Franklin BSP Realty Trust Completes Major Securitization Deal

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2025.10.17 20:47
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Franklin BSP Realty Trust (FBRT) completed a $1.076 billion commercial real estate mortgage securitization on October 15, 2025. The company sold approximately $947 million in notes, secured by a portfolio of mortgage loans. Proceeds will repay credit facilities, fund future loans, and support general corporate purposes. Analysts rate FBRT stock as a Hold with a price target of $11.50, reflecting a stable but cautious outlook due to mixed financial performance and high leverage. The company operates in the commercial real estate sector, focusing on mortgage loans and investments.