{"schema_version":"secwatch.filing_event.v1","accession":"0002035428-26-000019","form_type":"8-K","ticker":null,"cik":"0002035428","company_name":"Franklin BSP Real Estate Debt, Inc.","filed_at":"2026-04-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.423656+00:00","generated_at":"2026-05-15T07:09:37.312633+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 393,709 shares for $9.82M in private offering","bullets":["Sold 393,708.56 shares of Class G, G-D, and G-S common stock at $24.79-$24.97 per share.","Total aggregate consideration of $9,824,750, including $5,750 in upfront selling commissions and placement fees.","Sale exempt from registration under Section 4(a)(2) and Regulation D.","Shares convert into Class I common stock or other classes upon listing or liquidation events."],"urls":{"canonical":"https://secwatch.observer/filing/0002035428-26-000019","json":"https://secwatch.observer/filing/0002035428-26-000019.json","markdown":"https://secwatch.observer/filing/0002035428-26-000019.md","text":"https://secwatch.observer/filing/0002035428-26-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000019/0002035428-26-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000019/fbred-20260401.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T07:09:37.312633+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":"142922113ed8ec514186a0197e67a19f21bfcdc7","claim":"Franklin BSP Real Estate Debt, Inc. issued 324,949.94 of common stock for $24.97 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 $ 24.97 324,949.94 $ 8,114,000 Class G-D Common Stock $ 24.80 47,379.03 $ 1,175,000 Class G-S Common Stock $ 24.79 21,379.59 $ 535,750 393,708.56 $ 9,824,750 (1) Includes upfront selling","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000019/0002035428-26-000019-index.htm","confidence":0.85,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"324,949.94"},{"label":"Consideration","value":"$24.97 per share"}],"fact_type":"equity_issuance"},{"claim_id":"ce69b836aa05fa2ec4bcd0ff1102e007ef1fbabd","claim":"Franklin BSP Real Estate Debt, Inc. issued 47,379.03 of common stock for $24.80 per share.","evidence_excerpt":"Shares sold: Title of Securities Price per Share Number of Shares Sold Aggregate Consideration (1) Class G Common Stock $ 24.97 324,949.94 $ 8,114,000 Class G-D Common Stock $ 24.80 47,379.03 $ 1,175,000 Class G-S Common Stock $ 24.79 21,379.59 $ 535,750 393,708.56 $ 9,824,750 (1) Includes upfront selling commissions and placement fees of $5,750 for the Class","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000019/0002035428-26-000019-index.htm","confidence":0.85,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"47,379.03"},{"label":"Consideration","value":"$24.80 per share"}],"fact_type":"equity_issuance"},{"claim_id":"d3301437d86b692c4cb568fe6e7d614b6d2f24e6","claim":"Franklin BSP Real Estate Debt, Inc. issued 21,379.59 of common stock for $24.79 per share.","evidence_excerpt":"Shares sold: Title of Securities Price per Share Number of Shares Sold Aggregate Consideration (1) Class G Common Stock $ 24.97 324,949.94 $ 8,114,000 Class G-D Common Stock $ 24.80 47,379.03 $ 1,175,000 Class G-S Common Stock $ 24.79 21,379.59 $ 535,750 393,708.56 $ 9,824,750 (1) Includes upfront selling commissions and placement fees of $5,750 for the Class","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000019/0002035428-26-000019-index.htm","confidence":0.85,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"21,379.59"},{"label":"Consideration","value":"$24.79 per share"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}