Franklin BSP Realty Trust Inc

NYSE: FBRT
$13.25
-$0.06 (-0.5%)
Closing Price on November 8, 2024

FBRT Stock Chart and Intraday Price

FBRT Stock Data

Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector REAL ESTATE & CONSTRUCTION
Industry REAL ESTATE INVESTMENT TRUSTS
Address 9 WEST 57TH STREET, SUITE 4920, NEW YORK, NY, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 1,063.49M USD
Shares Outstanding 82,122,000
Franklin BSP Realty Trust Inc is a New York-based company specializing in commercial real estate finance. It focuses on originating, acquiring, and managing a diverse portfolio of commercial real estate debt investments across the United States. These investments include a variety of loans such as first mortgage, mezzanine, and bridge loans, alongside commercial real estate securities. The company also deals with properties acquired through foreclosure. As a real estate investment trust (REIT), it enjoys certain tax benefits, provided it distributes the majority of its income to shareholders.

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