---
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"
generated_at: "2026-05-31T01:10:00.892043+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Franklin BSP Realty Trust closes ~$1.024B CRE securitization, sells $886M notes

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-103739
- JSON: https://secwatch.observer/filing/0001104659-24-103739.json
- Plain text: https://secwatch.observer/filing/0001104659-24-103739.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.