Franklin BSP

Franklin BSP Realty Trust is a real estate investment trust managed through a partnership between Franklin Templeton and Benefit Street Partners, a leading alternative asset manager specializing in credit strategies. The externally managed REIT focuses primarily on originating, acquiring, and managing a diversified portfolio of commercial real estate debt investments, including first mortgage loans, mezzanine loans, preferred equity, and other real estate credit instruments. Franklin BSP Realty Trust is registered with the SEC and provides individual investors and financial advisors with access to institutional-quality commercial real estate debt strategies through a publicly accessible structure.

The investment strategy of Franklin BSP Realty Trust centers on generating stable current income and capital preservation through a portfolio of high-quality, diversified commercial real estate loans across multiple property types and geographic markets. The platform draws on Benefit Street Partners' deep credit expertise and long track record in direct lending and credit-oriented strategies, combined with Franklin Templeton's extensive real estate investment capabilities and distribution network. The combination enables the REIT to access a broad pipeline of commercial real estate lending opportunities across multifamily, office, retail, industrial, and hospitality sectors, applying rigorous credit underwriting to build a high-quality loan portfolio.

Franklin BSP Realty Trust represents a distinctive example of how institutional asset managers are partnering to create accessible alternative investment products for the wealth management market. The trust's structure provides individual investors with access to institutional-quality commercial real estate debt exposure, with the potential for current income and capital appreciation that is typically available only to large institutional investors. The backing of both Franklin Templeton's global distribution platform and Benefit Street Partners' credit investment expertise positions Franklin BSP Realty Trust as a credible and well-resourced vehicle for individual investors seeking real estate credit exposure within a regulated investment structure.