationships with brokers and borrowers, FBRT drives proprietary deal flow and constructs a robust pipeline of investment opportunities. This allows them to lend against all types of commercial properties throughout the country.

Headquartered in New York, with additional offices in Boca Raton, Charleston (SC), and San Francisco, FBRT maintains a national origination footprint. They invest across the capital structure, with a specific focus on generating attractive risk-adjusted returns. The company originates both fixed and floating rate loans on various commercial property types.

Externally managed by Benefit Street Partners, a leading credit-focused alternative asset management firm, FBRT continues to enhance its portfolio and investment strategies. Recent achievements and ongoing projects underline their unwavering commitment to financial growth and stability. As a result, FBRT remains a significant player in the commercial real estate debt market.

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Franklin BSP Realty Trust, Inc. (FBRT) closes a $125 million floating-rate senior loan for industrial portfolio refinancing, showing commitment to $716 million in loan originations year-to-date. The 1.1 million square foot industrial portfolio is well-leased across Southwestern US locations. Fundrise Industrial Portfolio 2, sponsors the loan, with Cushman & Wakefield representing the borrower.
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Franklin BSP Realty Trust, Inc. (NYSE: FBRT) will release its first quarter 2024 results on April 29, 2024. A conference call and webcast to discuss financial results will be held on April 30, 2024. Participants can access information on the Company's website.
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Benefit Street Partners L.L.C. closes a $120 million senior loan to Silver Star Properties REIT for liquidating its real estate portfolio and transitioning to a self-storage REIT. The loan includes a co-terminus second mortgage loan, totaling $135 million, across 27 properties in Dallas, Houston, and San Antonio. Franklin BSP Realty Trust, Inc. (NYSE: FBRT) is involved in the loan allocation. The transaction showcases BSP's flexibility in challenging commercial real estate markets.
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Franklin BSP Realty Trust, Inc. (NYSE: FBRT) declares a first quarter 2024 dividend of $0.355 per common share. The dividend payout reflects the company's commitment to rewarding shareholders.
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Franklin BSP Realty Trust, Inc. (NYSE: FBRT) reported strong financial results for Q4 and FY 2023, with GAAP net income of $30.0 million and $144.5 million, respectively. Diluted EPS rose to $0.28 and $1.42 for the same periods. The company closed $231 million of new loan commitments in Q4 and $818 million for the year, ending with a core portfolio of $5.0 billion. FBRT's Board extended the share repurchase program through Dec 31, 2024.
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Franklin BSP Realty Trust, Inc. (NYSE: FBRT) announced the release of its fourth-quarter 2023 results on February 14, 2024. A conference call and live webcast to discuss the financial results will be held on February 15, 2024, at 9:00 a.m. ET. Participants can access call and webcast information on the company's website. Pre-registration is encouraged, and access to the call is available via phone or live webcast. An audio replay will be available on the company's website for 90 days.
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Franklin BSP Realty Trust, Inc. (NYSE: FBRT) declares a fourth quarter 2023 dividend of $0.355 per common share.
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Franklin BSP Realty Trust, Inc. (NYSE: FBRT) to participate in Raymond James Non-Bank Lenders Symposium
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Franklin BSP Realty Trust (FBRT) reported GAAP net income of $31.0 million, or $0.30 per diluted common share, for the quarter ended September 30, 2023. Distributable Earnings were $42.0 million, or $0.43 per diluted common share on a fully converted basis. The company closed $153 million of new loan commitments and declared a third quarter common stock cash dividend of $0.355.
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Franklin BSP Realty Trust, Inc. will release its Q3 2023 results on October 30, 2023. A conference call and webcast to discuss the financial results will be held on October 31, 2023.
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FAQ

What is the current stock price of Franklin BSP Realty Trust (FBRT)?

The current stock price of Franklin BSP Realty Trust (FBRT) is $12.83 as of November 20, 2024.

What is the market cap of Franklin BSP Realty Trust (FBRT)?

The market cap of Franklin BSP Realty Trust (FBRT) is approximately 1.0B.

What is Franklin BSP Realty Trust, Inc.?

Franklin BSP Realty Trust, Inc. (FBRT) is a non-traded real estate investment trust (REIT) that focuses on originating, acquiring, and managing a diversified portfolio of commercial real estate debt in the U.S.

What types of properties does FBRT invest in?

FBRT invests in all types of commercial properties across the United States, including both fixed and floating rate loans.

Where is Franklin BSP Realty Trust, Inc. headquartered?

FBRT is headquartered in New York, with additional offices in Boca Raton, Charleston (SC), and San Francisco.

Who manages FBRT?

FBRT is externally managed by Benefit Street Partners, a leading credit-focused alternative asset management firm.

What is the primary goal of FBRT’s investment strategy?

FBRT aims to generate attractive risk-adjusted returns by investing throughout the capital structure of commercial real estate debt.

What expertise does the FBRT real estate team have?

FBRT’s real estate team has extensive experience in origination, underwriting, and asset management.

How does FBRT source its investment opportunities?

FBRT leverages a network of relationships with brokers and borrowers to drive proprietary deal flow and maintain a large pipeline of investment opportunities.

What type of loans does FBRT originate?

FBRT originates both fixed and floating rate loans on various types of commercial properties.

What recent achievements has FBRT accomplished?

FBRT has continued to diversify and strengthen its portfolio, emphasizing financial growth and stability.

What makes FBRT significant in the commercial real estate debt market?

FBRT’s broad network, experienced team, and strategic investment approach make it a significant player in the commercial real estate debt market.

Franklin BSP Realty Trust, Inc.

NYSE:FBRT

FBRT Rankings

FBRT Stock Data

1.05B
81.24M
0.11%
56.55%
2.32%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
NEW YORK