{"schema_version":"secwatch.filing_event.v1","accession":"0002035428-26-000006","form_type":"8-K","ticker":null,"cik":"0002035428","company_name":"Franklin BSP Real Estate Debt, Inc.","filed_at":"2026-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.079998+00:00","generated_at":"2026-05-16T04:10:53.792086+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 $11.1M in private offering of common stock","bullets":["Sold 444,469 shares across classes G, G-D, G-S, E, and I for aggregate $11,110,881.","Class G common stock: 287,467 shares at $25.02 each, raising $7.19M.","Other classes: G-D (64,185 at $24.85), G-S (86,715 at $24.84), E (602 at $24.90), I (5,500 at $25.00).","Shares sold under Section 4(a)(2) and Regulation D exemption from registration.","Certain classes automatically convert to Class I common stock upon liquidation or listing."],"urls":{"canonical":"https://secwatch.observer/filing/0002035428-26-000006","json":"https://secwatch.observer/filing/0002035428-26-000006.json","markdown":"https://secwatch.observer/filing/0002035428-26-000006.md","text":"https://secwatch.observer/filing/0002035428-26-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000006/0002035428-26-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000006/fbred-20260202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:10:53.792086+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":"1f569047d38f2d1dc5394043f25225184060695e","claim":"Franklin BSP Real Estate Debt, Inc. issued 444,469.38 shares of its Class G common stock, Class G-D common stock, Class G-S common stock, Class E common stock and Class I common stock of common stock to unknown for $11,110,881 (including upfront selling commissions and placement fees).","evidence_excerpt":"$ 1,595,000 Class G-S Common Stock $ 24.84 86,715.22 $ 2,170,966 Class E Common Stock $ 24.90 602.41 $ 15,000 Class I Common Stock $ 25.00 5,500.00 $ 137,500 444,469.38 $ 11,110,881 (1) Includes upfront selling commissions and placement fees of $16,960 for the Class G-S Common Stock. Upon or immediately prior to the occurrence of certain events, including","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000006/0002035428-26-000006-index.htm","confidence":0.95,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"444,469.38 shares of its Class G common stock, Class G-D common stock, Class G-S common stock, Class E common stock and Class I common stock"},{"label":"Consideration","value":"$11,110,881 (including upfront selling commissions and placement fees)"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}