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11.02.26 - 22:18
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Franklin BSP Realty Trust, Inc. Announces Fourth Quarter and Full Year 2025 Results (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter and full year ended December 31, 2025.
Reported GAAP net income of $18.4 million and $84.1 million for the three and twelve months ended December 31, 2025, respectively, compared to $30.2 million and $92.4 million for the three and twelve months ended December 31, 2024, respectively. Reported diluted earnings per share ("EPS") to common stockholders of $0.13 and $0.64 for the three and twelve months ended December 31, 2025, respectively, compared to $0.29 and $0.82 for the three and twelve months ended December 31, 2024, respectively.
Reported Distributable Earnings (a non-GAAP financial measure) of $17.9 million and $67.3 million, or $0.12 and $0.49 per diluted common share on a fully converted basis(1), for the three and twelve months ended December 31, 2025, respectively, compared to $31.2 million and $100.7 million, or $0.30 and $0.92 per...
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10.02.26 - 22:36
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Franklin BSP Realty Trust Announces Leadership Transition (Business Wire)
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Michael Comparato Named Chief Executive Officer
Brian Buffone Promoted to President
Richard Byrne to Remain as Chairman
NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (the “Company” or “FBRT”) today announced that the Board of Directors of the Company has appointed Michael Comparato, currently the Company's President, as Chief Executive Officer and Brian Buffone as President, effective immediately. Richard Byrne will continue as Chairman of the Board of Directors.
Mr. Byrne commented: “I am excited to welcome Mike Comparato in his new role. Mike is a highly respected industry leader who has been instrumental in building and scaling Benefit Street Partners' real estate platform. I am also proud to welcome Brian Buffone as President. Brian is a seasoned real estate veteran and long-time member of our investment team. Together, these appointments represent a natural evolution of FBRT's leadership and leave us well positioned to execute our strategy in a dynamic market environment.?...
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15.01.26 - 12:06
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Franklin BSP Realty Trust, Inc. Schedules Fourth Quarter 2025 Earnings Release and Conference Call (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its fourth quarter 2025 results on Wednesday, February 11, 2026, after the close of trading on the New York Stock Exchange. The Company will host a conference call and live audio webcast to discuss its financial results on Thursday, February 12, 2026, at 9:00 a.m. ET.
All conference call and webcast information can be found on the Company's website at https://www.fbrtreit.com. Participants are encouraged to pre-register for the call and webcast at https://dpregister.com/sreg/10205787/103127751b1. If you are unable to pre-register, the conference call may be accessed by dialing (844) 701-1166 (Domestic) or (412) 317-5795 (International). Ask to join the Franklin BSP Realty Trust conference call. Participants should call in at least five minutes prior to the start of the call.
The call will also be accessible via live webcast at https://ccmediaframe.com/?id=fHQJfYok...
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16.12.25 - 12:06
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Franklin BSP Realty Trust, Inc. Announces Fourth Quarter 2025 Common Stock Dividend of $0.355 Per Share and Series E Cumulative Redeemable Preferred Stock Dividend of $0.46875 Per Share (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced its Board of Directors has declared a fourth quarter 2025 dividend of $0.355 per common share. The dividend is payable on or about January 12, 2026, to common stockholders of record as of December 31, 2025. The Board of Directors also declared a fourth quarter 2025 dividend on its convertible Series H Preferred Stock in an amount equal to the as-converted common dividend amount.
FBRT's Board of Directors also declared a fourth quarter 2025 dividend of $0.46875 per share on its 7.50% Series E Cumulative Redeemable Preferred Stock (NYSE: FBRTPRE). This dividend is payable on January 15, 2026, to Series E preferred stockholders of record as of December 31, 2025.
About Franklin BSP Realty Trust, Inc.
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) is a real estate investment trust that originates, acquires and manages a diversified portfolio of commercial real estate debt secured by properti...
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08.12.25 - 22:39
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Franklin BSP Capital Corporation Announces Fourth Quarter 2025 Common Stock Distribution of $0.29 Per Share (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Franklin BSP Capital Corporation, Inc. (“FBCC” or the “Company”) announced its Board of Directors has declared a quarterly cash distribution of $0.29 per common share. The distribution is payable on or about December 18, 2025. The Board of Directors also declared a fourth quarter 2025 distribution on its convertible Series A Preferred Stock in an amount equal to the as-converted common distribution amount.
About Franklin BSP Capital Corporation
FBCC is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. Its investment objective is to generate both current income and to a lesser extent long-term capital appreciation through debt and equity investments. FBCC is managed by Franklin BSP Capital Adviser L.L.C. (the “Adviser”), an affiliate of Benefit Street Partners L.L.C. (“BSP”), a wholly owned subsidiary of Franklin R...
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29.10.25 - 22:03
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Franklin BSP Realty Trust, Inc. Announces Third Quarter 2025 Results (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter ended September 30, 2025.
Reported GAAP net income of $17.6 million for the three months ended September 30, 2025, compared to $24.4 million for the three months ended June 30, 2025. Reported diluted earnings per share ("EPS") to common stockholders of $0.12 for the three months ended September 30, 2025, compared to $0.19 for the three months ended June 30, 2025.
Reported Distributable Earnings (a non-GAAP financial measure) of $26.7 million, or $0.22 per diluted common share on a fully converted basis(1), for the three months ended September 30, 2025, compared to $29.0 million, or $0.27 per diluted common share on a fully converted basis(1), for the three months ended June 30, 2025.
Third Quarter 2025 Summary
Core portfolio:
Principal balance of $4.4 billion across 147 loans, averaging $30.1 million each, with 75.0% collateralized by multifa...
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14.10.25 - 22:24
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Franklin BSP Realty Trust, Inc. Schedules Third Quarter 2025 Earnings Release and Conference Call (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced that it will release its third quarter 2025 results on Wednesday, October 29, 2025, after the close of trading on the New York Stock Exchange. The Company will host a conference call and live audio webcast to discuss its financial results on Thursday, October 30, 2025, at 9:00 a.m. ET.
All conference call and webcast information can be found on the Company's website at https://www.fbrtreit.com. Participants are encouraged to pre-register for the call and webcast at https://dpregister.com/sreg/10203736/10022cb7eb8. If you are unable to pre-register, the conference call may be accessed by dialing (844) 701-1166 (Domestic) or (412) 317-5795 (International). Ask to join the Franklin BSP Realty Trust conference call. Participants should call in at least five minutes prior to the start of the call.
The call will also be accessible via live webcast at https://ccmediaframe.com?id=Jz4nsFTh. Pl...
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26.09.25 - 22:36
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KBRA Assigns Ratings to Franklin BSP Capital Corporation′s $300 Million Senior Unsecured Notes due 2030 (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA assigns a rating of BBB to Franklin BSP Capital Corp's ("FBCC" or "the company") $300 million, 6.00% senior unsecured notes due 2030. The rating Outlook is Stable. The proceeds will be used to repay existing indebtedness.
Key Credit Considerations
The rating and Outlook are supported by FBCC's affiliation with Franklin Templeton, a leading global asset manager with ~$1.6 trillion in AUM as of July 31, 2025, as well as FBCC's ties to Franklin Templeton's wholly owned subsidiary, Benefit Street Partners ("BSP"), a credit platform with ~$79 billion in AUM as of May 31, 2025. The credit platform includes a ~$23 billion direct lending platform that provides SEC exemptive relief to co-invest among BSP affiliates and enhances scale in the competitive private credit environment. The rating is also supported by FBCC's diversified ~$4.1 billion investment portfolio, comprised of 146 companies across 16 industries, excluding investments in JVs, mostly first l...
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26.09.25 - 01:24
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Franklin BSP Capital Corporation Prices Offering of $300 Million 6.000% Notes Due 2030 (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Franklin BSP Capital Corporation (“FBCC” or the “Company”) announced today that it has priced an offering of $300 million in aggregate principal amount of 6.000% notes due 2030 (the “Notes”). The Notes will mature on October 2, 2030, and may be redeemed in whole or in part at FBCC's option at any time at par plus a “make-whole” premium, if applicable. The offering is subject to customary closing conditions and is expected to close on or about October 2, 2025.
FBCC expects to use the net proceeds of the offering for general corporate purposes, including the repayment of indebtedness (which may include certain of the Company's credit facilities) and making investments in portfolio companies in accordance with its investment objectives.
Investors are advised to carefully consider the investment objectives, risks, charges and expenses of the Company before investing.
The Notes offered have not been registered under the Securities Act of 1933, as amended (the “Sec...
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