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Franklin BSP Realty Trust Expands with NewPoint Acquisition

Story Highlights
  • Franklin BSP Realty Trust acquires NewPoint Holdings to expand multifamily lending.
  • The acquisition aims to enhance earnings, diversify business, and increase market reach.
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Franklin BSP Realty Trust Expands with NewPoint Acquisition

Franklin BSP Realty Trust ( (FBRT) ) has shared an update.

On March 9, 2025, Franklin BSP Realty Trust, Inc. announced its acquisition of NewPoint Holdings JV LLC, a commercial real estate finance company. The transaction, expected to close in the third quarter of 2025, aims to expand FBRT’s multifamily lending offerings and increase its market reach. The acquisition is anticipated to enhance FBRT’s earnings power and diversify its business lines, including agency and mortgage servicing. This strategic move is expected to create a comprehensive one-stop client solution, enhance long-term stockholder value, and potentially allow FBRT to trade at a premium to book value.

More about Franklin BSP Realty Trust

Franklin BSP Realty Trust, Inc. is a real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt secured by properties located in the United States. It is externally managed by Benefit Street Partners L.L.C., a subsidiary of Franklin Resources, Inc.

YTD Price Performance: 6.78%

Average Trading Volume: 415,293

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.1B

For detailed information about FBRT stock, go to TipRanks’ Stock Analysis page.

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