Capstead

Franklin BSP Realty Trust, Inc. and Capstead Mortgage Corporation Announce Final Exchange Ratio for Proposed Merger

Retrieved on: 
Wednesday, October 13, 2021
REIT, Finance, Banking, Professional Services, Construction & Property, Form, Proxy, Tripura Merger Agreement, Franklin Templeton Investments, Ownership, Time, SEC, BSP, Federation, Securities Act of 1933, NYSE, Sale, BEN, Income, COVID-19, ANY, U.S. Securities and Exchange Commission, Freddie Mac, Communication, Disclosure, Leadership, Government, Prospectus, First, Plan, Failure, Annual report, Fannie Mae, Agreement, ARM, Securities Exchange Act of 1934, Government National Mortgage Association, Forward-looking statement, Risk, Share repurchase, Central Time, REIT, AS, THE, Trust, GAAP, SEC filing, Security (finance), Holding company, Financial services, Capstead, Franklin BSP Realty Trust, Inc., Benefit Street Partners, Franklin Templeton, CAPSTEAD, FRANKLIN BSP REALTY TRUST, INC., BENEFIT STREET PARTNERS, FRANKLIN TEMPLETON

The final exchange ratio is based on the actual book values of FBRT and Capstead as of the determination date of September 30, 2021, pursuant to the Merger Agreement.

Key Points: 
  • The final exchange ratio is based on the actual book values of FBRT and Capstead as of the determination date of September 30, 2021, pursuant to the Merger Agreement.
  • The total consideration to Capstead common stockholders represents a 15.75% premium to the Capstead adjusted book value per share.
  • The completion of the Merger is subject to the satisfaction of certain customary conditions, including approval of the common stockholders of Capstead.
  • In connection with the proposed Merger, FBRT has filed with the SEC a registration statement on Form S-4 (File No.

Franklin BSP Realty Trust, Inc. and Capstead Mortgage Corporation Announce Final Exchange Ratio for Proposed Merger

Retrieved on: 
Wednesday, October 13, 2021
Construction & Property, REIT, Form, Proxy, Tripura Merger Agreement, Franklin Templeton Investments, Ownership, Time, SEC, BSP, Federation, Securities Act of 1933, NYSE, Sale, BEN, Income, COVID-19, ANY, U.S. Securities and Exchange Commission, Freddie Mac, Communication, Disclosure, Leadership, Government, Prospectus, First, Plan, Failure, Annual report, Fannie Mae, Agreement, ARM, Securities Exchange Act of 1934, Government National Mortgage Association, Forward-looking statement, Risk, Share repurchase, Central Time, REIT, AS, THE, Trust, GAAP, SEC filing, Security (finance), Holding company, Financial services, Capstead, Franklin BSP Realty Trust, Inc., Benefit Street Partners, Franklin Templeton, CAPSTEAD, FRANKLIN BSP REALTY TRUST, INC., BENEFIT STREET PARTNERS, FRANKLIN TEMPLETON

The final exchange ratio is based on the actual book values of FBRT and Capstead as of the determination date of September 30, 2021, pursuant to the Merger Agreement.

Key Points: 
  • The final exchange ratio is based on the actual book values of FBRT and Capstead as of the determination date of September 30, 2021, pursuant to the Merger Agreement.
  • The total consideration to Capstead common stockholders represents a 15.75% premium to the Capstead adjusted book value per share.
  • The completion of the Merger is subject to the satisfaction of certain customary conditions, including approval of the common stockholders of Capstead.
  • In connection with the proposed Merger, FBRT has filed with the SEC a registration statement on Form S-4 (File No.

Capstead Mortgage Corporation Declares Interim Common Dividend of $0.014 Per Share

Retrieved on: 
Thursday, October 7, 2021
Construction & Property, REIT, Form, Proxy, Tripura Merger Agreement, LLC, Ownership, Board of directors, SEC, Board, Federation, Securities Act of 1933, NYSE, Sale, Company, Calendar, Income, COVID-19, ANY, U.S. Securities and Exchange Commission, Freddie Mac, Communication, Disclosure, Leadership, Government, Prospectus, First, Plan, Failure, Annual report, Fannie Mae, Agreement, ARM, Sub, Securities Exchange Act of 1934, Government National Mortgage Association, Forward-looking statement, Risk, Share repurchase, REIT, AS, THE, CMO, Trust, GAAP, SEC filing, Holding company, Security (finance), Capstead, Benefit Street Partners Realty Trust, CAPSTEAD, BENEFIT STREET PARTNERS REALTY TRUST

Capstead Mortgage Corporation (NYSE: CMO ) (Capstead or the Company) announced today that its Board of Directors has declared an interim dividend of $0.014 per common share.

Key Points: 
  • Capstead Mortgage Corporation (NYSE: CMO ) (Capstead or the Company) announced today that its Board of Directors has declared an interim dividend of $0.014 per common share.
  • The dividend is payable on October 18, 2021 to common stockholders of record as of October 13, 2021.
  • Under the Merger Agreement, the common stockholders of Capstead are entitled to receive a partial payment of the current quarters dividend prior to the anticipated closing date of the Merger.
  • Under the Merger Agreement, BSPRT is also required to distribute a similar partial payment dividend to its common stockholders of record.

Benefit Street Partners Realty Trust Declares Third Quarter 2021 Common Dividend of $0.355 Per Share

Retrieved on: 
Wednesday, September 29, 2021
Construction & Property, Professional Services, REIT, Finance, Securities Act of 1933, Plan, AS, Freddie Mac, BSP, Communication, Agreement, SEC, REIT, Failure, Government National Mortgage Association, Proxy, Board of directors, U.S. Securities and Exchange Commission, Income, Form, Leadership, ARM, Prospectus, NYSE, Franklin Templeton Investments, Annual report, Trust, Sale, Federation, THE, CMO, LLC, Risk, SEC filing, Forward-looking statement, Government, Sub, BEN, Ownership, Board, Form 10-K, Share repurchase, ANY, COVID-19, Fannie Mae, Securities Exchange Act of 1934, Security (finance), Financial services, Benefit Street Partners Realty Trust, Benefit Street Partners, Franklin Templeton, Capstead, BENEFIT STREET PARTNERS REALTY TRUST, BENEFIT STREET PARTNERS, FRANKLIN TEMPLETON, CAPSTEAD

Benefit Street Partners Realty Trust, Inc (BSPRT or the Company) announced that its Board of Directors has declared a third quarter 2021 common dividend of $0.355 per common share.

Key Points: 
  • Benefit Street Partners Realty Trust, Inc (BSPRT or the Company) announced that its Board of Directors has declared a third quarter 2021 common dividend of $0.355 per common share.
  • The dividend is payable on or about October 1, 2021 to common stockholders of record as of September 30, 2021.
  • Benefit Street Partners Realty Trust, Inc. (BSPRT) is a publicly-registered, private real estate investment trust that originates, acquires and manages a diversified portfolio of commercial real estate debt secured by properties located in the United States.
  • Benefit Street Partners L.L.C (BSP) is a leading credit-focused alternative asset management firm with over $34 billion in assets under management as of July 31, 2021.

Capstead Mortgage Corporation Declares Third Quarter 2021 Common Dividend of $0.0725 Per Share and Series E Preferred Dividend of $0.46875 Per Share

Retrieved on: 
Thursday, September 16, 2021
REIT, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Risk, Form, Income, Board of directors, Federation, Investment, SEC filing, Ownership, Form 10-K, Board, Freddie Mac, Forward-looking statement, Prospectus, ARM, Failure, Proxy, REIT, Company, Sub, Private Securities Litigation Reform Act, LLC, Government National Mortgage Association, U.S. Securities and Exchange Commission, Agreement, Annual report, NYSE, Investment Company Act of 1940, Phrase, Legislation, Communication, CMO, Trust, Securities Act of 1933, Fannie Mae, SEC, Sale, Plan, Holding company, Security (finance), Capstead, Benefit Street Partners Realty Trust, CAPSTEAD, BENEFIT STREET PARTNERS REALTY TRUST

Capstead Mortgage Corporation (NYSE: CMO ) (Capstead or the Company) announced today that its Board of Directors has declared a third quarter 2021 common dividend of $0.0725 per common share.

Key Points: 
  • Capstead Mortgage Corporation (NYSE: CMO ) (Capstead or the Company) announced today that its Board of Directors has declared a third quarter 2021 common dividend of $0.0725 per common share.
  • The dividend is payable on October 15, 2021 to common stockholders of record as of September 30, 2021.
  • Capsteads Board of Directors also declared a third quarter 2021 dividend of $0.46875 per share on its 7.50% Series E Cumulative Redeemable Preferred Stock (NYSE: CMOPRE ).
  • This dividend is payable on October 15, 2021 to Series E preferred stockholders of record as of September 30, 2021.

Benefit Street Partners Realty Trust and Capstead Mortgage Corporation to Merge

Retrieved on: 
Monday, July 26, 2021
Professional services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Real estate investment trust, AREIT, Companies listed on the New York Stock Exchange, Capstead, Benefit Street Partners Realty Trust, Benefit Street Partners, Franklin Templeton, CAPSTEAD, BENEFIT STREET PARTNERS REALTY TRUST, BENEFIT STREET PARTNERS, FRANKLIN TEMPLETON

Benefit Street Partners Realty Trust, Inc. (BSPRT), a publicly-registered, non-listed real estate investment trust (REIT), and Capstead Mortgage Corporation (NYSE: CMO) (Capstead), a REIT, today announced they have entered into a definitive merger agreement.

Key Points: 
  • Benefit Street Partners Realty Trust, Inc. (BSPRT), a publicly-registered, non-listed real estate investment trust (REIT), and Capstead Mortgage Corporation (NYSE: CMO) (Capstead), a REIT, today announced they have entered into a definitive merger agreement.
  • The combined company, to be called Franklin BSP Realty Trust post-close, will transition the capital base of Capstead, a residential mortgage REIT, into commercial mortgage loans where BSPRT is focused.
  • Franklin BSP Realty Trust will be the 4th largest commercial mortgage REIT with nearly $2 billion of pro forma equity.
  • Benefit Street Partners Realty Trust, Inc. (BSPRT) is a publicly-registered, private real estate investment trust that originates, acquires and manages a diversified portfolio of commercial real estate debt secured by properties located in the United States.