Franklin BSP Realty Trust, Inc. Announces Third Quarter 2023 Results
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter ended September 30, 2023.
- Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter ended September 30, 2023.
- FBRT received loan repayments of $290 million for a net decrease in our loan portfolio of $92 million in the quarter.
- Additionally, subsequent to September 30, 2023, the Company closed $138 million of new loan commitments which consisted of four loans.
- Conduit: For the quarter ended September 30, 2023, the Company closed a $17 million fixed rate loan that will be sold through FBRT's conduit program.