Welcome to our dedicated page for Franklin Bsp Rlty Tr news (Ticker: FBRT), a resource for investors and traders seeking the latest updates and insights on Franklin Bsp Rlty Tr stock.
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) is a U.S.-focused real estate investment trust that concentrates on commercial real estate debt secured by properties across the country. The FBRT news feed highlights company announcements related to its lending activities, capital markets transactions, quarterly earnings and dividend declarations, giving readers direct access to the company’s own updates.
Recent press releases show FBRT reporting quarterly results, describing the performance of its core commercial mortgage loan portfolio, conduit lending business and agency segment, and outlining metrics such as loan originations, repayments, real estate owned positions and liquidity. The company also issues news when its board declares quarterly cash dividends on common stock, its 7.50% Series E Cumulative Redeemable Preferred Stock and its convertible Series H Preferred Stock.
News items further cover significant corporate and financing events. Examples include the closing and pricing of commercial real estate collateralized loan obligation transactions, the issuance of unsecured senior notes by its operating partnership, and the completion of the acquisition of NewPoint Holdings JV LLC, a commercial real estate finance company that adds agency lending capabilities and multifamily lending scale to FBRT’s platform. These releases often explain how such transactions relate to the company’s broader commercial real estate debt strategy.
The FBRT news page also features notices about scheduled earnings releases and conference calls, including dial-in and webcast details and references to supplemental earnings presentations. Investors and analysts who follow FBRT’s common stock (FBRT) and preferred stock (FBRT PRE) can use this news stream to track the company’s financial reporting schedule, portfolio developments, securitization activity and capital allocation decisions over time.
Franklin BSP Realty Trust (NYSE: FBRT) announced the closing of five first mortgage floating-rate bridge loans amounting to
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) announced its participation in Nareit’s REITweek 2022 Investor Conference on June 7, 2022, at 2:15 p.m. Eastern Time. The presentation will be available via live audio webcast on the company's website. FBRT focuses on originating, acquiring, and managing a diversified portfolio of commercial real estate debt across the United States, boasting over $7.1 billion in assets as of March 31, 2022. The company is externally managed by Benefit Street Partners, a subsidiary of Franklin Templeton.
Franklin BSP Realty Trust (FBRT) reported a GAAP net loss of $(22.5) million or $(0.99) per diluted share for Q1 2022, improving from a loss of $(72.9) million in Q4 2021. Run-Rate Distributable Earnings were $40.1 million or $0.39 per share, down from $48.2 million in the previous quarter. The company successfully reduced its ARM portfolio by $2.6 billion. The book value as of March 31, 2022, was $16.50 per share, and a cash dividend of $0.355 per share was declared, yielding 8.6%. A conference call is scheduled for May 5, 2022, to discuss results further.
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) announced the conversion of all outstanding shares of its Series F Convertible Preferred Stock into common stock on April 19, 2022. This conversion resulted in the issuance of 83,690,662 shares of common stock, all of which are now freely tradeable on the New York Stock Exchange. Following this event, there are no remaining Series F Preferred Stock shares. As of December 31, 2021, FBRT managed over $9 billion in assets, focusing on a diversified portfolio of commercial real estate debt in the United States.
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) will release its Q1 2022 results after market close on May 4, 2022. A conference call is scheduled for May 5, 2022 at 10:00 a.m. ET to discuss these results. The company, which manages over $9 billion in assets, originates and manages a diversified portfolio of commercial real estate debt across the U.S. Interested participants can access the call via phone or live webcast. Further details and registration can be found on the company’s official website.
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Franklin BSP Realty Trust (NYSE: FBRT) reported a net income of $(72.9) million or $(2.31) per diluted share for Q4 2021, with a full-year net income of $25.7 million or $(0.18) per diluted share. The company declared a quarterly dividend of $0.355, yielding 8.2%. Distributable Earnings for Q4 were $34.6 million, translating to $0.36 per share. The total core portfolio grew by $970 million, totaling $4.2 billion. The fair market value of the residential ARM portfolio decreased significantly, ending at $4.6 billion in Q4, down from $7.1 billion in Q3 2021. Book value stood at $17.25 per share.
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) announced the closing of its largest Commercial Real Estate Collateralized Loan Obligation (CLO), the $1.2 billion FL8 CRE CLO. This marks FBRT's eighth CLO since June 2017, featuring a two-year reinvestment period and an initial 80% advance rate, with a weighted average interest rate of SOFR+1.72%. The successful closing indicates strong demand from investors, reinforcing FBRT's position in the CRE market.
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) announced it will release its fourth quarter 2021 financial results on February 23, 2022. A conference call will be hosted on February 24, 2022, at 10:00 a.m. ET to discuss the results. As of September 30, 2021, FBRT reported over $3 billion in assets and is externally managed by Benefit Street Partners, a subsidiary of Franklin Templeton. Investors can find more details on the company’s website and are encouraged to pre-register for the call to ensure participation.
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) reported record commitments of