---
schema_version: "secwatch.filing_event.v1"
accession: "0001562528-22-000019"
form_type: "8-K"
ticker: "FBRT"
cik: "0001562528"
company_name: "Franklin BSP Realty Trust, Inc."
filed_at: "2022-07-01T23:59:59+00:00"
generated_at: "2026-06-24T21:41:35.407331+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FBRT subsidiary closes $803M CRE securitization, issues $671M notes

## Summary
- Issuer BSPRT 2022-FL9 closed $803M CRE loan securitization, sold $671M notes in private placement.
- Notes comprise 10 classes (A through J); Class A $423.7M at SOFR+2.296%, Class E $11M at SOFR+5.411%.
- Net proceeds to repay borrowings, fund future loans and investments, and general corporate purposes.
- Portfolio includes 5 loans and 19 participations at $803M aggregate balance as of June 29, 2022.
- Notes mature May 15, 2039; weighted-average lives of Class A Notes expected 3.40 years.

## SEC filing metadata
- accession: 0001562528-22-000019
- form_type: 8-K
- ticker: FBRT
- cik: 0001562528
- company_name: Franklin BSP Realty Trust, Inc.
- filed_at: 2022-07-01T23:59:59+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/1562528/000156252822000019/0001562528-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562528/000156252822000019/bsprt-20220629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562528-22-000019
- JSON: https://secwatch.observer/filing/0001562528-22-000019.json
- Plain text: https://secwatch.observer/filing/0001562528-22-000019.txt

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