FBRT Transactions

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.

Franklin BSP Realty Trust contributed $7.5MM to a floating-rate loan on a 180-unit, garden-style multifamily property located in Kaufman, TX. Loan proceeds along with Borrower equity will be used to pay off an existing debt, fund a TI/LC reserve, cover closing costs and fund a future shortfall reserve.

Franklin BSP Realty Trust contributed $18MM to a floating-rate loan on a 148-unit single-family rental property located in Fort Pierce, FL. Loan proceeds along with Borrower equity, will be used to acquire the property and pay closing costs.

Franklin BSP Realty Trust provided a $18MM floating-rate loan on a 148-unit, townhouse-style multifamily property located in Smyrna, GA. Loan proceeds will be used to acquire the property, fund capital improvements and pay closing costs.

Franklin BSP Realty Trust contributed $7.5MM to a floating-rate loan on a 74-unit multifamily property located in Yonkers, NY. Loan proceeds along with Sponsor equity will be used to retire the existing loan and pay loan closing costs.

Franklin BSP Realty Trust contributed $11.43MM to a floating-rate loan on a 243-unit, garden-style multifamily property located in Arlington, TX. Loan proceeds will be used to retire an existing construction debt, repay a preferred equity, fund an interest rate reserve and pay closing costs.

Franklin BSP Realty Trust contributed $7.6MM to a financing package (senior and mezzanine loans) on a 59-unit, mid-rise multifamily property located in Long Island City, NY. Loan proceeds will be used to fund a commercial TI/LC reserve, fund hard and soft costs, fund a shortfall reserve, and cover closing costs.

Franklin BSP Realty Trust contributed $11.4MM to a floating-rate loan on a 228-unit multifamily / SFR property, located in San Antonio, TX. Loan proceeds will be used to retire the existing construction debt, fund a shortfall reserve, pay closing costs, and provide cash out the Borrower.

Franklin BSP Realty Trust contributed $8.5MM to a floating-rate loan on a 324-unit multifamily property located in San Antonio, TX. Loan proceeds will be used to retire the existing construction debt, fund a shortfall reserve, and pay closing costs. financial performance improvements at the property.