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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. (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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Franklin BSP Realty Trust, Inc. announces the closing of an approximately $900 million CRE CLO. FBRT's tenth CLO completed since June 2017. FL10's starting LTV of 59% is among the lowest in recent years. The transaction allows FBRT to increase capacity on warehouse lines. Positive execution of FL10 and return to the CLO market.
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Franklin BSP Realty Trust, Inc. (NYSE: FBRT) announced the closing of an $80 million loan to refinance the Alexan Waterloo, a luxury high-rise multifamily property in downtown Austin, Texas. The loan was provided to Crow Holdings Capital, the property developer, and structured with a two-year initial term and three one-year extension options. FBRT's President, Michael Comparato, expressed excitement about the financing, emphasizing the high quality of the property and borrower.
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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 $12.68 as of January 21, 2025.

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

1.04B
81.24M
0.11%
56.55%
2.09%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
NEW YORK