Name | Value |
---|---|
Revenues | 0.0M |
Cost of Revenue | 2.1M |
Gross Profit | -2.1M |
Operating Expense | 3.6M |
Operating I/L | -5.7M |
Other Income/Expense | 36.1M |
Interest Income | 134.1M |
Pretax | 30.4M |
Income Tax Expense | -0.2M |
Net Income/Loss | 31.6M |
Franklin BSP Realty Trust, Inc. is a real estate finance company that originates, acquires, and manages a portfolio of commercial real estate debt secured by properties in the United States. The company also invests in commercial real estate securities, owns real estate acquired through foreclosure, and invests in commercial real estate debt investments, including first mortgage loans, mezzanine loans, and bridge loans. It qualifies as a real estate investment trust for federal income tax purposes and is generally not subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.