---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-073109"
form_type: "8-K/A"
ticker: "FBRT"
cik: "0001562528"
company_name: "Franklin BSP Realty Trust, Inc."
filed_at: "2025-08-01T23:59:59+00:00"
generated_at: "2026-05-17T21:49:23.341904+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FBRT files pro forma financials for $427.9M NewPoint acquisition; combined net income down for 2024

## Summary
- Total purchase price $427.9M: $337M cash + 8.39M OP units at $10.84/share.
- Pro forma combined assets $6.25B at June 30, 2025; goodwill $78.9M recorded.
- Pro forma net income attributable to common: H1 2025 $39.4M ($0.47 EPS); FY2024 $54.7M ($0.65 EPS).
- FY2024 pro forma net income down from standalone FBRT $68.9M; includes $4.2M transaction costs.
- Acquisition accounted as business combination with ongoing amortization of intangibles and integration costs.

## SEC filing metadata
- accession: 0001104659-25-073109
- form_type: 8-K/A
- ticker: FBRT
- cik: 0001562528
- company_name: Franklin BSP Realty Trust, Inc.
- filed_at: 2025-08-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562528/000110465925073109/0001104659-25-073109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562528/000110465925073109/tm2522176d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-073109
- JSON: https://secwatch.observer/filing/0001104659-25-073109.json
- Plain text: https://secwatch.observer/filing/0001104659-25-073109.txt

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