Franklin BSP Realty Trust, Inc.
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) is a real estate finance company and a real estate investment trust that originates, acquires and manages commercial real estate debt and provides multifamily financing through its Agency Business. Its Commercial Real Estate Financing unit invests mainly in first-mortgage,… From the company’s description.
Over the twelve months to Sep 30, 2026, Franklin BSP Realty Trust, Inc. reported revenue of $290.75M and net income of $19.91M. Its operating margin was 24.3%, and operations generated $216.56M in cash. In fiscal 2025, it reported revenue of $270.07M and net income of $84.08M.
Dotted labels explain each measure. is shown separately from the annual figures.
What Franklin BSP Realty Trust, Inc. does
In the company’s own words
Franklin BSP Realty Trust, Inc. (NYSE: FBRT) is a real estate finance company and a real estate investment trust that originates, acquires and manages commercial real estate debt and provides multifamily financing through its Agency Business. Its Commercial Real Estate Financing unit invests mainly in first-mortgage, subordinated, mezzanine and bridge loans, and also invests in commercial mortgage-backed securities and other real estate-related securities, originates conduit loans for securitization, and may own property through foreclosure or direct investment. Through NewPoint, its Agency Business originates, sells and services multifamily loans under Fannie Mae, Freddie Mac, HUD and Ginnie Mae programs, retaining servicing rights and asset management responsibilities on substantially all loans sold through those programs; it also services third-party commercial real estate finance portfolios. NewPoint was acquired on July 1, 2025. The company has elected REIT tax treatment since 2013 and conducts substantially all of its business through FBRT OP LLC. NewPoint employed all 223 of the company’s employees as of December 31, 2025. Its website is www.fbrtreit.com.
Company details
- Sector
- Financials
- Industry (SIC)
- REITs
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 1562528
- SIC
- 6798
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Franklin BSP Realty Trust, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Franklin BSP Realty Trust, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Franklin BSP Realty Trust, Inc.’s bonds, as funds hold them
Funds report holding 2 issues of Franklin BSP Realty Trust, Inc.’s debt, $45.19M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 8.25%, maturing 2028 to 2030.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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