FBRT Transactions

Franklin BSP Realty Trust contributed $7.5MM to a floating-rate loan on a 352K SF industrial property located in Apopka, FL. Loan proceeds along with Borrower equity will facilitate the acquisition of the property and cover closing costs.

Franklin BSP Realty Trust contributed $7.5MM to a floating-rate loan on a 213-key, full-service hospitality property located in Orlando, FL. Loan proceeds will be used to refinance the existing loan and pay closing costs.

Franklin BSP Realty Trust contributed $11.5MM to a floating-rate loan on a 3-building, 229K SF industrial building property in Leander, TX. Loan proceeds will be used to retire an existing debt and pay closing costs.

Franklin BSP Realty Trust contributed $7.5MM to a floating-rate loan on a 265K SF industrial property located in San Marcos, TX. Loan proceeds along with Sponsor equity were used to acquire the property, pay closing costs, fund capital improvements, tenant improvements & leasing commissions, and interest & operating shortfalls.

Franklin BSP Realty Trust contributed $10MM to five independent living facilities totaling 701 units located in the Rochester, NY. Loan proceeds along with Borrower equity will be used to purchase the portfolio, fund an upfront immediate repair escrow and pay closing costs.

Franklin BSP Realty Trust contributed $7.8MM to a floating-rate loan on a 429K SF industrial property located in Palatine, IL. Loan proceeds along with Sponsor equity will be used to retire the existing debt, pay closing costs, capitalize future tenant improvements, leasing commissions, capital expenditures and interest & operating shortfalls.

Franklin BSP Realty Trust contributed $51.65MM to a floating-rate loan on a 170-unit mixed-use multifamily property located in Rego Park, NY. Loan proceeds will be used to pay off existing debt, fund a shortfall reserve, fund leasing commissions, and pay closing costs.

Franklin BSP Realty Trust provided an $8.4MM floating-rate loan on a 64-unit multifamily property located in Jacksonville, FL. Loan proceeds along with Borrower equity will be used to pay off the existing debt, fund a shortfall reserve, and pay closing costs.

Franklin BSP Realty Trust contributed $7.8MM to a floating-rate loan on a 146-unit multifamily property located in Aurora, CO. Loan proceeds will be used to retire an existing construction debt, fund a shortfall reserve, and pay closing costs.

Franklin BSP Realty Trust contributed $20.9MM to a floating-rate loan on five skilled nursing facilities, consisting of 542 beds across 457 units located in various cities in Colorado. Loan proceeds will be used to acquire the properties, pay closing costs and fund a repairs reserve.

Franklin BSP Realty Trust contributed $23.4MM to a floating-rate loan on a 380-unit multifamily property located in Las Vegas, NV. Loan proceeds will be used to pay off existing loans, fund a shortfall reserve and pay closing costs.

Franklin BSP Realty Trust contributed $35.68MM to a floating-rate loan on a 277-unit, mid-rise multifamily property located in Colorado Springs, CO. Loan proceeds will be used to pay off an existing construction loan, fund a shortfall reserve, and pay closing costs.