Name | Value |
---|---|
Revenues | 132.8M |
Cost of Revenue | 7.7M |
Gross Profit | 125.1M |
Operating Expense | 40.2M |
Operating I/L | 115.0M |
Other Income/Expense | -8.3M |
Interest Income | 133.6M |
Pretax | -3.9M |
Income Tax Expense | -0.1M |
Net Income/Loss | -2.6M |
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 purchases real estate for investment purposes. Additionally, it invests in various commercial real estate debt instruments, including first mortgage loans, mezzanine loans, and bridge loans. As a real estate investment trust, it benefits from tax advantages by distributing at least 90% of its taxable income to stockholders, thus generally avoiding federal corporate income taxes.