Franklin BSP Realty Trust, Inc. (FBRT) Research

Franklin BSP Realty Trust, Inc. functions as a real estate finance firm, primarily engaged in the creation, acquisition, and management of a varied portfolio of commercial real estate debt, secured by properties located across the United States. Its operations also include originating conduit loans and investing in commercial real estate securities. Additionally, the company owns real estate assets obtained via foreclosure, deed-in-lieu transactions, or direct purchase for investment. Its investment scope within commercial real estate debt encompasses first mortgage loans, mezzanine loans, bridge loans, and other related credit instruments. The company holds the qualification of a Real Estate Investment Trust (REIT) for federal tax purposes, which typically allows it to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable income to its stockholders. Incorporated in 2012 and headquartered in New York, New York, the company was previously known as Benefit Street Partners Realty Trust, Inc.

Market snapshot

Symbol
FBRT
Price
$8.43
Day change
+2.80%
Market cap
$648.8M
P/E ratio
16.16x
52-week range
8.12-11.84
Sector
Real Estate
Industry
REIT - Mortgage
Next earnings
in 1 month
Analyst price target
$15.33

Peer companies

  • Saul Centers, Inc. (BFS)
  • Chimera Investment Corporation (CIM)
  • Granite Point Mortgage Trust Inc. (GPMT)
  • MFA Financial, Inc. (MFA)
  • TPG Mortgage Investment Trust Inc (MITT)
  • PennyMac Mortgage Investment Trust (PMT)
  • Ready Capital Corporation (RC)
  • Sachem Capital Corp. (SACH)

Recent insider activity

  • ORTALE BUFORD H — P-Purchase (25900 shares) on 2026-06-15
  • ORTALE BUFORD H — P-Purchase (3697 shares) on 2026-06-15
  • ORTALE BUFORD H — P-Purchase (10000 shares) on 2022-09-06
  • ORTALE BUFORD H — A-Award (12835 shares) on 2026-06-08
  • Dumars Joe — A-Award (12835 shares) on 2026-06-08

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