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Franklin BSP Realty Trust Inc. - FBRT STOCK NEWS

Welcome to our dedicated news page for Franklin BSP Realty Trust (Ticker: FBRT), a resource for investors and traders seeking the latest updates and insights on Franklin BSP Realty Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Franklin BSP Realty Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Franklin BSP Realty Trust's position in the market.

Rhea-AI Summary
Franklin BSP Realty Trust, Inc. (FBRT) closes a $125 million floating-rate senior loan for industrial portfolio refinancing, showing commitment to $716 million in loan originations year-to-date. The 1.1 million square foot industrial portfolio is well-leased across Southwestern US locations. Fundrise Industrial Portfolio 2, sponsors the loan, with Cushman & Wakefield representing the borrower.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.8%
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none
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Rhea-AI Summary
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) will release its first quarter 2024 results on April 29, 2024. A conference call and webcast to discuss financial results will be held on April 30, 2024. Participants can access information on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
Tags
-
Rhea-AI Summary
Benefit Street Partners L.L.C. closes a $120 million senior loan to Silver Star Properties REIT for liquidating its real estate portfolio and transitioning to a self-storage REIT. The loan includes a co-terminus second mortgage loan, totaling $135 million, across 27 properties in Dallas, Houston, and San Antonio. Franklin BSP Realty Trust, Inc. (NYSE: FBRT) is involved in the loan allocation. The transaction showcases BSP's flexibility in challenging commercial real estate markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
none
Rhea-AI Summary
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) declares a first quarter 2024 dividend of $0.355 per common share. The dividend payout reflects the company's commitment to rewarding shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
dividends earnings
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Rhea-AI Summary
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) reported strong financial results for Q4 and FY 2023, with GAAP net income of $30.0 million and $144.5 million, respectively. Diluted EPS rose to $0.28 and $1.42 for the same periods. The company closed $231 million of new loan commitments in Q4 and $818 million for the year, ending with a core portfolio of $5.0 billion. FBRT's Board extended the share repurchase program through Dec 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.23%
Tags
-
Rhea-AI Summary
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) announced the release of its fourth-quarter 2023 results on February 14, 2024. A conference call and live webcast to discuss the financial results will be held on February 15, 2024, at 9:00 a.m. ET. Participants can access call and webcast information on the company's website. Pre-registration is encouraged, and access to the call is available via phone or live webcast. An audio replay will be available on the company's website for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.12%
Tags
Rhea-AI Summary
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) declares a fourth quarter 2023 dividend of $0.355 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
dividends earnings
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Rhea-AI Summary
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) to participate in Raymond James Non-Bank Lenders Symposium
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.73%
Tags
conferences
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Rhea-AI Summary
Franklin BSP Realty Trust (FBRT) reported GAAP net income of $31.0 million, or $0.30 per diluted common share, for the quarter ended September 30, 2023. Distributable Earnings were $42.0 million, or $0.43 per diluted common share on a fully converted basis. The company closed $153 million of new loan commitments and declared a third quarter common stock cash dividend of $0.355.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
Tags
Rhea-AI Summary
Franklin BSP Realty Trust, Inc. will release its Q3 2023 results on October 30, 2023. A conference call and webcast to discuss the financial results will be held on October 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
Franklin BSP Realty Trust Inc.

NYSE:FBRT

FBRT Rankings

FBRT Stock Data

1.02B
81.51M
0.11%
56.55%
3.38%
Other Financial Vehicles
Finance and Insurance
Link
US
New York

About FBRT

benefit street partners realty trust, inc. ("bsprt") is a publicly-registered, non-traded real estate investment trust ("reit") that originates, acquires and manages a diversified portfolio of commercial real estate debt secured by properties located in the united states. our experienced real estate team has extensive origination, underwriting and asset management capabilities and an extensive network of relationships with brokers and borrowers, which drives proprietary deal flow and a large pipeline of investment opportunities. we lend against all commercial property types across the united states with a national origination footprint including offices in new york, boca raton, charleston (sc) and san francisco. bsprt invests throughout the capital structure with a focus on generating attractive risk-adjusted returns. bsprt originates both fixed and floating rate loans on all commercial property types. bsprt is externally managed by benefit street partners, a leading credit-focused alt