{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-103739","form_type":"8-K","ticker":"FBRT","cik":"0001562528","company_name":"Franklin BSP Realty Trust, Inc.","filed_at":"2024-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.530894+00:00","generated_at":"2026-05-31T01:10:00.892043+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Franklin BSP Realty Trust closes ~$1.024B CRE securitization, sells $886M notes","bullets":["Closed $1.024B CRE securitization via subsidiary BSPRT 2024-FL11 Issuer on Sept 26, 2024.","Sold $886M of Class A-E floating-rate notes (private placement); retained ~$138M junior notes and preferred shares.","Portfolio of 23 multifamily, industrial, hospitality loans totaling $924M; $100M ramp-up for multifamily loans.","Proceeds to repay credit facilities, fund future loans, and for general corporate purposes.","Notes mature July 2039; weighted avg life 4.73-5.47 years for senior tranches."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-103739","json":"https://secwatch.observer/filing/0001104659-24-103739.json","markdown":"https://secwatch.observer/filing/0001104659-24-103739.md","text":"https://secwatch.observer/filing/0001104659-24-103739.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1562528/000110465924103739/0001104659-24-103739-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1562528/000110465924103739/tm2424658d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T01:10:00.892043+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}