Franklin BSP Realty Trust reported a $43.1 million net provision for credit losses and a $27 million GAAP net loss for the third quarter of 2026, highlighting continued pressure in portions of commercial mortgage finance.The lender’s core portfolio totaled...
New York City-based Franklin BSP Realty Trust Inc. (NYSE: FBRT) is acquiring NewPoint Holdings JV LLC, a privately held commercial real estate finance company headquartered in Plano, Texas. The financial terms of the deal were not disclosed. According to the...