FBRT Transactions

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.

Franklin BSP Realty Trust provided a $20.9MM floating-rate loan on a 144-unit, garden-style multifamily property located in Chapel Hill, NC. Loan proceeds along with Borrower equity will be used to facilitate the acquisition of the property, cover closing costs, purchase a SOFR rate cap, and fund a capital improvement plan.

Franklin BSP Realty Trust contributed $10.2MM to a floating-rate loan on a 118-bed stabilized assisted living property located in the Bronx, NY. Loan proceeds will be used to refinance the existing debt, return equity to the sponsors and make improvements to the property.

Franklin BSP Realty Trust contributed $61.5MM to a floating-rate loan on three multifamily properties comprised of 733 units, located in Summerville, SC, Houston, TX, and Katy, TX. Loan proceeds will be used to retire an existing debt and pay closing costs.

Franklin BSP Realty Trust contributed $25.75MM to a floating-rate loan on a 408-unit, multifamily property located in Lilburn, GA. Loan proceeds will be used to pay off an existing debt, fund an interest rate cap and cover closing costs.