{"schema_version":"secwatch.filing_event.v1","accession":"0002035428-25-000036","form_type":"8-K","ticker":null,"cik":"0002035428","company_name":"Franklin BSP Real Estate Debt, Inc.","filed_at":"2025-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.422551+00:00","generated_at":"2026-05-16T23:11:49.395553+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Franklin BSP Real Estate Debt sells 535,685 shares in private offering for $13.5M","bullets":["Sold 228,247 Class G shares at $25.15, 63,025 Class G-D at $24.99, 244,413 Class G-S at $24.97.","Total aggregate consideration of $13,475,500 includes $57,100 in upfront selling commissions and placement fees.","Shares sold via continuous private offering exempt from registration under Section 4(a)(2) and Regulation D.","Shares may convert to Class I common stock or into Class F shares upon certain events, subject to ownership limits."],"urls":{"canonical":"https://secwatch.observer/filing/0002035428-25-000036","json":"https://secwatch.observer/filing/0002035428-25-000036.json","markdown":"https://secwatch.observer/filing/0002035428-25-000036.md","text":"https://secwatch.observer/filing/0002035428-25-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2035428/000203542825000036/0002035428-25-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2035428/000203542825000036/fbred-20251103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:11:49.395553+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":[{"claim_id":"513bcbd0654b77655c91e0f456262324bd8990d4","claim":"Franklin BSP Real Estate Debt, Inc. issued 244,413.29 shares of common stock for $24.97 per share.","evidence_excerpt":"Shares sold: Title of Securities Price per Share Number of Shares Sold Aggregate Consideration (1) Class G Common Stock $ 25.15 228,246.53 $ 5,740,400 Class G-D Common Stock $ 24.99 63,025.21 $ 1,575,000 Class G-S Common Stock $ 24.97 244,413.29 $ 6,160,100 535,685.03 $ 13,475,500 (1) Includes upfront selling commissions and placement fees of $57,100 for the","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542825000036/0002035428-25-000036-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"244,413.29 shares"},{"label":"Consideration","value":"$24.97 per share"}],"fact_type":"equity_issuance"},{"claim_id":"7d9f674f63b806df2a589308c4ea3cd10a72a27f","claim":"Franklin BSP Real Estate Debt, Inc. issued 228,246.53 shares of common stock for $25.15 per share.","evidence_excerpt":"Regulation D thereunder. The following table details the Shares sold: Title of Securities Price per Share Number of Shares Sold Aggregate Consideration (1) Class G Common Stock $ 25.15 228,246.53 $ 5,740,400 Class G-D Common Stock $ 24.99 63,025.21 $ 1,575,000 Class G-S Common Stock $ 24.97 244,413.29 $ 6,160,100 535,685.03 $ 13,475,500 (1) Includes upfront","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542825000036/0002035428-25-000036-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"228,246.53 shares"},{"label":"Consideration","value":"$25.15 per share"}],"fact_type":"equity_issuance"},{"claim_id":"d010f6f6840ef2a4d5080ac5f3df5cd199dc2507","claim":"Franklin BSP Real Estate Debt, Inc. issued 63,025.21 shares of common stock for $24.99 per share.","evidence_excerpt":"Shares sold: Title of Securities Price per Share Number of Shares Sold Aggregate Consideration (1) Class G Common Stock $ 25.15 228,246.53 $ 5,740,400 Class G-D Common Stock $ 24.99 63,025.21 $ 1,575,000 Class G-S Common Stock $ 24.97 244,413.29 $ 6,160,100 535,685.03 $ 13,475,500 (1) Includes upfront selling commissions and placement fees of $57,100 for the","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542825000036/0002035428-25-000036-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"63,025.21 shares"},{"label":"Consideration","value":"$24.99 per share"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}