Highest-materiality recent filing
FBRT Q4 GAAP EPS $0.13, cuts quarterly dividend to $0.20 from $0.355
GAAP net income $18.4M (Q4), $84.1M (FY); diluted EPS $0.13 and $0.64 vs $0.29 and $0.82 YoY.
Franklin BSP Realty Trust appoints Michael Comparato as CEO; Brian Buffone as President
Michael Comparato, previously President, appointed CEO effective Feb 10, 2026; Richard Byrne resigns as CEO but remains Chairman.
FBRT files pro forma financials for $427.9M NewPoint acquisition; combined net income down for 2024
Total purchase price $427.9M: $337M cash + 8.39M OP units at $10.84/share.
Franklin BSP Realty Trust files audited FY2024 financials for acquired NewPoint Holdings
NewPoint's total assets $503M and members' equity $315.8M as of Dec 31, 2024.
Franklin BSP Realty Trust closes $425M acquisition of NewPoint multifamily lender
Total consideration of $425M: $318.75M cash plus 8,385,951 Class A Units of FBRT OP LLC.
Franklin BSP Realty Trust acquires NewPoint Holdings for $318.75M cash plus equity units
Cash consideration of $318.75M plus 8,385,951 Class A Units of Purchaser OP; expected close in Q3 2025.
Franklin BSP Realty Trust closes ~$1.024B CRE securitization, sells $886M notes
Closed $1.024B CRE securitization via subsidiary BSPRT 2024-FL11 Issuer on Sept 26, 2024.
FBRT recovers full loan principal and ~$20M extra from Williamsburg Hotel sale for $96M
Sale of Williamsburg Hotel closed at $96M (cash + new debt) via bankruptcy court trustee.
Franklin BSP Realty Trust reports $28.4M loan fraud loss; files lawsuit, obtains asset freeze
On July 26, 2022, subsidiary filed lawsuit in Dallas County, TX against borrower, sponsor, guarantors for fraud on $113.2M loan secured by 24 Walgreens properties.
FBRT subsidiary closes $803M CRE securitization, issues $671M notes
Issuer BSPRT 2022-FL9 closed $803M CRE loan securitization, sold $671M notes in private placement.
ARM Agency Securities portfolio fell to $336M as of May 16, 2022, from $1.9B as of March 31, 2022.
FBRT Q1 GAAP net loss $22.5M; Run-Rate Distributable Earnings $40.1M; ARM portfolio slashed to $1.9B
GAAP net loss $22.5M ($0.30 per fully converted share) vs $72.9M loss in Q4 2021.
On March 20, 2023, the board of directors (the “ Board ”) of Franklin BSP Realty Trust, Inc. (the “ Company ”) appointed Michael Comparato to succeed Richard J. Byrne as the Company’s President, effective immediately.
increased the size of the Board from seven to eight directors and appointed Joe Dumars to the Board, effective January 1, 2023
On December 17, 2021, the board of directors of Franklin BSP Realty Trust, Inc. (the “ Company ”) appointed Jerome Baglien, the Company’s Chief Financial Officer and Treasurer, to also serve as the Company’s Chief Operating Officer, effective December 17, 2021.
Max materiality 0.85 · Median 0.50 · Most common event earnings