Franklin BSP Realty Trust, Inc.

Commercial real estate lender structured as a mortgage REIT

What Franklin BSP Realty Trust does

Franklin BSP Realty Trust lends money to owners and buyers of commercial properties like office buildings, apartments and hotels. It also makes loans that it sells to government-backed agencies or bundles for investors. When a borrower defaults, it can take over the property and manage it.

How Franklin BSP Realty Trust makes money

It earns interest income on the commercial real estate loans and securities it holds. It also collects gain-on-sale and servicing fees from originating and selling agency and fixed-rate conduit loans.

Products & services

• First mortgage loans
• Mezzanine and subordinate loans
• Commercial real estate securities
• Agency (GSE) loan origination and servicing
• Fixed-rate conduit loans
• Real estate owned properties